STR: Jeddah hotels reported highest performance since September 2019

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%).