Jeddah’s hotel industry reported one of its highest monthly occupancy levels of the pandemic period, according to preliminary March 2021 data from STR.
- Occupancy: 47.1%
- Average daily rate (ADR): SAR676.36
- Revenue per available room (RevPAR): SAR318.72
The occupancy and RevPAR levels were Jeddah’s second highest since February 2020. Only January 2021 produced higher levels. ADR, on the other hand, fell in line with the levels recorded in the latter half of 2020.
Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.