“STR analysts note that the absolute occupancy level was the lowest for an April since 2010, while absolute ADR was the lowest for the month since 2007,” said a spokesperson for STR.

“Significant supply growth (+6.2%) has been the main driver of negative performance in the market. Until a 6.7% demand decrease in April, the market had reported four consecutive months of demand growth.”

Makkah

  • Occupancy: -12.2% to 66.4%
  • ADR: -17.9% to SAR387.12
  • RevPAR: -27.9% to SAR257.23

Middle East

  • Occupancy: -4.4% to 72.0%
  • Average daily rate (ADR): -4.5% to US$163.76
  • Revenue per available room (RevPAR): -12.1% to US$115.45