STR: Preliminary August data for Jeddah hotels
STR: Preliminary August data for Jeddah hotels
11 SEPTEMBER 2017 8:44 AM

Preliminary August 2017 data from STR shows hotels in Jeddah, Saudi Arabia, reported occupancy decreased 13.7% to 68.5%, and while ADR rose 8.2% to 1,240.65 Saudi Arabian riyals ($330.83), RevPAR still dropped 6.6% to 850.30 Saudi Arabian riyals ($226.68).

LONDON—STR’s preliminary August 2017 data for Jeddah, Saudi Arabia, indicates lower occupancy levels but higher rates amid significant supply growth.

Based on daily data from August, Jeddah reported the following in year-over-year comparisons:

  • Supply: +17.8%
  • Demand: +1.7%
  • Occupancy: -13.7% to 68.5%
  • Average Daily Rate (ADR): +8.2% to SAR1,240.65
  • Revenue Per Available Room (RevPAR): -6.6% to SAR850.30.

STR analysts note that the year-over-year spike in rooms available (supply) significantly pressured occupancy levels and ultimately RevPAR for the month.

STR will release full August 2017 results later this month.

Media Contacts:

Alex Anstett
Media & Communications Coordinator
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
+44 (0)207 922 1965

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at 

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.