Hotel performances in the Middle East are contrasted for the first five months of the year. The Arabian Peninsula's countries such as Qatar, Kuwait and Saudi Arabia recorded good results thanks to the organization of major events. On the contrary, leisure destinations appreciated by the Europeans (Maghreb, Turkey) saw their results slip off.
Like Morocco, Tunisia is once again on a negative trend. In spite of the organization of many events at the end of May such as the Tunisia Boat Show and the International Tourism and Travel Show, the consequences of terrorist attacks had a strong impact on the occupancy rate this month too (-7.6 points). The RevPAR fell by 12.9%.
In Algeria, performances stop to rise this time. This month's RevPAR decreased by 2.5% mainly as a result of a decrease in occupancy (-2.4 points). The situation in Egypt is similar to the beginning of the year. Results are up for all the cities in the country with the best increase in RevPAR for the capital: Cairo (RevPAR up 43.5%).
In Jordan, occupancy continues to fell this month, losing 6 points. The capital Amman is following this trend as well and the RevPAR decreased by 12.3%. Lebanon recorded good performances, the RevPAR grew by 5.1% thanks to the ADR rise +11.1%). In Turkey, despite an increase in occupancy rate (+5.4 points), average rates decreased by 9.7 points, resulting in a RevPAR down by 2.7%. Istanbul experienced this trend too, with a change in the RevPAR by -1.8% this month, contrary to last month.
In Oman, occupancy roseby 1.9 points. The city of Muscat hosted no major event which generated for hoteliers an ADR decrease by 3.1%. Bahrain is on a negative trend (RevPAR: -8.2%), occupancy decreased because last year the country organized Middle East Petrotech and this year there was no event to compensate. In Kuwait, hotel performances are up compared to last year, mainly thanks to the organization of the Gulf Conference for Human Resources Development from 19 to 21 May 2015 and the Kuwait International Trade Fair from 21 to 30 May 2015, the RevPAR increased by 13.9% this month.
Hotel performances in Saudi Arabia, are up as well with the organisation of the international event Machine Tools Exhibition 2015 from 19 to 21 May 2015. The RevPAR grew by 4.8% thanks to the rise in the ADR (+4.9%). In Qatar, performances showed a clear increase. Hoteliers in Doha have particularly benefited from strong business activities: Project Qatar from 2 to 5 May 2015. Across the month of May, average prices rose more than 8.2% in the country and the RevPAR increased by 7.3%.
In the UAE, hospitality activity recorded a decrease in performances, the RevPAR decreased by 5.3% due to ADR (-4.9%).
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