North Africa Hotel Performance Update

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North Africa’s destinations have been some of the hardest hit in terms of hotel occupancy since the beginning of the pandemic. The markets reliant on group business and international demand, especially European travelers, have faced daunting challenges while domestic demand has been the only avenue to push performance.

Excerpt from STR

North Africa’s destinations have been some of the hardest hit in terms of hotel occupancy since the beginning of the pandemic. The markets reliant on group business and international demand, especially European travelers, have faced daunting challenges while domestic demand has been the only avenue to push performance.

During the earliest days of COVID-19, occupancy in North Africa was as low as 9.6% in July 2020. Since then, hotel occupancy has been slowly increasing to a level as high as 35.8% in March 2021. Most recently, North Africa saw a 29.9% occupancy level in April 2021, the second highest in the region since February 2020. Egypt

While looking at key markets, Egypt’s 38.1% occupancy level was the highest in the region in April. Although slightly lower than March (41.1%), that occupancy level may have been helped by the Egypt and Russia agreement to resume flights after a five-year suspension between the two countries.

Reflecting the aforementioned dependence on international travel, Morocco posted the lowest April occupancy level (14.4%).

Click here to read complete article at STR.

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