MENA Hotel performance in 2018 Jan

Africa's hotels saw success across three performance metrics in January 2018 while hotels in the Middle East showed mixed performance results.

STR data reported that Africa's occupancy rates rose 5.7 percent to 53.4 percent in January while ADR grew 2.6 percent to $126.55. RevPAR rose 8.4 percent to $67.54 in response.

Hotels in Morocco recorded the first RevPAR boost for a January since 2014 due to the rise in visitor numbers during the FIA Formula E Championship race in Marrakech and the Marrakech Marathon. The country's hotels saw occupancy grow 16.3 percent to 54.1 percent while ADR increased 28.5 percent to MAD129.16. RevPAR also jumped 49.5 percent to MAD69.90 last month.