“Africa’s improving results boosted the region’s overall performance, ending year-to-date with a 2.6-percent RevPAR increase.
“The Middle East was the only sub region globally that still saw both occupancy and ADR declines for the first half. Nonetheless, Middle Eastern hotels still achieved the highest ADR (US$201) and RevPAR (US$125) of all the global sub regions”, Randall added.
“As the addition of new supply entering the Middle East hasn’t majorly slowed down over the past 18 months, showing a 10 percent increase year-to-date, the increasing demand (+8 percent YTD) had a harder time flittering through into growing occupancy and ADR growth”.
South African hotels enjoyed large increases in all three performance metrics in June, STR Global said, adding that Beirut, Lebanon, was the only other key market to report an occupancy increase - up 22.6 percent to 69.3 percent.