Hotel apartments in Qatar saw improved rooms' yield on an annualised basis in June 2023, even as revenue per available room in the country’s overall hospitality sector was on the decline, according to official statistics.
During the period in review, the occupancy increased in deluxe hotel apartments; while it fell in star hotels and standard hotel apartments, according to the figures released by the Planning and Statistics Authority.
The deluxe hotel apartments registered a 4.4% year-on-year increase in average revenue available per room to QR190 this June with occupancy jumping 11% to 58%, even as the average room rate in the category was seen dipping 14.55% on an annualised basis to QR329 in the review period.
However, Qatar's overall hospitality sector saw a 20.5% year-on-year plunge in average revenue per available room to QR221 in June 2023 as the average room rate declined 14.56% to QR405 and occupancy by 4% to 55% in the review period.
The lower rooms’ yield comes amidst a 93.6% year-on-year increase in visitor arrivals to 281,994. On a monthly basis, the total visitor arrivals, was down 1.1% in June 2023.
The visitor arrivals from the Gulf Co-operation Council or GCC were 118,597 or 42% of the total, followed by other Asia (including Oceania) 78,045 (28%), Europe 35,415 (13%), other Arab countries 26,261 (9%), Americas 18,034 (6%), and other African countries 5,642 (2%) in the review period.
On an annualised basis, the visitor arrivals from other Arab countries zoomed 159.1%, other African countries by 135.2%, other Asia (including Oceania) by 131%, GCC by 98.9%, Europe by 44.5% and Americas by 18.7% in June 2023.
On a month-on-month basis, the visitor arrivals from the GCC declined 13.6%, Americas by 5%, other Asia (including Oceania) by 4.6% and other Arab countries by 0.1%; whereas there was a 27% jump in those coming from Europe and 9% in other African countries in the review period.
In the case of five-star hotels, the average revenue per available room decreased 24.29% to QR293 in June 2023 as the average room rate fell 6.22% to QR603 and the occupancy by 11% to 49%.
The average revenue per available room in the four-star hotels plummeted 19.74% on a yearly basis to QR122 in June 2023 as the occupancy plunged 6% to 43% and the average room rate by 10.63% to QR227.
The three-star hotels saw a 20.73% year-on-year contraction in average revenue per available room to QR130 as the average room rate shrank 13.43% to QR174 and the occupancy by 7% to 75% in the review period.
The two-star and one-star hotels' average revenue per available room tanked 19.53% year-on-year to QR136 this June as the occupancy plummeted by 6% to 89% and the average room rate by 14.04% to QR153 at the end of June this year.
In the case of standard hotel apartments, the room yield improved by 3.11% year-on-year to QR166 in June 2023 as the average room rate rose 5.8% to QR219 despite 2% lower occupancy at 76%.