Middle East hotels record encouraging May figures

Hotel benchmarking firm HotStats has reported that May's hotel revenue per available room (RevPAR) has increased 222% year-on-year in the Middle East.

A HotStats representative said: "The Middle East is riding a nice rebound on the back of higher rates and rising occupancy. RevPAR in the month was recorded at $77, a 222% increase over the prior year, helping lead to total revenue per available room (TRevPAR) of $121 – a 228% increase over the same time a year ago."

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The steep spike in revenue is partly due to the hospitality industry coming close to a standstill during the height of the pandemic in May 2020.

Outside of the Middle East, only the US saw a superior RevPAR increase of 539%.

For more information, visit www.hotstats.com