MEA region witnesses 6.4% increase in occupancies
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The recent hospitality report for the Middle East/Africa region by STR Global revealed a positive performance results for February 2013. The region reported a 6.4% increase in occupancy to 66.4%, a 2.9% increase in average daily rate to US$176.55 and a 9.5% increase in revenue per available room to US$117.24. 
Elizabeth Winkle, managing director of STR Global said: “Dubai in particular reported significant increases in both supply and demand within the Luxury segment. However, the emirate’s Upper Midscale, Midscale and Economy segments collectively saw the highest ADR growth in both February and year-end 2012 data.”
Highlights among the region’s key markets for February 2013 include Abu Dhabi (+18.3% to 76.4%); Muscat (+16.2% to 83.0%) and Cape Town (+13.1% to 83.6%). Amman fell 31.9% in occupancy to 53.6%, posting the largest decrease in that metric. While Jeddah increased 10.3% in ADR to US$227.49, reporting the only double-digit increase in that metric. Beirut reported the largest ADR decrease, falling 19.8% to US$156.07.
Four markets achieved double-digit RevPAR increases: Abu Dhabi (+24.2% to US$143.41); Muscat (+15.8% to US$205.47); Jeddah (+10.5% to US$179.95); and Dubai (+10.4% to US$238.36). Amman (-25.8% to US$83.83) and Beirut (-25.6%t to US$83.27) reported the largest RevPAR decreases for the month.
