The Middle East/Africa region reported decreases in all three key measurements for January 2010, when reported in USD, according to data compiled by STR Global. The region's occupancy in January this year fell 2.3 per cent to 54.8 per cent, Average Daily Rate (ADR) decreased 1.9 per cent to USD 170.20, and revenue per available room decreased 4.1 per cent to USD 93.23.
Highlights among the region's key markets for January this year include (year-over-year comparisons, all currency in USD):
Amman, Jordan, reported the largest occupancy increase, rising 7.1 per cent to 44.1 per cent, followed by Beirut, Lebanon (+6.1 per cent to 57.6 per cent), and Dubai, United Arab Emirates (+6.1 per cent to 72.1 per cent).
Three markets posted double-digit occupancy decreases: Abu Dhabi, UAE (-27.1 per cent to 56.5 per cent); Muscat, Oman (-21.6 per cent to 53.1 per cent); and Johannesburg, South Africa (-10.1 per cent to 47.9 per cent).
Three markets experienced ADR increases of 25 per cent or more: Cape Town, South Africa (+49.0 per cent to USD 166.30); Johannesburg (+34.6 per cent to USD 92.62); and Beirut (+25.7 per cent to USD 206.00).
Muscat led the ADR decreases, falling 25.0 per cent to USD 256.73, followed by Abu Dhabi with 18.3-per cent decrease to USD 286.80.
Cape Town ended the month with the largest RevPAR increase, rising 46.0 per cent to USD 98.58, followed by Beirut with a 33.4-per cent increase to USD 118.76.
Muscat (-41.2 per cent to USD 136.27) and Abu Dhabi (-40.5 per cent to USD 162.02) reported the largest RevPAR decreases.
SOURCE | http://linkbee.com/E8J64