Riyadh’s hotel industry reported mixed performance in September when compared to its past months. It experienced an occupancy of 59% along with a RevPAR of SAR307.46. For the sake of comparison, its pre-pandemic figures in 2019 for the same month of September were as follows: 62.1% occupancy and SAR343.47 RevPAR. So it is not too far behind the 2019 levels for this time of the year.
Berlin’s hotel industry recorded its second-best occupancy and highest room rates of the pandemic-era. The occupancy rate was 61.3% and RevPAR was EUR58.20. RevPAR was the highest since February 2020. Even though the industry is seeing overall improvement, its performance still lies very much behind the pre-pandemic levels of September 2019 where occupancy rate was an impressive 88.6% and RevPAR was around EUR111.22, so there is still a long way to go for Berlin’s hospitality sector to reach pre-pandemic levels.
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