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