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Doha, Qatar

Qatar’s April hotel performance peaks during Eid Al Fitr

DOHA, May 15, 2024

Qatar hotel performance jumped during Eid Al Fitr, according to April preliminary data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.

The April 2024 year-over-year % performance is as follows:  

• Occupancy: 62.6% (+32.3%)

• Average daily rate (ADR): QAR463.54 or $127 (+4.4%)

• Revenue per available room (RevPAR): QAR290.14 (+38.1%)

Qatar saw its highest daily occupancy levels on Thursday, April 11 (90.9%) and Friday, April 12 (91.7%). The country recorded its highest ADR on the same two nights, at QAR753.42 and QAR760.29, respectively.

RevPAR peaked on Friday, April 12, at QAR696.92. – TradeArabia News Service

 




Tags: RevPAR | Occupancy | Eid Al Fitr | Qatar hotels | ADR | CoStar |

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