Qatar's hospitality sector was seen in the pink of health on an annualised basis in July 2022 on higher rooms' yield, especially in two-and-one- star and standard hotel apartments, as visitor arrivals almost quadrupled, according to the official data.
The country's overall hospitality sector saw a 5.86% year-on-year increase in average revenue per available room to QR253 in July 2022 as the average room rate grew 14.5% to QR458, even as occupancy declined 5% to 55% in the review period, said the figures released by the Planning and Statistics Authority.
The hospitality sector witnessed overall gains in the room yield comes in the backdrop of increasing visitor arrivals owing to summer vacations. In July 2022, Qatar has seen a total 150,456 visitor arrivals with majority coming in from the Gulf Co-operation Council (GCC) countries.
The visitor arrivals from the GCC were 93,833 or 62% of the total, followed by other Asia (including Oceania) 22,844 or 15%, Europe 16,287 or 11%, Americas 8,723 or 6%, other Arab countries 6,994 or 5% and other African countries 1,775 or 1%.
A region-wise analysis showed that the visitor arrivals from the Americas grew almost 11-fold on a yearly basis in the review period, followed by other African countries (more than eight-fold), other Arab countries (about eight-fold), Europe (more than seven-fold), the GCC (more than six-fold) and other Asian countries- including Oceania (16.63% increase).
The properties that have been utilised as quarantine/Covid-19 response facilities have been removed from the full market data set from March 2020, PSA said.
The two-star and one-star category hotels' average revenue per available room soared 62.5% year-on-year to QR156 in July this year. The average room rate in two-star and one-star hotels shot up 29.85% on yearly basis to QR174 and occupancy by 18% to 90%.
The three-star hotels witnessed a 26.28% year-on-year surge in average revenue per available room to QR173 in July this year. The average room rate was seen rising 20.12% year-on-year to QR203 and the occupancy by 4% to 85%.
The average revenue per available room in the four-star hotel category rose 22.05% on an annualised basis to QR155 in July 2022. The average room rate in the four-star hotels was up 15.7% to QR258 and occupancy by 3% to 60% in the review period.
However, in the case of five-star hotels, the average revenue per available room declined 4.87% on annualised basis to QR332 in July this year although as the average room rate rose 2.62% to QR627 even as the occupancy was down 4% to 53%.
In the case of standard hotel apartments, the room yield zoomed 67.68% year-on-year to QR166 in July 2022. The average room rate shot up 24.71% year-on-year to QR212 and the occupancy by 20% to 78% in July 2022.
Nevertheless, the deluxe hotel apartments saw a marginal 0.56% year-on-year shrinkage in average revenue available per room to QR187 in July 2022. The average room rate in the deluxe hotel apartments was seen gaining 22.29% on an annualised basis to QR384 but the occupancy plummeted 11% to 49%.
The country's overall hospitality sector saw a 5.86% year-on-year increase in average revenue per available room to QR253 in July 2022 as the average room rate grew 14.5% to QR458, even as occupancy declined 5% to 55% in the review period, said the figures released by the Planning and Statistics Authority.
The hospitality sector witnessed overall gains in the room yield comes in the backdrop of increasing visitor arrivals owing to summer vacations. In July 2022, Qatar has seen a total 150,456 visitor arrivals with majority coming in from the Gulf Co-operation Council (GCC) countries.
The visitor arrivals from the GCC were 93,833 or 62% of the total, followed by other Asia (including Oceania) 22,844 or 15%, Europe 16,287 or 11%, Americas 8,723 or 6%, other Arab countries 6,994 or 5% and other African countries 1,775 or 1%.
A region-wise analysis showed that the visitor arrivals from the Americas grew almost 11-fold on a yearly basis in the review period, followed by other African countries (more than eight-fold), other Arab countries (about eight-fold), Europe (more than seven-fold), the GCC (more than six-fold) and other Asian countries- including Oceania (16.63% increase).
The properties that have been utilised as quarantine/Covid-19 response facilities have been removed from the full market data set from March 2020, PSA said.
The two-star and one-star category hotels' average revenue per available room soared 62.5% year-on-year to QR156 in July this year. The average room rate in two-star and one-star hotels shot up 29.85% on yearly basis to QR174 and occupancy by 18% to 90%.
The three-star hotels witnessed a 26.28% year-on-year surge in average revenue per available room to QR173 in July this year. The average room rate was seen rising 20.12% year-on-year to QR203 and the occupancy by 4% to 85%.
The average revenue per available room in the four-star hotel category rose 22.05% on an annualised basis to QR155 in July 2022. The average room rate in the four-star hotels was up 15.7% to QR258 and occupancy by 3% to 60% in the review period.
However, in the case of five-star hotels, the average revenue per available room declined 4.87% on annualised basis to QR332 in July this year although as the average room rate rose 2.62% to QR627 even as the occupancy was down 4% to 53%.
In the case of standard hotel apartments, the room yield zoomed 67.68% year-on-year to QR166 in July 2022. The average room rate shot up 24.71% year-on-year to QR212 and the occupancy by 20% to 78% in July 2022.
Nevertheless, the deluxe hotel apartments saw a marginal 0.56% year-on-year shrinkage in average revenue available per room to QR187 in July 2022. The average room rate in the deluxe hotel apartments was seen gaining 22.29% on an annualised basis to QR384 but the occupancy plummeted 11% to 49%.
