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Hotel, apartment occupancy rate reaches 85%

Hotel, apartment occupancy rate reaches 85%

The Peninsula
Sunday, April 07, 2024 06:34:17 AM UTC

Doha, Qatar: The hospitality sector in the country is showing strong performance with a total of 39,371 keys available, translating to 939,988 room ni...

Doha, Qatar: The hospitality sector in the country is showing strong performance with a total of 39,371 keys available, translating to 939,988 room nights and an occupancy rate of 85%. The range of accommodations includes 1 to 5-star hotels, deluxe apartments, and standard apartments.

According to recent data from Qatar Tourism, February saw a slight decrease in room nights compared to January, dropping from 1,022,471 to 939,988. However, the occupancy rate rose by 1% from January’s 84% to February’s 85%.

Additionally, the average daily rate experienced an uptick from QR498 in January to QR531 in February. Notably, the revenue per available room also saw a positive increase, climbing from QR418 in January to QR453 in February.

Qatar Tourism’s data further revealed that among the top 10 source markets by arrivals are: Saudi Arabia with 397,000 arrivals, accounting for 31%; India with 71,000 or 5%; Bahrain, 68,000 or 5%; Oman, 61,000 or 5%; Kuwait, 59,000 or 5%; Germany, 54,000 or 4%; the United Kingdom, 40,000 or 3%; the United Arab Emirates, 38,000 or 3%; USA, 33,000 arrivals or 3%, and Italy, 32,000 or 2%.

February witnessed a remarkable surge of 53% in international visitors compared to the same period last year, solidifying Qatar’s reputation as a burgeoning global tourism destination. The month welcomed 596,000 international visitors, a substantial rise from the 389,000 arrivals recorded in February 2023, showcasing consistent growth since 2022.

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