Riyadh hotels record highest occupancy in February since 2008

Riyadh’s hotel occupancy was the highest in February since 2008, according to preliminary STR data.

  • Occupancy: 75.5%
  • Average Daily Rate (ADR): 801.46 SAR
  • Revenue per available room (RevPAR): 605.06 SAR

Each of the three key performance metrics were significantly higher than their pre-2019 pandemic peers: occupancy (+23.4%), ADR (+34.0%), and RevPAR (+65.3%).

According to daily data, the market registered an occupancy of more than 90% for three consecutive days from February 6 to 8, helped by the International Conference and Exhibition for Science.

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