jeddah‘s hotel performance was lower than the previous month but outperformed pre-pandemic comparables, according to preliminary data.
Data for November 2022 from STRENGTH.
- Occupancy: 54.5%
- Average Daily Rate (ADR): 586.71 SAR
- Revenue per available room (RevPAR): 319.50 SAR
Market occupancy was the lowest since April 2022, while ADR and RevPAR were the lowest since February 2022. However, each of the three key performance metrics outperformed the 2019 comparable: occupancy (+ 16.2%), ADR (+13.0%). and RevPAR (+31.3%).
When looking daily datathe highest occupancy level (75.2%) was Recorded on Wednesday, November 30, the only day of the month that the metric exceeded 70%.
