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Saudi Arabia Leads Hospitality Recovery in Middle East, as per eRevMax Report

 

Saudi Arabia is showing the strongest recovery in Middle East, with advance hotel booking steadily rising, as per latest report by hotel connectivity expert eRevMax.

The company has been tracking reservation trends for its connected properties in the country since the beginning of the pandemic and has witnessed a sharp fall in April and May, which has since developed into a V-shape recovery starting in June.

Holding January of this year as constant and computing the percentage change across the following months, this report reflects the reservation trends, based on data processed by eRevMax for its client hotels worldwide.

Saudi Arabia has the second highest number of Covid-19 cases in the region. However, with patient recovery rate higher than the global average, the Kingdom has been easing restrictions since June.

 As per government reports, domestic tourism, which went into a freefall in April-May, went ahead by 18 percent in June, compared to last year, with hotel occupancy bouncing back to between 85 percent to 90 percent.

In August, the advance bookings exceeded pre-Covid level reaching 110 percent, for eRevMax partner hotels in Saudi Arabia.