Despite Occupancy Decline Jeddah Hotels Report 10.1 Percent RevPAR Increase for October 2017

Preliminary October 2017 data for Jeddah, Saudi Arabia, shows hotels in the market saw occupancy decline 3% to 50.4%, but a 13.5% ADR increase to 871.40 Saudi Arabian riyals ($232.31) pushed RevPAR up 10.1% to 439.60 Saudi Arabian riyals ($117.19).