Riyadh hotels showed steady performance in February - Insights
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Riyadh hotels showed steady performance in February

Riyadh hotels performanceRiyadh’s hotel industry reported steady performance levels compared with recent months, according to preliminary February 2022 data from STR

  • Occupancy: 72.2%
  • Average daily rate (ADR): SAR652.09
  • Revenue per available room (RevPAR): SAR471.01

This was Riyadh’s third February since 2015 with an occupancy level above 70%. Additionally, the RevPAR level was the market’s second-highest of the pandemic era, behind December 2021 (SAR472.07).

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

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