Preliminary May data for Riyadh hotels - Insights
Global News

Preliminary May data for Riyadh hotels

Riyadh May hotel dataRiyadh’s hotel industry reported its highest room rates in three months, according to preliminary May 2021 data from STR

  • Occupancy: 42.8%
  • Average daily rate (ADR): SAR544.31
  • Revenue per available room (RevPAR): SAR232.85

Each of the three key performance metrics were up from April, but despite the month-over-month increase, occupancy and RevPAR came in lower than earlier pandemic-affected months. Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.

All of STR’s COVID-19 analysis can be found here.

Tags: , ,

Related Courses

Related Articles

U.S. Travel welcomes U.S.-U.K. move to open travel corridor
Preliminary May data for Berlin hotels

You might also like:

 
Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Most popular:

Popular this week:

[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]
[class^="wpforms-"]