COVID-19 webinar summary: 5 key points on Middle East and Africa hotel performance, 3 June
Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in the Middle East and Africa.
Positive Eid al-Fitr weekend in the Middle East
During the weekend of Eid al-Fitr (23-24 May), key markets in the Middle East posted 85% occupancy levels, and some of the beach areas reached 70% occupancy.
Africa: difficult April
Hotel performance in all countries has been affected by COVID-19. At the market-level In April, Marrakech and Sharm el-Sheikh posted just a 1% occupancy level for open hotels. Showing how low performance had fallen across the markets, Lagos posted the highest occupancy level for the month at 40%.
South Africa RevPAR growth streak stalled
Occupancy declines in Cape Town
After a fairly consistent run of occupancy growth since the beginning of the year, Cape Town began reporting dramatic declines in the metric starting 28 February.
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