Middle East RevPar Falls During Ramadan: STR Global

Occupancy rate for the region fell 18.2 per cent to 59.2 per cent and RevPar dropped to $78.89. Occupancy rates fell the most in Oman and Muscat from 38.2 per cent to 35.4 per cent, followed by Riyadh at 31.5 percent then Saudi Arabia at 38.8 per cent. Randall said she expects the current declines in RevPar and occupancy rates in the Middle East region to be temporary, “because year-to-date the region still showed the least declines of all four regions.”