STR | June 17, 2022
LONDON—Jeddah’s hotel industry reported its highest performance levels since September 2019, according to preliminary May 2022 data from STR.
- Occupancy: 64.4%
- Average daily rate (ADR): SAR901.40
- Revenue per available room (RevPAR): SAR580.62
While the highest since September 2019, each of the key performance levels came in lower than the pre-pandemic comparables from May 2019: occupancy (-6.4%), ADR (-29.4%) and RevPAR (-33.9%).
All of STR’s COVID-19 analysis can be found here.
