Central/South America: Slight improvement
The Central/South America hotel industry reported slight performance improvement over the previous month but at overall low levels, according to September data from STR.
U.S. constant currency, September (percentage change from September 2019):
Occupancy: 24.9% (-58.1%)
ADR: US$58.94 (-26.7%)
RevPAR: US$14.67 (-69.3%)
The absolute occupancy and RevPAR levels were the highest in the region since March but still the lowest for any September in STR’s Central/South America database. ADR also came in lower than any other September on record in the whole of the region.
Local currency, September (percentage change from September 2019):
Brazil
Occupancy: 26.1% (-57.5%)
ADR: BRL243.11 (US$43) (-17.1%)
RevPAR: BRL63.34 (US$11) (-64.7%)
Across the board, Brazil’s KPIs reached their highest absolute level since March.
Colombia
Occupancy: 13.0% (-79.3%)
ADR: COP202,815.26 (US$54) (-23.0%)
RevPAR: COP26,291.91 (US$7) (-84.0%)
Each of the three key performance metrics were the highest for any month in Colombia since March. Showing the magnitude of the pandemic impact, Colombia had reported five consecutive months of single-digit occupancy prior to September.
Middle East and Africa: Some improvements
Hotels in both the Middle East and Africa showed continued occupancy improvements but at overall low levels, according to September data from STR.
U.S. constant currency, September (percentage change from September 2019):
Middle East
Occupancy: 43.3% (-30.8%)
ADR: US$98.54 (-13.5%)
RevPAR: US$42.64 (-40.1%)
Africa
Occupancy: 25.6% (-61.2%)
ADR: US$99.99 (+2.7%)
RevPAR: US$25.57 (-60.2%)
Despite month-over-month improvements, both the Middle East and Africa saw their lowest absolute occupancy and RevPAR levels for any September on record.
Local currency, September (percentage change from September 2019):
South Africa
Occupancy: 27.4% (-59.6%)
ADR: ZAR982.48 (-17.5%)
RevPAR: ZAR268.75 (-66.7%)
Each of the three key performance metrics were the highest for any month in South Africa since March.
Saudi Arabia
Occupancy: 34.4% (-32.5%)
ADR: SAR508.80 (US$60) (-12.7%)
RevPAR: SAR174.78 (US$11) (-41.0%)
Saudi Arabia’s key performance metrics were slightly lower than August when summer staycations and domestic demand following Eid al-Adha provided a small boost.
Europe: Performance decreases
Reflecting a post-summer lag in demand, Europe’s hotel industry reported slight performance decreases from the prior month, according to September data from STR.
Euro constant currency, September (percentage change from September 2019):
Occupancy: 38.9% (-51.7%)
ADR: €90.78 (US$107) (-27.2%)
RevPAR: €35.31 (US$42) (-64.8%)
Each of the three key performance metrics were down from August, and the occupancy level was the lowest for any September on record in Europe. When looking at the most recent weekly data through October 17, occupancy had retreated further to 32.7% amid new COVID-19 lockdowns around the continent.
Local currency, September (percentage change from September 2019):
Ireland
Occupancy: 37.0% (-58.4%)
ADR: €102.59 (US$121) (-29.5%)
RevPAR: €38 (US$45) (-70.7%)
Each of the three key performance metrics were down from August but came in higher than most of the other pandemic-affected months.
Poland
Occupancy: 37.7% (-52.4%)
ADR: PLN257.34 (US$67) (-22.2%)
RevPAR: PLN97.02 (US$25) (-63.0%)
Each of the three key performance metrics were down from August. ADR was the lowest in Poland since May.