Riyadh Hotel Industry Reported Mixed Performance in Comparison With Recent Month for September

Riyadh, Saudi Arabia - Unsplash
Riyadh Hotel Industry Reported Mixed Performance in Comparison With Recent Month for September

Riyadh’s hotel industry reported mixed performance in comparison with recent months, according to preliminary September 2021 data from STR.

  • Occupancy: 59.0%
  • Average daily rate (ADR): SAR520.78
  • Revenue per available room (RevPAR): SAR307.46

Absolute occupancy fell slightly from August (60.5%), but the ADR level was the market’s highest since May and the RevPAR level was the highest since June. For context, pre-pandemic comparables from September 2019 were 62.1% occupancy, SAR553.14 ADR and SAR343.47 RevPAR.

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.