The Middle East/Africa region reported mostly positive performance results in January 2012
In January 2012, the region was flat in occupancy at 55.5 percent, reported a 6.4-percent increase in average daily rate to US$181.61 and achieved a 6.4-percent increase in revenue per available room to US$100.88.
The Middle East started the new year with good results across all key indicators with double-digit RevPAR and occupancy growth, said Elizabeth Randall, managing director of STR Global.
The supply increase dropped for the first time in three years below the 5 percent mark. Across Africa, we saw the lowest monthly supply increase (+1.5 percent) for the last three years. The continuing uncertainty across Northern Africa pushed down occupancy, while occupancy across Southern Africa grew.