Riyadh inns submit highest February occupancy since 2008


Riyadh’s lodge occupancy was its highest for a February since 2008, in accordance with preliminary information from STR. Riyadh hotel performance

  • Occupancy: 75.5%
  • Common each day price (ADR): SAR801.46
  • Income per accessible room (RevPAR): SAR605.06

Every of the three key efficiency metrics got here in considerably greater than the pre-pandemic comparables from 2019: occupancy (+23.4%), ADR (+34.0%) and RevPAR (+65.3%). 

In keeping with each day information, the market recorded occupancy over 90% for 3 consecutive days from 6-8 February, helped by the Worldwide Convention and Exhibition for Science.

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