| Year-to-date hotel results released by MKG Hospitalitys database CompSet, indicate Qatar has been the regions best-performing country in terms of revenue per available room (RevPAR), with just over $213. This has been driven by a healthy average daily rate (ADR) of over $306 and a relatively high occupancy rate (OR) of 69.5%. The UAE on the other hand seems to have sacrificed ADR (now at $260) in order to achieve an OR of almost 81% and attain a RevPAR of just over $210. Kuwait and Bahrain came in third and fourth, both with a RevPAR close to $164. Where Kuwait recorded a high ADR ($282) and low OR (58.3%), Bahrain achieved a higher OR (73.6%) and an ADR of $164. Other notable performers were Oman and Algeria, with RevPARs of $158 and $148, respectively. |
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