Date Created: Feb 17, 2022

Middle East/Africa Hotel Review

Industry Performance for the Month of January 2022

Table Of Contents 1

Global Performance (US Dollars) 2

Global Performance (Euros) 3
Country and Market Performance (Local Currency) 4
Country and Market Performance (US Dollars) 5
Country and Market Performance (Euros) 6
Market Performance Graphs 7
World Regions 8
Global Performance (US Dollars) - Standard Data 2019 Comparison 9
Global Performance (Euros) - Standard Data 2019 Comparison 10
Country and Market Performance (Local Currency) - Standard Data 2019 Comparison 11
Country and Market Performance (US Dollars) - Standard Data 2019 Comparison 12
Country and Market Performance (Euros) - Standard Data 2019 Comparison 13
Market Perf Graphs - 2019 Comp 14
Help 15

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2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report
is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without
written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR
Global, Ltd. trading as "STR".
Global Performance (Data in US Dollars)
For the Month of: January 2022

January 2022 vs January 2021 Year to Date - January 2022 vs January 2021 Participation
Occ % ADR RevPAR Percent Change from January Occ % ADR RevPAR Percent Change from YTD
Properties Rooms
2021 2021
2022 2021 2022 2021 2022 2021 Occ. ADR RevPAR 2022 2021 2022 2021 2022 2021 Occ. ADR RevPAR Census Sample Census Sample
Asia Pacific 43.0 39.2 87.02 76.94 37.38 30.18 9.5 13.1 23.8 43.0 39.2 87.02 76.94 37.38 30.18 9.5 13.1 23.8 50,766 16,141 6,128,746 2,559,222
Central & South Asia 38.4 43.6 163.96 116.21 63.02 50.68 -11.9 41.1 24.3 38.4 43.6 163.96 116.21 63.02 50.68 -11.9 41.1 24.3 6,224 2,080 389,623 195,306
Northeastern Asia 42.5 40.0 71.85 64.36 30.51 25.76 6.1 11.6 18.5 42.5 40.0 71.85 64.36 30.51 25.76 6.1 11.6 18.5 26,936 9,827 4,211,392 1,749,752
Southeastern Asia 43.7 29.9 73.03 60.84 31.88 18.21 45.8 20.0 75.1 43.7 29.9 73.03 60.84 31.88 18.21 45.8 20.0 75.1 9,711 2,164 1,127,793 401,131
Australia & Oceania 49.8 47.7 161.96 150.39 80.58 71.68 4.4 7.7 12.4 49.8 47.7 161.96 150.39 80.58 71.68 4.4 7.7 12.4 7,895 2,070 399,938 213,033

Americas 47.1 37.5 124.28 91.85 58.59 34.46 25.6 35.3 70.0 47.1 37.5 124.28 91.85 58.59 34.46 25.6 35.3 70.0 80,431 41,592 7,229,994 4,914,255
North America 47.0 37.9 123.49 91.27 57.98 34.56 24.0 35.3 67.8 47.0 37.9 123.49 91.27 57.98 34.56 24.0 35.3 67.8 70,842 39,622 6,358,947 4,605,512
Caribbean 52.5 23.6 288.14 251.11 151.35 59.31 122.4 14.7 155.2 52.5 23.6 288.14 251.11 151.35 59.31 122.4 14.7 155.2 1,997 286 257,899 69,501
Central America 49.0 27.3 156.97 120.62 76.99 32.91 79.8 30.1 134.0 49.0 27.3 156.97 120.62 76.99 32.91 79.8 30.1 134.0 1,073 159 62,426 23,113
South America 50.5 33.8 86.22 70.84 43.53 23.98 49.2 21.7 81.6 50.5 33.8 86.22 70.84 43.53 23.98 49.2 21.7 81.6 6,519 1,525 550,722 216,129

Europe 35.0 20.2 104.59 84.07 36.65 16.99 73.4 24.4 115.7 35.0 20.2 104.59 84.07 36.65 16.99 73.4 24.4 115.7 78,481 13,320 5,279,068 1,707,590
Eastern Europe 36.1 26.2 80.64 71.79 29.14 18.77 38.2 12.3 55.2 36.1 26.2 80.64 71.79 29.14 18.77 38.2 12.3 55.2 6,893 987 578,906 172,862
Northern Europe 42.8 21.6 98.42 71.51 42.10 15.45 97.9 37.6 172.4 42.8 21.6 98.42 71.51 42.10 15.45 97.9 37.6 172.4 19,503 4,725 1,078,009 546,086
Southern Europe 34.7 20.1 104.91 81.49 36.35 16.40 72.2 28.7 121.7 34.7 20.1 104.91 81.49 36.35 16.40 72.2 28.7 121.7 23,884 2,542 1,902,850 356,561
Western Europe 28.3 17.3 120.80 104.16 34.16 18.06 63.1 16.0 89.2 28.3 17.3 120.80 104.16 34.16 18.06 63.1 16.0 89.2 28,201 5,066 1,719,303 632,081

Middle East / Africa 52.5 42.6 160.34 126.90 84.24 54.11 23.2 26.4 55.7 52.5 42.6 160.34 126.90 84.24 54.11 23.2 26.4 55.7 7,919 1,897 1,005,636 413,963
Middle East 59.0 51.8 173.07 133.92 102.19 69.34 14.0 29.2 47.4 59.0 51.8 173.07 133.92 102.19 69.34 14.0 29.2 47.4 3,022 1,130 448,075 276,922
Northern Africa 38.2 23.7 96.12 84.41 36.74 19.97 61.6 13.9 84.0 38.2 23.7 96.12 84.41 36.74 19.97 61.6 13.9 84.0 1,663 246 320,254 66,412
Southern Africa 40.5 24.9 144.53 108.53 58.50 27.08 62.2 33.2 116.0 40.5 24.9 144.53 108.53 58.50 27.08 62.2 33.2 116.0 3,234 521 237,307 70,629

Markets
Beijing 43.3 31.3 80.01 69.54 34.62 21.74 38.4 15.1 59.3 43.3 31.3 80.01 69.54 34.62 21.74 38.4 15.1 59.3 2,174 722 309,707 108,404
Berlin 27.4 11.7 84.62 76.94 23.20 8.97 135.1 10.0 158.6 27.4 11.7 84.62 76.94 23.20 8.97 135.1 10.0 158.6 672 252 72,335 49,975
Buenos Aires 29.8 14.7 114.92 65.76 34.20 9.67 102.4 74.7 253.7 29.8 14.7 114.92 65.76 34.20 9.67 102.4 74.7 253.7 241 55 20,531 7,790
Dubai 70.7 65.6 231.40 159.30 163.61 104.42 7.9 45.3 56.7 70.7 65.6 231.40 159.30 163.61 104.42 7.9 45.3 56.7 674 368 138,005 103,516
Hong Kong 49.3 44.8 99.57 89.68 49.10 40.17 10.1 11.0 22.2 49.3 44.8 99.57 89.68 49.10 40.17 10.1 11.0 22.2 243 129 73,918 50,088
London 38.6 19.7 148.39 83.88 57.21 16.53 95.6 76.9 246.1 38.6 19.7 148.39 83.88 57.21 16.53 95.6 76.9 246.1 1,564 707 142,258 106,931
Los Angeles, CA 55.6 41.9 167.50 109.94 93.17 46.05 32.8 52.4 102.3 55.6 41.9 167.50 109.94 93.17 46.05 32.8 52.4 102.3 1,287 548 112,658 84,656
Madrid 38.0 23.7 113.24 83.31 42.98 19.71 60.4 35.9 118.0 38.0 23.7 113.24 83.31 42.98 19.71 60.4 35.9 118.0 524 229 53,298 32,672
New York 41.7 37.5 172.64 121.98 71.93 45.80 11.0 41.5 57.1 41.7 37.5 172.64 121.98 71.93 45.80 11.0 41.5 57.1 712 452 120,205 99,885
Paris 35.4 22.7 233.04 160.03 82.44 36.25 56.1 45.6 127.4 35.4 22.7 233.04 160.03 82.44 36.25 56.1 45.6 127.4 1,195 351 73,557 30,292
Rome 23.6 11.3 139.65 113.57 33.01 12.79 109.9 23.0 158.2 23.6 11.3 139.65 113.57 33.01 12.79 109.9 23.0 158.2 546 117 41,058 15,718
Sydney 37.5 29.9 156.41 145.95 58.64 43.68 25.3 7.2 34.3 37.5 29.9 156.41 145.95 58.64 43.68 25.3 7.2 34.3 404 249 44,866 37,981
Tokyo 42.9 22.9 101.52 112.59 43.58 25.77 87.5 -9.8 69.1 42.9 22.9 101.52 112.59 43.58 25.77 87.5 -9.8 69.1 750 268 148,204 65,634
Toronto 33.7 22.0 100.39 78.72 33.82 17.29 53.4 27.5 95.6 33.7 22.0 100.39 78.72 33.82 17.29 53.4 27.5 95.6 194 135 33,970 30,526

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report,
in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Global Performance (Data in Euros)
For the Month of: January 2022

January 2022 vs January 2021 Year to Date - January 2022 vs January 2021 Participation
Occ % ADR RevPAR Percent Change from January Occ % ADR RevPAR Percent Change from YTD
Properties Rooms
2021 2021
2022 2021 2022 2021 2022 2021 Occ. ADR RevPAR 2022 2021 2022 2021 2022 2021 Occ. ADR RevPAR Census Sample Census Sample
Asia Pacific 43.0 39.2 78.03 63.38 33.52 24.86 9.5 23.1 34.8 43.0 39.2 78.03 63.38 33.52 24.86 9.5 23.1 34.8 50,766 16,141 6,128,746 2,559,222
Central & South Asia 38.4 43.6 147.03 95.73 56.52 41.75 -11.9 53.6 35.4 38.4 43.6 147.03 95.73 56.52 41.75 -11.9 53.6 35.4 6,224 2,080 389,623 195,306
Northeastern Asia 42.5 40.0 64.43 53.02 27.36 21.22 6.1 21.5 28.9 42.5 40.0 64.43 53.02 27.36 21.22 6.1 21.5 28.9 26,936 9,827 4,211,392 1,749,752
Southeastern Asia 43.7 29.9 65.49 50.12 28.59 15.00 45.8 30.7 90.6 43.7 29.9 65.49 50.12 28.59 15.00 45.8 30.7 90.6 9,711 2,164 1,127,793 401,131
Australia & Oceania 49.8 47.7 145.24 123.89 72.26 59.05 4.4 17.2 22.4 49.8 47.7 145.24 123.89 72.26 59.05 4.4 17.2 22.4 7,895 2,070 399,938 213,033

Americas 47.1 37.5 111.45 75.66 52.54 28.39 25.6 47.3 85.1 47.1 37.5 111.45 75.66 52.54 28.39 25.6 47.3 85.1 80,431 41,592 7,229,994 4,914,255
North America 47.0 37.9 110.74 75.18 51.99 28.47 24.0 47.3 82.7 47.0 37.9 110.74 75.18 51.99 28.47 24.0 47.3 82.7 70,842 39,622 6,358,947 4,605,512
Caribbean 52.5 23.6 258.39 206.87 135.72 48.86 122.4 24.9 177.8 52.5 23.6 258.39 206.87 135.72 48.86 122.4 24.9 177.8 1,997 286 257,899 69,501
Central America 49.0 27.3 140.76 99.37 69.04 27.11 79.8 41.7 154.7 49.0 27.3 140.76 99.37 69.04 27.11 79.8 41.7 154.7 1,073 159 62,426 23,113
South America 50.5 33.8 77.32 58.36 39.04 19.75 49.2 32.5 97.6 50.5 33.8 77.32 58.36 39.04 19.75 49.2 32.5 97.6 6,519 1,525 550,722 216,129

Europe 35.0 20.2 93.79 69.26 32.86 13.99 73.4 35.4 134.9 35.0 20.2 93.79 69.26 32.86 13.99 73.4 35.4 134.9 78,481 13,320 5,279,068 1,707,590
Eastern Europe 36.1 26.2 72.31 59.14 26.13 15.46 38.2 22.3 68.9 36.1 26.2 72.31 59.14 26.13 15.46 38.2 22.3 68.9 6,893 987 578,906 172,862
Northern Europe 42.8 21.6 88.26 58.91 37.75 12.73 97.9 49.8 196.5 42.8 21.6 88.26 58.91 37.75 12.73 97.9 49.8 196.5 19,503 4,725 1,078,009 546,086
Southern Europe 34.7 20.1 94.07 67.13 32.60 13.51 72.2 40.1 141.3 34.7 20.1 94.07 67.13 32.60 13.51 72.2 40.1 141.3 23,884 2,542 1,902,850 356,561
Western Europe 28.3 17.3 108.32 85.80 30.63 14.88 63.1 26.2 105.9 28.3 17.3 108.32 85.80 30.63 14.88 63.1 26.2 105.9 28,201 5,066 1,719,303 632,081

Middle East / Africa 52.5 42.6 143.78 104.54 75.54 44.57 23.2 37.5 69.5 52.5 42.6 143.78 104.54 75.54 44.57 23.2 37.5 69.5 7,919 1,897 1,005,636 413,963
Middle East 59.0 51.8 155.20 110.32 91.64 57.13 14.0 40.7 60.4 59.0 51.8 155.20 110.32 91.64 57.13 14.0 40.7 60.4 3,022 1,130 448,075 276,922
Northern Africa 38.2 23.7 86.20 69.54 32.95 16.45 61.6 24.0 100.2 38.2 23.7 86.20 69.54 32.95 16.45 61.6 24.0 100.2 1,663 246 320,254 66,412
Southern Africa 40.5 24.9 129.60 89.41 52.46 22.31 62.2 45.0 135.2 40.5 24.9 129.60 89.41 52.46 22.31 62.2 45.0 135.2 3,234 521 237,307 70,629

Markets
Beijing 43.3 31.3 71.75 57.28 31.05 17.91 38.4 25.2 73.4 43.3 31.3 71.75 57.28 31.05 17.91 38.4 25.2 73.4 2,174 722 309,707 108,404
Berlin 27.4 11.7 75.88 63.39 20.80 7.39 135.1 19.7 181.4 27.4 11.7 75.88 63.39 20.80 7.39 135.1 19.7 181.4 672 252 72,335 49,975
Buenos Aires 29.8 14.7 103.06 54.18 30.67 7.96 102.4 90.2 285.0 29.8 14.7 103.06 54.18 30.67 7.96 102.4 90.2 285.0 241 55 20,531 7,790
Dubai 70.7 65.6 207.50 131.23 146.72 86.02 7.9 58.1 70.6 70.7 65.6 207.50 131.23 146.72 86.02 7.9 58.1 70.6 674 368 138,005 103,516
Hong Kong 49.3 44.8 89.29 73.88 44.03 33.09 10.1 20.9 33.0 49.3 44.8 89.29 73.88 44.03 33.09 10.1 20.9 33.0 243 129 73,918 50,088
London 38.6 19.7 133.07 69.10 51.30 13.62 95.6 92.6 276.7 38.6 19.7 133.07 69.10 51.30 13.62 95.6 92.6 276.7 1,564 707 142,258 106,931
Los Angeles, CA 55.6 41.9 150.21 90.57 83.55 37.94 32.8 65.8 120.2 55.6 41.9 150.21 90.57 83.55 37.94 32.8 65.8 120.2 1,287 548 112,658 84,656
Madrid 38.0 23.7 101.54 68.63 38.54 16.24 60.4 48.0 137.4 38.0 23.7 101.54 68.63 38.54 16.24 60.4 48.0 137.4 524 229 53,298 32,672
New York 41.7 37.5 154.81 100.48 64.51 37.73 11.0 54.1 71.0 41.7 37.5 154.81 100.48 64.51 37.73 11.0 54.1 71.0 712 452 120,205 99,885
Paris 35.4 22.7 208.98 131.83 73.92 29.87 56.1 58.5 147.5 35.4 22.7 208.98 131.83 73.92 29.87 56.1 58.5 147.5 1,195 351 73,557 30,292
Rome 23.6 11.3 125.23 93.55 29.60 10.53 109.9 33.9 181.0 23.6 11.3 125.23 93.55 29.60 10.53 109.9 33.9 181.0 546 117 41,058 15,718
Sydney 37.5 29.9 140.26 120.23 52.59 35.98 25.3 16.7 46.1 37.5 29.9 140.26 120.23 52.59 35.98 25.3 16.7 46.1 404 249 44,866 37,981
Tokyo 42.9 22.9 91.04 92.75 39.08 21.23 87.5 -1.8 84.1 42.9 22.9 91.04 92.75 39.08 21.23 87.5 -1.8 84.1 750 268 148,204 65,634
Toronto 33.7 22.0 90.03 64.85 30.33 14.24 53.4 38.8 113.0 33.7 22.0 90.03 64.85 30.33 14.24 53.4 38.8 113.0 194 135 33,970 30,526

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report,
in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (Data in Local Currency)
For the Month of: January 2022

January 2022 vs January 2021 January 2022 Year to Date - January 2022 vs January 2021 Participation
Percent Change from Exchange Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2021 Currency Rate to 2021
Countries 2022 2021 2022 2021 2022 2021 Occ ADR RevPAR ISO Code USD 2022 2021 2022 2021 2022 2021 Occ ADR RevPAR Census Sample Census Sample
Algeria 25.1 21.6 13544.39 12031.52 3400.80 2600.34 16.2 12.6 30.8 DZD 140.0219 25.1 21.6 13544.39 12031.52 3400.80 2600.34 16.2 12.6 30.8 88 21 10,492 4,539
Bahrain 35.4 27.0 57.12 44.91 20.24 12.11 31.4 27.2 67.2 BHD 0.376 35.4 27.0 57.12 44.91 20.24 12.11 31.4 27.2 67.2 157 51 17,602 8,461
Egypt 52.4 26.3 1520.72 1074.03 796.43 282.44 99.2 41.6 182.0 EGP 15.70891 52.4 26.3 1520.72 1074.03 796.43 282.44 99.2 41.6 182.0 636 100 168,481 38,028
Jordan 25.2 14.1 93.54 76.91 23.53 10.81 78.9 21.6 117.6 JOD 0.7065 25.2 14.1 93.54 76.91 23.53 10.81 78.9 21.6 117.6 209 36 19,820 9,255
Kenya 31.6 23.1 10300.47 9142.66 3252.87 2108.77 36.9 12.7 54.3 KES 112.0916 31.6 23.1 10300.47 9142.66 3252.87 2108.77 36.9 12.7 54.3 251 29 21,259 4,314
Kuwait 26.3 25.5 63.08 58.62 16.58 14.96 3.0 7.6 10.8 KWD 0.30255 26.3 25.5 63.08 58.62 16.58 14.96 3.0 7.6 10.8 59 26 8,452 5,642
Lebanon 34.3 28.2 654343.84 427145.35 224538.08 120492.34 21.6 53.2 86.4 LBP 1473.981 34.3 28.2 654343.84 427145.35 224538.08 120492.34 21.6 53.2 86.4 85 19 7,846 2,807
Mauritius 46.8 20.1 17162.87 4519.24 8038.77 906.40 133.5 279.8 786.9 MUR 41.787 46.8 20.1 17162.87 4519.24 8038.77 906.40 133.5 279.8 786.9 104 26 13,716 3,905
Morocco 12.8 18.6 935.28 867.75 119.79 161.73 -31.3 7.8 -25.9 MAD 9.10919 12.8 18.6 935.28 867.75 119.79 161.73 -31.3 7.8 -25.9 514 89 56,936 15,439
Namibia 22.8 26.4 892.75 904.66 203.88 238.86 -13.5 -1.3 -14.6 NAD 15.63 22.8 26.4 892.75 904.66 203.88 238.86 -13.5 -1.3 -14.6 63 10 3,080 1,031
Nigeria 57.3 41.4 57523.04 49272.49 32981.03 20422.64 38.3 16.7 61.5 NGN 415.16 57.3 41.4 57523.04 49272.49 32981.03 20422.64 38.3 16.7 61.5 128 25 14,590 4,282
Oman 40.7 25.7 54.22 31.13 22.05 8.01 58.0 74.2 175.2 OMR 0.3835094 40.7 25.7 54.22 31.13 22.05 8.01 58.0 74.2 175.2 241 68 20,521 10,693
Qatar 57.8 59.7 374.29 325.09 216.48 194.24 -3.2 15.1 11.4 QAR 3.64 57.8 59.7 374.29 325.09 216.48 194.24 -3.2 15.1 11.4 138 137 29,465 29,442
Saudi Arabia 49.5 40.2 488.60 528.41 241.68 212.56 23.0 -7.5 13.7 SAR 3.7514 49.5 40.2 488.60 528.41 241.68 212.56 23.0 -7.5 13.7 990 251 129,786 64,491
South Africa 40.4 20.7 1338.47 1123.59 540.25 232.05 95.4 19.1 132.8 ZAR 15.57555 40.4 20.7 1338.47 1123.59 540.25 232.05 95.4 19.1 132.8 1,122 260 82,067 32,633
Tanzania 37.5 34.4 334168.52 341372.75 125372.16 117576.80 8.9 -2.1 6.6 TZS 2262.839 37.5 34.4 334168.52 341372.75 125372.16 117576.80 8.9 -2.1 6.6 169 25 9,209 2,349
Tunisia 24.6 18.0 175.14 368.98 43.06 66.47 36.5 -52.5 -35.2 TND 2.9005 24.6 18.0 175.14 368.98 43.06 66.47 36.5 -52.5 -35.2 379 26 78,217 6,483
United Arab Emirates 70.3 62.8 728.27 515.58 511.64 323.72 11.9 41.3 58.0 AED 3.67265 70.3 62.8 728.27 515.58 511.64 323.72 11.9 41.3 58.0 1,028 534 196,761 144,389
Zambia 19.8 15.2 1482.30 1459.61 293.08 222.43 29.7 1.6 31.8 ZMW 17.95433 19.8 15.2 1482.30 1459.61 293.08 222.43 29.7 1.6 31.8 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 58.4 388.27 301.24 280.06 175.83 23.6 28.9 59.3 AED 3.67265 72.1 58.4 388.27 301.24 280.06 175.83 23.6 28.9 59.3 138 90 30,392 25,326
Amman 32.1 14.0 97.57 79.73 31.35 11.17 129.3 22.4 180.6 JOD 0.7065 32.1 14.0 97.57 79.73 31.35 11.17 129.3 22.4 180.6 157 17 12,857 4,746
Beirut 36.2 29.9 662792.09 402227.79 239668.18 120173.59 21.0 64.8 99.4 LBP 1473.981 36.2 29.9 662792.09 402227.79 239668.18 120173.59 21.0 64.8 99.4 56 17 5,350 2,437
Cairo & Giza 60.9 30.0 1805.90 1181.85 1099.13 354.26 103.0 52.8 210.3 EGP 15.70891 60.9 30.0 1805.90 1181.85 1099.13 354.26 103.0 52.8 210.3 106 44 24,903 16,008
Cape Town Centre 49.0 19.6 1847.56 1346.81 905.00 264.36 149.6 37.2 242.3 ZAR 15.57555 49.0 19.6 1847.56 1346.81 905.00 264.36 149.6 37.2 242.3 135 48 12,702 6,191
Casablanca 8.8 18.8 672.90 665.92 59.01 125.20 -53.4 1.0 -52.9 MAD 9.10919 8.8 18.8 672.90 665.92 59.01 125.20 -53.4 1.0 -52.9 78 24 8,420 3,946
Dar Es Salaam 32.7 24.2 201267.53 191491.88 65878.52 46292.37 35.4 5.1 42.3 TZS 2262.839 32.7 24.2 201267.53 191491.88 65878.52 46292.37 35.4 5.1 42.3 28 14 2,567 1,436
Doha Centre 67.4 66.8 310.55 263.11 209.25 175.82 0.8 18.0 19.0 QAR 3.64 67.4 66.8 310.55 263.11 209.25 175.82 0.8 18.0 19.0 77 76 11,937 11,914
Dubai 70.7 65.6 849.83 584.96 600.90 383.46 7.9 45.3 56.7 AED 3.67265 70.7 65.6 849.83 584.96 600.90 383.46 7.9 45.3 56.7 674 368 138,005 103,516
Jeddah 46.3 54.9 566.99 696.58 262.69 382.45 -15.6 -18.6 -31.3 SAR 3.7514 46.3 54.9 566.99 696.58 262.69 382.45 -15.6 -18.6 -31.3 90 47 12,611 8,503
Johannesburg Area 17.3 10.9 1032.34 984.22 178.40 107.35 58.4 4.9 66.2 ZAR 15.57555 17.3 10.9 1032.34 984.22 178.40 107.35 58.4 4.9 66.2 70 12 5,235 1,552
Lagos Area 60.0 45.2 56816.35 44908.15 34073.76 20300.12 32.7 26.5 67.9 NGN 415.16 60.0 45.2 56816.35 44908.15 34073.76 20300.12 32.7 26.5 67.9 48 15 6,028 2,346
Manama 35.9 27.2 56.29 44.05 20.21 12.00 31.8 27.8 68.5 BHD 0.376 35.9 27.2 56.29 44.05 20.21 12.00 31.8 27.8 68.5 149 48 16,865 8,076
Muscat 42.7 24.5 47.63 29.13 20.33 7.14 74.1 63.5 184.6 OMR 0.3835094 42.7 24.5 47.63 29.13 20.33 7.14 74.1 63.5 184.6 116 40 11,569 7,273
Nairobi 31.3 23.0 10440.66 9147.62 3272.45 2108.45 36.0 14.1 55.2 KES 112.0916 31.3 23.0 10440.66 9147.62 3272.45 2108.45 36.0 14.1 55.2 75 25 8,164 4,105
Riyadh 71.1 55.3 653.50 579.04 464.50 320.17 28.6 12.9 45.1 SAR 3.7514 71.1 55.3 653.50 579.04 464.50 320.17 28.6 12.9 45.1 120 67 18,884 14,294
Sandton Area 29.5 19.0 1073.53 892.48 317.03 169.54 55.5 20.3 87.0 ZAR 15.57555 29.5 19.0 1073.53 892.48 317.03 169.54 55.5 20.3 87.0 80 30 9,975 4,880
Sharm El Sheikh 53.6 25.8 1269.20 858.42 679.71 221.60 107.4 47.9 206.7 EGP 15.70891 53.6 25.8 1269.20 858.42 679.71 221.60 107.4 47.9 206.7 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited
and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (Data in US Dollars)
For the Month of: January 2022

January 2022 vs January 2021 Year to Date - January 2022 vs January 2021 Participation
Percent Change from Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2021 2021
2022 2021 2022 2021 2022 2021 Occ ADR RevPAR 2022 2021 2022 2021 2022 2021 Occ ADR RevPAR Census Sample Census Sample
Middle East / Africa 52.5 42.6 160.34 126.90 84.24 54.11 23.2 26.4 55.7 52.5 42.6 160.34 126.90 84.24 54.11 23.2 26.4 55.7 7,919 1,897 1,005,636 413,963

Countries
Algeria 25.1 21.6 96.73 90.75 24.29 19.61 16.2 6.6 23.8 25.1 21.6 96.73 90.75 24.29 19.61 16.2 6.6 23.8 88 21 10,492 4,539
Bahrain 35.4 27.0 151.93 119.45 53.83 32.21 31.4 27.2 67.2 35.4 27.0 151.93 119.45 53.83 32.21 31.4 27.2 67.2 157 51 17,602 8,461
Egypt 52.4 26.3 96.81 68.46 50.70 18.00 99.2 41.4 181.6 52.4 26.3 96.81 68.46 50.70 18.00 99.2 41.4 181.6 636 100 168,481 38,028
Jordan 25.2 14.1 132.41 108.86 33.30 15.31 78.9 21.6 117.6 25.2 14.1 132.41 108.86 33.30 15.31 78.9 21.6 117.6 209 36 19,820 9,255
Kenya 31.6 23.1 91.89 83.76 29.02 19.32 36.9 9.7 50.2 31.6 23.1 91.89 83.76 29.02 19.32 36.9 9.7 50.2 251 29 21,259 4,314
Kuwait 26.3 25.5 208.49 193.91 54.79 49.49 3.0 7.5 10.7 26.3 25.5 208.49 193.91 54.79 49.49 3.0 7.5 10.7 59 26 8,452 5,642
Lebanon 34.3 28.2 443.93 289.05 152.33 81.54 21.6 53.6 86.8 34.3 28.2 443.93 289.05 152.33 81.54 21.6 53.6 86.8 85 19 7,846 2,807
Mauritius 46.8 20.1 410.72 117.08 192.38 23.48 133.5 250.8 719.3 46.8 20.1 410.72 117.08 192.38 23.48 133.5 250.8 719.3 104 26 13,716 3,905
Morocco 12.8 18.6 102.67 97.01 13.15 18.08 -31.3 5.8 -27.3 12.8 18.6 102.67 97.01 13.15 18.08 -31.3 5.8 -27.3 514 89 56,936 15,439
Namibia 22.8 26.4 57.12 59.87 13.04 15.81 -13.5 -4.6 -17.5 22.8 26.4 57.12 59.87 13.04 15.81 -13.5 -4.6 -17.5 63 10 3,080 1,031
Nigeria 57.3 41.4 138.56 129.43 79.44 53.64 38.3 7.1 48.1 57.3 41.4 138.56 129.43 79.44 53.64 38.3 7.1 48.1 128 25 14,590 4,282
Oman 40.7 25.7 141.37 81.12 57.50 20.88 58.0 74.3 175.3 40.7 25.7 141.37 81.12 57.50 20.88 58.0 74.3 175.3 241 68 20,521 10,693
Qatar 57.8 59.7 102.83 89.32 59.47 53.37 -3.2 15.1 11.4 57.8 59.7 102.83 89.32 59.47 53.37 -3.2 15.1 11.4 138 137 29,465 29,442
Saudi Arabia 49.5 40.2 130.24 141.04 64.42 56.74 23.0 -7.7 13.6 49.5 40.2 130.24 141.04 64.42 56.74 23.0 -7.7 13.6 990 251 129,786 64,491
South Africa 40.4 20.7 85.93 74.10 34.69 15.30 95.4 16.0 126.6 40.4 20.7 85.93 74.10 34.69 15.30 95.4 16.0 126.6 1,122 260 82,067 32,633
Tanzania 37.5 34.4 147.68 147.21 55.40 50.70 8.9 0.3 9.3 37.5 34.4 147.68 147.21 55.40 50.70 8.9 0.3 9.3 169 25 9,209 2,349
Tunisia 24.6 18.0 60.38 136.66 14.85 24.62 36.5 -55.8 -39.7 24.6 18.0 60.38 136.66 14.85 24.62 36.5 -55.8 -39.7 379 26 78,217 6,483
United Arab Emirates 70.3 62.8 198.30 140.40 139.31 88.16 11.9 41.2 58.0 70.3 62.8 198.30 140.40 139.31 88.16 11.9 41.2 58.0 1,028 534 196,761 144,389
Zambia 19.8 15.2 82.56 68.33 16.32 10.41 29.7 20.8 56.8 19.8 15.2 82.56 68.33 16.32 10.41 29.7 20.8 56.8 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 58.4 105.72 82.03 76.25 47.88 23.6 28.9 59.3 72.1 58.4 105.72 82.03 76.25 47.88 23.6 28.9 59.3 138 90 30,392 25,326
Amman 32.1 14.0 138.10 112.86 44.37 15.81 129.3 22.4 180.6 32.1 14.0 138.10 112.86 44.37 15.81 129.3 22.4 180.6 157 17 12,857 4,746
Beirut 36.2 29.9 449.66 272.19 162.60 81.32 21.0 65.2 99.9 36.2 29.9 449.66 272.19 162.60 81.32 21.0 65.2 99.9 56 17 5,350 2,437
Cairo & Giza 60.9 30.0 114.96 75.34 69.97 22.58 103.0 52.6 209.8 60.9 30.0 114.96 75.34 69.97 22.58 103.0 52.6 209.8 106 44 24,903 16,008
Cape Town Centre 49.0 19.6 118.62 88.83 58.10 17.44 149.6 33.5 233.3 49.0 19.6 118.62 88.83 58.10 17.44 149.6 33.5 233.3 135 48 12,702 6,191
Casablanca 8.8 18.8 73.87 74.45 6.48 14.00 -53.4 -0.8 -53.7 8.8 18.8 73.87 74.45 6.48 14.00 -53.4 -0.8 -53.7 78 24 8,420 3,946
Dar Es Salaam 32.7 24.2 88.94 82.58 29.11 19.96 35.4 7.7 45.8 32.7 24.2 88.94 82.58 29.11 19.96 35.4 7.7 45.8 28 14 2,567 1,436
Doha Centre 67.4 66.8 85.32 72.29 57.49 48.31 0.8 18.0 19.0 67.4 66.8 85.32 72.29 57.49 48.31 0.8 18.0 19.0 77 76 11,937 11,914
Dubai 70.7 65.6 231.40 159.30 163.61 104.42 7.9 45.3 56.7 70.7 65.6 231.40 159.30 163.61 104.42 7.9 45.3 56.7 674 368 138,005 103,516
Jeddah 46.3 54.9 151.14 185.93 70.02 102.08 -15.6 -18.7 -31.4 46.3 54.9 151.14 185.93 70.02 102.08 -15.6 -18.7 -31.4 90 47 12,611 8,503
Johannesburg Area 17.3 10.9 66.28 64.91 11.45 7.08 58.4 2.1 61.8 17.3 10.9 66.28 64.91 11.45 7.08 58.4 2.1 61.8 70 12 5,235 1,552
Lagos Area 60.0 45.2 136.85 117.96 82.07 53.32 32.7 16.0 53.9 60.0 45.2 136.85 117.96 82.07 53.32 32.7 16.0 53.9 48 15 6,028 2,346
Manama 35.9 27.2 149.70 117.14 53.76 31.91 31.8 27.8 68.5 35.9 27.2 149.70 117.14 53.76 31.91 31.8 27.8 68.5 149 48 16,865 8,076
Muscat 42.7 24.5 124.19 75.91 53.01 18.62 74.1 63.6 184.8 42.7 24.5 124.19 75.91 53.01 18.62 74.1 63.6 184.8 116 40 11,569 7,273
Nairobi 31.3 23.0 93.14 83.81 29.19 19.32 36.0 11.1 51.1 31.3 23.0 93.14 83.81 29.19 19.32 36.0 11.1 51.1 75 25 8,164 4,105
Riyadh 71.1 55.3 174.20 154.56 123.82 85.46 28.6 12.7 44.9 71.1 55.3 174.20 154.56 123.82 85.46 28.6 12.7 44.9 120 67 18,884 14,294
Sandton Area 29.5 19.0 68.92 58.86 20.35 11.18 55.5 17.1 82.0 29.5 19.0 68.92 58.86 20.35 11.18 55.5 17.1 82.0 80 30 9,975 4,880
Sharm El Sheikh 53.6 25.8 80.80 54.72 43.27 14.13 107.4 47.7 206.3 53.6 25.8 80.80 54.72 43.27 14.13 107.4 47.7 206.3 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR
Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (Data in Euros)
For the Month of: January 2022

January 2022 vs January 2021 Year to Date - January 2022 vs January 2021 Participation
Percent Change from Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2021 2021
2022 2021 2022 2021 2022 2021 Occ ADR RevPAR 2022 2021 2022 2021 2022 2021 Occ ADR RevPAR Census Sample Census Sample
Middle East / Africa 52.5 42.6 143.78 104.54 75.54 44.57 23.2 37.5 69.5 52.5 42.6 143.78 104.54 75.54 44.57 23.2 37.5 69.5 7,919 1,897 1,005,636 413,963

Countries
Algeria 25.1 21.6 86.74 74.76 21.78 16.16 16.2 16.0 34.8 25.1 21.6 86.74 74.76 21.78 16.16 16.2 16.0 34.8 88 21 10,492 4,539
Bahrain 35.4 27.0 136.24 98.40 48.28 26.53 31.4 38.5 82.0 35.4 27.0 136.24 98.40 48.28 26.53 31.4 38.5 82.0 157 51 17,602 8,461
Egypt 52.4 26.3 86.81 56.40 45.46 14.83 99.2 53.9 206.5 52.4 26.3 86.81 56.40 45.46 14.83 99.2 53.9 206.5 636 100 168,481 38,028
Jordan 25.2 14.1 118.73 89.68 29.87 12.61 78.9 32.4 136.9 25.2 14.1 118.73 89.68 29.87 12.61 78.9 32.4 136.9 209 36 19,820 9,255
Kenya 31.6 23.1 82.41 69.00 26.02 15.92 36.9 19.4 63.5 31.6 23.1 82.41 69.00 26.02 15.92 36.9 19.4 63.5 251 29 21,259 4,314
Kuwait 26.3 25.5 186.96 159.74 49.13 40.77 3.0 17.0 20.5 26.3 25.5 186.96 159.74 49.13 40.77 3.0 17.0 20.5 59 26 8,452 5,642
Lebanon 34.3 28.2 398.09 238.12 136.61 67.17 21.6 67.2 103.4 34.3 28.2 398.09 238.12 136.61 67.17 21.6 67.2 103.4 85 19 7,846 2,807
Mauritius 46.8 20.1 368.32 96.45 172.51 19.34 133.5 281.9 791.8 46.8 20.1 368.32 96.45 172.51 19.34 133.5 281.9 791.8 104 26 13,716 3,905
Morocco 12.8 18.6 92.07 79.92 11.79 14.89 -31.3 15.2 -20.8 12.8 18.6 92.07 79.92 11.79 14.89 -31.3 15.2 -20.8 514 89 56,936 15,439
Namibia 22.8 26.4 51.22 49.32 11.70 13.02 -13.5 3.9 -10.2 22.8 26.4 51.22 49.32 11.70 13.02 -13.5 3.9 -10.2 63 10 3,080 1,031
Nigeria 57.3 41.4 124.25 106.62 71.24 44.19 38.3 16.5 61.2 57.3 41.4 124.25 106.62 71.24 44.19 38.3 16.5 61.2 128 25 14,590 4,282
Oman 40.7 25.7 126.77 66.83 51.56 17.20 58.0 89.7 199.7 40.7 25.7 126.77 66.83 51.56 17.20 58.0 89.7 199.7 241 68 20,521 10,693
Qatar 57.8 59.7 92.21 73.58 53.33 43.97 -3.2 25.3 21.3 57.8 59.7 92.21 73.58 53.33 43.97 -3.2 25.3 21.3 138 137 29,465 29,442
Saudi Arabia 49.5 40.2 116.80 116.19 57.77 46.74 23.0 0.5 23.6 49.5 40.2 116.80 116.19 57.77 46.74 23.0 0.5 23.6 990 251 129,786 64,491
South Africa 40.4 20.7 77.06 61.05 31.10 12.61 95.4 26.2 146.7 40.4 20.7 77.06 61.05 31.10 12.61 95.4 26.2 146.7 1,122 260 82,067 32,633
Tanzania 37.5 34.4 132.43 121.27 49.68 41.77 8.9 9.2 19.0 37.5 34.4 132.43 121.27 49.68 41.77 8.9 9.2 19.0 169 25 9,209 2,349
Tunisia 24.6 18.0 54.15 112.58 13.31 20.28 36.5 -51.9 -34.4 24.6 18.0 54.15 112.58 13.31 20.28 36.5 -51.9 -34.4 379 26 78,217 6,483
United Arab Emirates 70.3 62.8 177.82 115.66 124.93 72.62 11.9 53.7 72.0 70.3 62.8 177.82 115.66 124.93 72.62 11.9 53.7 72.0 1,028 534 196,761 144,389
Zambia 19.8 15.2 74.04 56.29 14.64 8.58 29.7 31.5 70.6 19.8 15.2 74.04 56.29 14.64 8.58 29.7 31.5 70.6 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 58.4 94.80 67.58 68.38 39.44 23.6 40.3 73.4 72.1 58.4 94.80 67.58 68.38 39.44 23.6 40.3 73.4 138 90 30,392 25,326
Amman 32.1 14.0 123.84 92.97 39.79 13.03 129.3 33.2 205.4 32.1 14.0 123.84 92.97 39.79 13.03 129.3 33.2 205.4 157 17 12,857 4,746
Beirut 36.2 29.9 403.23 224.23 145.81 66.99 21.0 79.8 117.7 36.2 29.9 403.23 224.23 145.81 66.99 21.0 79.8 117.7 56 17 5,350 2,437
Cairo & Giza 60.9 30.0 103.09 62.06 62.74 18.60 103.0 66.1 237.3 60.9 30.0 103.09 62.06 62.74 18.60 103.0 66.1 237.3 106 44 24,903 16,008
Cape Town Centre 49.0 19.6 106.37 73.17 52.10 14.36 149.6 45.4 262.8 49.0 19.6 106.37 73.17 52.10 14.36 149.6 45.4 262.8 135 48 12,702 6,191
Casablanca 8.8 18.8 66.24 61.33 5.81 11.53 -53.4 8.0 -49.6 8.8 18.8 66.24 61.33 5.81 11.53 -53.4 8.0 -49.6 78 24 8,420 3,946
Dar Es Salaam 32.7 24.2 79.76 68.03 26.11 16.44 35.4 17.3 58.8 32.7 24.2 79.76 68.03 26.11 16.44 35.4 17.3 58.8 28 14 2,567 1,436
Doha Centre 67.4 66.8 76.51 59.56 51.55 39.80 0.8 28.5 29.5 67.4 66.8 76.51 59.56 51.55 39.80 0.8 28.5 29.5 77 76 11,937 11,914
Dubai 70.7 65.6 207.50 131.23 146.72 86.02 7.9 58.1 70.6 70.7 65.6 207.50 131.23 146.72 86.02 7.9 58.1 70.6 674 368 138,005 103,516
Jeddah 46.3 54.9 135.54 153.17 62.79 84.10 -15.6 -11.5 -25.3 46.3 54.9 135.54 153.17 62.79 84.10 -15.6 -11.5 -25.3 90 47 12,611 8,503
Johannesburg Area 17.3 10.9 59.44 53.47 10.27 5.83 58.4 11.1 76.1 17.3 10.9 59.44 53.47 10.27 5.83 58.4 11.1 76.1 70 12 5,235 1,552
Lagos Area 60.0 45.2 122.72 97.18 73.60 43.93 32.7 26.3 67.5 60.0 45.2 122.72 97.18 73.60 43.93 32.7 26.3 67.5 48 15 6,028 2,346
Manama 35.9 27.2 134.24 96.50 48.21 26.29 31.8 39.1 83.4 35.9 27.2 134.24 96.50 48.21 26.29 31.8 39.1 83.4 149 48 16,865 8,076
Muscat 42.7 24.5 111.36 62.53 47.54 15.34 74.1 78.1 210.0 42.7 24.5 111.36 62.53 47.54 15.34 74.1 78.1 210.0 116 40 11,569 7,273
Nairobi 31.3 23.0 83.53 69.04 26.18 15.91 36.0 21.0 64.5 31.3 23.0 83.53 69.04 26.18 15.91 36.0 21.0 64.5 75 25 8,164 4,105
Riyadh 71.1 55.3 156.22 127.32 111.04 70.40 28.6 22.7 57.7 71.1 55.3 156.22 127.32 111.04 70.40 28.6 22.7 57.7 120 67 18,884 14,294
Sandton Area 29.5 19.0 61.81 48.49 18.25 9.21 55.5 27.5 98.2 29.5 19.0 61.81 48.49 18.25 9.21 55.5 27.5 98.2 80 30 9,975 4,880
Sharm El Sheikh 53.6 25.8 72.45 45.08 38.80 11.64 107.4 60.7 233.4 53.6 25.8 72.45 45.08 38.80 11.64 107.4 60.7 233.4 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR
Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
 Middle East/Africa Market Performance Graphs (Data in US Dollars)
For the Month of: January 2022

Top 5 Markets: Occupancy Percent Change Bottom 5 Markets: Occupancy Percent Change
YTD January 2022 vs YTD January 2021 YTD January 2022 vs YTD January 2021
Muscat 74.1 Cape Town Centre Beirut 21.0
160.0 30.0 Beirut
Cairo & Giza 103.0 149.6 Dubai 21.0 7.9
Sharm El Sheikh107.4 Amman Doha Centre 0.8
140.0 20.0 Dubai
129.3
Amman 129.3 Jeddah -15.6 7.9
Sharm El Sheikh 10.0 Doha Centre
120.0 Cape Town Centre
149.6 Cairo & Giza Casablanca -53.4
107.4 0.8
103.0
0.0
100.0
Muscat -10.0
80.0 74.1
-20.0 Jeddah
60.0 -15.6
-30.0
40.0 -40.0
20.0 -50.0

0.0 -60.0 Casablanca

-53.4

Top 5 Markets: RevPAR Percent Change Bottom 5 Markets: RevPAR Percent Change
YTD January 2022 vs YTD January 2021 YTD January 2022 vs YTD January 2021
Cape Town Centre
Amman
250.0 180.6 Dar Es Salaam 45.8
233.3
Muscat 184.8 Sharm El Sheikh Cairo & Giza 60.0 Riyadh Dar Es Salaam
44.9 Riyadh
206.3 209.8 45.8 44.9
Sharm El Sheikh
206.3 Muscat Doha Centre 19.0
Amman
200.0
Cairo & Giza 209.8 180.6 184.8 40.0 Jeddah -31.4
Cape Town Centre
233.3 Casablanca -53.7 Doha Centre
19.0
20.0
150.0

0.0
100.0
-20.0

50.0
-40.0 Jeddah
-31.4
0.0 -60.0 Casablanca
-53.7

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment,
tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC /
STR Global, Ltd. trading as "STR".
World Regions
Americas Asia Pacific Europe Middle East / Africa
Caribbean Central America Central & South Asia Australia & Oceania Eastern Europe Southern Europe Middle East Southern Africa
Anguilla Belize Bangladesh American Samoa Armenia Albania Afghanistan Angola
Antigua & Barbuda Costa Rica Bhutan Australia Azerbaijan Andorra Bahrain Benin
Aruba El Salvador India Cook Islands Belarus Bosnia and Herzegovina Iran Botswana
Bahamas Guatemala Maldives Fiji Bulgaria Croatia Iraq Burundi
Barbados Honduras Nepal French Polynesia Czech Republic Cyprus Jordan Cameroon
Bermuda Nicaragua Pakistan Guam Georgia Gibraltar Kuwait Cape Verde
British Virgin Islands Panama Sri Lanka Kiribati Hungary Greece Lebanon Central African Republic
Cayman Islands Marshall Islands Kazakhstan Italy Oman Comoros
Curacao North America Northeastern Asia Micronesia Kyrgyzstan Israel Qatar Congo (Brazzaville)
Cuba Canada China Nauru Poland Kosovo Saudi Arabia Cote d'Ivoire
Dominica Greenland Japan New Caledonia Moldova Macedonia Syria Democratic Republic of the Congo
Dominican Republic Mexico North Korea New Zealand Romania Malta UAE Equatorial Guinea
Grenada United States South Korea Niue Russia Montenegro Yemen Ethiopia
Guadeloupe Mongolia Northern Mariana Islands Slovakia Portugal Gabon
Haiti South America Taiwan Palau Tajikistan San Marino Northern Africa Gambia
Jamaica Argentina Papua New Guinea Turkmenistan Serbia Algeria Ghana
Martinique Bolivia Southeastern Asia Samoa Ukraine Slovenia Burkina Faso Guinea
Montserrat Brazil Brunei Solomon Islands Uzbekistan Spain Chad Guinea-Bissau
Netherlands Antilles Chile Cambodia Tonga Turkey Djibouti Kenya
Puerto Rico Colombia East Timor Tuvalu Northern Europe Egypt Lesotho
St. Kitts & Nevis Ecuador Indonesia Vanuatu Denmark Western Europe Eritrea Liberia
St. Lucia Falkland Islands Laos Estonia Austria Libya Madagascar
St. Vincent French Guiana Malaysia Faroe Islands Belgium Mali Malawi
Trinidad & Tobago Guyana Myanmar Finland France Morocco Mauritius
Turks & Caicos Paraguay Philippines Iceland Germany Mauritania Mozambique
US Virgin Islands Peru Singapore Ireland Liechtenstein Niger Namibia
Suriname Thailand Latvia Luxembourg Sudan Nigeria
Uruguay Vietnam Lithuania Monaco South Sudan Reunion
Venezuela Norway Netherlands Tunisia Rwanda
Sweden Switzerland Sao Tome and Principe
United Kingdom Senegal
Seychelles
Sierra Leone
Somalia
South Africa
Swaziland
Tanzania
Togo
Uganda
Zambia
Zimbabwe

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax,
accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR
Global, Ltd. trading as "STR".
Global Performance (US Dollars) - Standard Data 2019 Comparison
For the Month of: January 2022

January 2022 vs January 2019 Year to Date - January 2022 vs January 2019 Participation
Occ % ADR RevPAR Percent Change from January Occ % ADR RevPAR Percent Change from YTD
Properties Rooms
2019 2019
2022 2019 2022 2019 2022 2019 Occ. ADR RevPAR 2022 2019 2022 2019 2022 2019 Occ. ADR RevPAR Census Sample Census Sample
Asia Pacific 43.0 65.1 87.02 101.21 37.38 65.91 -34.0 -14.0 -43.3 43.0 65.1 87.02 101.21 37.38 65.91 -34.0 -14.0 -43.3 50,766 16,141 6,128,746 2,559,222
Central & South Asia 38.4 69.4 163.96 129.95 63.02 90.17 -44.6 26.2 -30.1 38.4 69.4 163.96 129.95 63.02 90.17 -44.6 26.2 -30.1 6,224 2,080 389,623 195,306
Northeastern Asia 42.5 63.3 71.85 86.25 30.51 54.58 -32.9 -16.7 -44.1 42.5 63.3 71.85 86.25 30.51 54.58 -32.9 -16.7 -44.1 26,936 9,827 4,211,392 1,749,752
Southeastern Asia 43.7 66.7 73.03 115.71 31.88 77.16 -34.5 -36.9 -58.7 43.7 66.7 73.03 115.71 31.88 77.16 -34.5 -36.9 -58.7 9,711 2,164 1,127,793 401,131
Australia & Oceania 49.8 71.7 161.96 145.78 80.58 104.54 -30.6 11.1 -22.9 49.8 71.7 161.96 145.78 80.58 104.54 -30.6 11.1 -22.9 7,895 2,070 399,938 213,033

Americas 47.1 54.7 124.28 124.97 58.59 68.32 -13.8 -0.6 -14.2 47.1 54.7 124.28 124.97 58.59 68.32 -13.8 -0.6 -14.2 80,431 41,592 7,229,994 4,914,255
North America 47.0 54.4 123.49 123.70 57.98 67.35 -13.8 -0.2 -13.9 47.0 54.4 123.49 123.70 57.98 67.35 -13.8 -0.2 -13.9 70,842 39,622 6,358,947 4,605,512
Caribbean 52.5 68.0 288.14 257.59 151.35 175.22 -22.8 11.9 -13.6 52.5 68.0 288.14 257.59 151.35 175.22 -22.8 11.9 -13.6 1,997 286 257,899 69,501
Central America 49.0 57.3 156.97 143.82 76.99 82.47 -14.5 9.1 -6.6 49.0 57.3 156.97 143.82 76.99 82.47 -14.5 9.1 -6.6 1,073 159 62,426 23,113
South America 50.5 55.6 86.22 98.35 43.53 54.66 -9.2 -12.3 -20.4 50.5 55.6 86.22 98.35 43.53 54.66 -9.2 -12.3 -20.4 6,519 1,525 550,722 216,129

Europe 35.0 57.7 104.59 113.30 36.65 65.42 -39.3 -7.7 -44.0 35.0 57.7 104.59 113.30 36.65 65.42 -39.3 -7.7 -44.0 78,481 13,320 5,279,068 1,707,590
Eastern Europe 36.1 48.9 80.64 78.04 29.14 38.16 -26.1 3.3 -23.6 36.1 48.9 80.64 78.04 29.14 38.16 -26.1 3.3 -23.6 6,893 987 578,906 172,862
Northern Europe 42.8 61.6 98.42 108.86 42.10 67.00 -30.5 -9.6 -37.2 42.8 61.6 98.42 108.86 42.10 67.00 -30.5 -9.6 -37.2 19,503 4,725 1,078,009 546,086
Southern Europe 34.7 55.8 104.91 108.22 36.35 60.35 -37.9 -3.1 -39.8 34.7 55.8 104.91 108.22 36.35 60.35 -37.9 -3.1 -39.8 23,884 2,542 1,902,850 356,561
Western Europe 28.3 57.9 120.80 129.22 34.16 74.88 -51.2 -6.5 -54.4 28.3 57.9 120.80 129.22 34.16 74.88 -51.2 -6.5 -54.4 28,201 5,066 1,719,303 632,081

Middle East / Africa 52.5 61.7 160.34 139.72 84.24 86.14 -14.8 14.8 -2.2 52.5 61.7 160.34 139.72 84.24 86.14 -14.8 14.8 -2.2 7,919 1,897 1,005,636 413,963
Middle East 59.0 67.3 173.07 150.95 102.19 101.66 -12.3 14.7 0.5 59.0 67.3 173.07 150.95 102.19 101.66 -12.3 14.7 0.5 3,022 1,130 448,075 276,922
Northern Africa 38.2 54.8 96.12 88.07 36.74 48.30 -30.3 9.1 -23.9 38.2 54.8 96.12 88.07 36.74 48.30 -30.3 9.1 -23.9 1,663 246 320,254 66,412
Southern Africa 40.5 51.8 144.53 141.93 58.50 73.50 -21.8 1.8 -20.4 40.5 51.8 144.53 141.93 58.50 73.50 -21.8 1.8 -20.4 3,234 521 237,307 70,629

Markets
Beijing 43.3 69.3 80.01 87.02 34.62 60.29 -37.5 -8.1 -42.6 43.3 69.3 80.01 87.02 34.62 60.29 -37.5 -8.1 -42.6 2,174 722 309,707 108,404
Berlin 27.4 63.6 84.62 96.11 23.20 61.15 -56.9 -12.0 -62.1 27.4 63.6 84.62 96.11 23.20 61.15 -56.9 -12.0 -62.1 672 252 72,335 49,975
Buenos Aires 29.8 62.6 114.92 120.56 34.20 75.49 -52.5 -4.7 -54.7 29.8 62.6 114.92 120.56 34.20 75.49 -52.5 -4.7 -54.7 241 55 20,531 7,790
Dubai 70.7 81.5 231.40 190.81 163.61 155.54 -13.3 21.3 5.2 70.7 81.5 231.40 190.81 163.61 155.54 -13.3 21.3 5.2 674 368 138,005 103,516
Hong Kong 49.3 89.5 99.57 181.88 49.10 162.76 -44.9 -45.3 -69.8 49.3 89.5 99.57 181.88 49.10 162.76 -44.9 -45.3 -69.8 243 129 73,918 50,088
London 38.6 71.8 148.39 171.54 57.21 123.23 -46.3 -13.5 -53.6 38.6 71.8 148.39 171.54 57.21 123.23 -46.3 -13.5 -53.6 1,564 707 142,258 106,931
Los Angeles, CA 55.6 71.4 167.50 169.99 93.17 121.40 -22.1 -1.5 -23.3 55.6 71.4 167.50 169.99 93.17 121.40 -22.1 -1.5 -23.3 1,287 548 112,658 84,656
Madrid 38.0 64.8 113.24 114.11 42.98 73.94 -41.4 -0.8 -41.9 38.0 64.8 113.24 114.11 42.98 73.94 -41.4 -0.8 -41.9 524 229 53,298 32,672
New York 41.7 71.3 172.64 180.35 71.93 128.52 -41.5 -4.3 -44.0 41.7 71.3 172.64 180.35 71.93 128.52 -41.5 -4.3 -44.0 712 452 120,205 99,885
Paris 35.4 65.5 233.04 221.45 82.44 145.12 -46.0 5.2 -43.2 35.4 65.5 233.04 221.45 82.44 145.12 -46.0 5.2 -43.2 1,195 351 73,557 30,292
Rome 23.6 50.1 139.65 127.29 33.01 63.80 -52.8 9.7 -48.3 23.6 50.1 139.65 127.29 33.01 63.80 -52.8 9.7 -48.3 546 117 41,058 15,718
Sydney 37.5 80.2 156.41 153.59 58.64 123.17 -53.2 1.8 -52.4 37.5 80.2 156.41 153.59 58.64 123.17 -53.2 1.8 -52.4 404 249 44,866 37,981
Tokyo 42.9 78.2 101.52 160.13 43.58 125.23 -45.1 -36.6 -65.2 42.9 78.2 101.52 160.13 43.58 125.23 -45.1 -36.6 -65.2 750 268 148,204 65,634
Toronto 33.7 62.1 100.39 130.85 33.82 81.24 -45.7 -23.3 -58.4 33.7 62.1 100.39 130.85 33.82 81.24 -45.7 -23.3 -58.4 194 135 33,970 30,526

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report,
in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Global Performance (Euros) - Standard Data 2019 Comparison
For the Month of: January 2022

January 2022 vs January 2019 Year to Date - January 2022 vs January 2019 Participation
Occ % ADR RevPAR Percent Change from January Occ % ADR RevPAR Percent Change from YTD
Properties Rooms
2019 2019
2022 2019 2022 2019 2022 2019 Occ. ADR RevPAR 2022 2019 2022 2019 2022 2019 Occ. ADR RevPAR Census Sample Census Sample
Asia Pacific 43.0 65.1 78.03 88.10 33.52 57.38 -34.0 -11.4 -41.6 43.0 65.1 78.03 88.10 33.52 57.38 -34.0 -11.4 -41.6 50,766 16,141 6,128,746 2,559,222
Central & South Asia 38.4 69.4 147.03 113.12 56.52 78.50 -44.6 30.0 -28.0 38.4 69.4 147.03 113.12 56.52 78.50 -44.6 30.0 -28.0 6,224 2,080 389,623 195,306
Northeastern Asia 42.5 63.3 64.43 75.08 27.36 47.51 -32.9 -14.2 -42.4 42.5 63.3 64.43 75.08 27.36 47.51 -32.9 -14.2 -42.4 26,936 9,827 4,211,392 1,749,752
Southeastern Asia 43.7 66.7 65.49 100.72 28.59 67.16 -34.5 -35.0 -57.4 43.7 66.7 65.49 100.72 28.59 67.16 -34.5 -35.0 -57.4 9,711 2,164 1,127,793 401,131
Australia & Oceania 49.8 71.7 145.24 126.90 72.26 91.00 -30.6 14.4 -20.6 49.8 71.7 145.24 126.90 72.26 91.00 -30.6 14.4 -20.6 7,895 2,070 399,938 213,033

Americas 47.1 54.7 111.45 108.79 52.54 59.47 -13.8 2.4 -11.7 47.1 54.7 111.45 108.79 52.54 59.47 -13.8 2.4 -11.7 80,431 41,592 7,229,994 4,914,255
North America 47.0 54.4 110.74 107.68 51.99 58.63 -13.8 2.8 -11.3 47.0 54.4 110.74 107.68 51.99 58.63 -13.8 2.8 -11.3 70,842 39,622 6,358,947 4,605,512
Caribbean 52.5 68.0 258.39 224.24 135.72 152.53 -22.8 15.2 -11.0 52.5 68.0 258.39 224.24 135.72 152.53 -22.8 15.2 -11.0 1,997 286 257,899 69,501
Central America 49.0 57.3 140.76 125.20 69.04 71.79 -14.5 12.4 -3.8 49.0 57.3 140.76 125.20 69.04 71.79 -14.5 12.4 -3.8 1,073 159 62,426 23,113
South America 50.5 55.6 77.32 85.61 39.04 47.58 -9.2 -9.7 -18.0 50.5 55.6 77.32 85.61 39.04 47.58 -9.2 -9.7 -18.0 6,519 1,525 550,722 216,129

Europe 35.0 57.7 93.79 98.63 32.86 56.95 -39.3 -4.9 -42.3 35.0 57.7 93.79 98.63 32.86 56.95 -39.3 -4.9 -42.3 78,481 13,320 5,279,068 1,707,590
Eastern Europe 36.1 48.9 72.31 67.93 26.13 33.22 -26.1 6.4 -21.3 36.1 48.9 72.31 67.93 26.13 33.22 -26.1 6.4 -21.3 6,893 987 578,906 172,862
Northern Europe 42.8 61.6 88.26 94.76 37.75 58.32 -30.5 -6.9 -35.3 42.8 61.6 88.26 94.76 37.75 58.32 -30.5 -6.9 -35.3 19,503 4,725 1,078,009 546,086
Southern Europe 34.7 55.8 94.07 94.21 32.60 52.54 -37.9 -0.1 -38.0 34.7 55.8 94.07 94.21 32.60 52.54 -37.9 -0.1 -38.0 23,884 2,542 1,902,850 356,561
Western Europe 28.3 57.9 108.32 112.49 30.63 65.19 -51.2 -3.7 -53.0 28.3 57.9 108.32 112.49 30.63 65.19 -51.2 -3.7 -53.0 28,201 5,066 1,719,303 632,081

Middle East / Africa 52.5 61.7 143.78 121.62 75.54 74.98 -14.8 18.2 0.7 52.5 61.7 143.78 121.62 75.54 74.98 -14.8 18.2 0.7 7,919 1,897 1,005,636 413,963
Middle East 59.0 67.3 155.20 131.40 91.64 88.50 -12.3 18.1 3.6 59.0 67.3 155.20 131.40 91.64 88.50 -12.3 18.1 3.6 3,022 1,130 448,075 276,922
Northern Africa 38.2 54.8 86.20 76.66 32.95 42.04 -30.3 12.4 -21.6 38.2 54.8 86.20 76.66 32.95 42.04 -30.3 12.4 -21.6 1,663 246 320,254 66,412
Southern Africa 40.5 51.8 129.60 123.55 52.46 63.99 -21.8 4.9 -18.0 40.5 51.8 129.60 123.55 52.46 63.99 -21.8 4.9 -18.0 3,234 521 237,307 70,629

Markets
Beijing 43.3 69.3 71.75 75.75 31.05 52.49 -37.5 -5.3 -40.8 43.3 69.3 71.75 75.75 31.05 52.49 -37.5 -5.3 -40.8 2,174 722 309,707 108,404
Berlin 27.4 63.6 75.88 83.66 20.80 53.23 -56.9 -9.3 -60.9 27.4 63.6 75.88 83.66 20.80 53.23 -56.9 -9.3 -60.9 672 252 72,335 49,975
Buenos Aires 29.8 62.6 103.06 104.95 30.67 65.72 -52.5 -1.8 -53.3 29.8 62.6 103.06 104.95 30.67 65.72 -52.5 -1.8 -53.3 241 55 20,531 7,790
Dubai 70.7 81.5 207.50 166.10 146.72 135.39 -13.3 24.9 8.4 70.7 81.5 207.50 166.10 146.72 135.39 -13.3 24.9 8.4 674 368 138,005 103,516
Hong Kong 49.3 89.5 89.29 158.33 44.03 141.69 -44.9 -43.6 -68.9 49.3 89.5 89.29 158.33 44.03 141.69 -44.9 -43.6 -68.9 243 129 73,918 50,088
London 38.6 71.8 133.07 149.33 51.30 107.27 -46.3 -10.9 -52.2 38.6 71.8 133.07 149.33 51.30 107.27 -46.3 -10.9 -52.2 1,564 707 142,258 106,931
Los Angeles, CA 55.6 71.4 150.21 147.98 83.55 105.68 -22.1 1.5 -20.9 55.6 71.4 150.21 147.98 83.55 105.68 -22.1 1.5 -20.9 1,287 548 112,658 84,656
Madrid 38.0 64.8 101.54 99.34 38.54 64.37 -41.4 2.2 -40.1 38.0 64.8 101.54 99.34 38.54 64.37 -41.4 2.2 -40.1 524 229 53,298 32,672
New York 41.7 71.3 154.81 156.99 64.51 111.88 -41.5 -1.4 -42.3 41.7 71.3 154.81 156.99 64.51 111.88 -41.5 -1.4 -42.3 712 452 120,205 99,885
Paris 35.4 65.5 208.98 192.77 73.92 126.33 -46.0 8.4 -41.5 35.4 65.5 208.98 192.77 73.92 126.33 -46.0 8.4 -41.5 1,195 351 73,557 30,292
Rome 23.6 50.1 125.23 110.81 29.60 55.54 -52.8 13.0 -46.7 23.6 50.1 125.23 110.81 29.60 55.54 -52.8 13.0 -46.7 546 117 41,058 15,718
Sydney 37.5 80.2 140.26 133.70 52.59 107.22 -53.2 4.9 -51.0 37.5 80.2 140.26 133.70 52.59 107.22 -53.2 4.9 -51.0 404 249 44,866 37,981
Tokyo 42.9 78.2 91.04 139.40 39.08 109.01 -45.1 -34.7 -64.2 42.9 78.2 91.04 139.40 39.08 109.01 -45.1 -34.7 -64.2 750 268 148,204 65,634
Toronto 33.7 62.1 90.03 113.91 30.33 70.72 -45.7 -21.0 -57.1 33.7 62.1 90.03 113.91 30.33 70.72 -45.7 -21.0 -57.1 194 135 33,970 30,526

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report,
in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (Local Currency) - Standard Data 2019 Comparison
For the Month of: January 2022

January 2022 vs January 2019 January 2022 Year to Date - January 2022 vs January 2019 Participation
Percent Change from Exchange Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2019 Currency Rate to 2019
Countries 2022 2019 2022 2019 2022 2019 Occ ADR RevPAR ISO Code USD 2022 2019 2022 2019 2022 2019 Occ ADR RevPAR Census Sample Census Sample
Algeria 25.1 46.6 13544.39 14262.66 3400.80 6640.43 -46.1 -5.0 -48.8 DZD 140.0219 25.1 46.6 13544.39 14262.66 3400.80 6640.43 -46.1 -5.0 -48.8 88 21 10,492 4,539
Bahrain 35.4 54.6 57.12 59.52 20.24 32.48 -35.1 -4.0 -37.7 BHD 0.376 35.4 54.6 57.12 59.52 20.24 32.48 -35.1 -4.0 -37.7 157 51 17,602 8,461
Egypt 52.4 61.5 1520.72 1378.60 796.43 847.66 -14.8 10.3 -6.0 EGP 15.70891 52.4 61.5 1520.72 1378.60 796.43 847.66 -14.8 10.3 -6.0 636 100 168,481 38,028
Jordan 25.2 41.0 93.54 81.92 23.53 33.60 -38.7 14.2 -30.0 JOD 0.7065 25.2 41.0 93.54 81.92 23.53 33.60 -38.7 14.2 -30.0 209 36 19,820 9,255
Kenya 31.6 38.3 10300.47 11340.63 3252.87 4349.09 -17.7 -9.2 -25.2 KES 112.0916 31.6 38.3 10300.47 11340.63 3252.87 4349.09 -17.7 -9.2 -25.2 251 29 21,259 4,314
Kuwait 26.3 53.0 63.08 61.57 16.58 32.62 -50.4 2.5 -49.2 KWD 0.30255 26.3 53.0 63.08 61.57 16.58 32.62 -50.4 2.5 -49.2 59 26 8,452 5,642
Lebanon 34.3 50.3 654343.84 247913.31 224538.08 124644.47 -31.7 163.9 80.1 LBP 1473.981 34.3 50.3 654343.84 247913.31 224538.08 124644.47 -31.7 163.9 80.1 85 19 7,846 2,807
Mauritius 46.8 72.6 17162.87 10922.60 8038.77 7930.71 -35.5 57.1 1.4 MUR 41.787 46.8 72.6 17162.87 10922.60 8038.77 7930.71 -35.5 57.1 1.4 104 26 13,716 3,905
Morocco 12.8 50.9 935.28 996.32 119.79 507.13 -74.8 -6.1 -76.4 MAD 9.10919 12.8 50.9 935.28 996.32 119.79 507.13 -74.8 -6.1 -76.4 514 89 56,936 15,439
Namibia 22.8 38.6 892.75 1107.72 203.88 427.07 -40.8 -19.4 -52.3 NAD 15.63 22.8 38.6 892.75 1107.72 203.88 427.07 -40.8 -19.4 -52.3 63 10 3,080 1,031
Nigeria 57.3 51.3 57523.04 50303.95 32981.03 25809.94 11.7 14.4 27.8 NGN 415.16 57.3 51.3 57523.04 50303.95 32981.03 25809.94 11.7 14.4 27.8 128 25 14,590 4,282
Oman 40.7 62.4 54.22 67.01 22.05 41.82 -34.8 -19.1 -47.3 OMR 0.3835094 40.7 62.4 54.22 67.01 22.05 41.82 -34.8 -19.1 -47.3 241 68 20,521 10,693
Qatar 57.8 65.5 374.29 356.77 216.48 233.71 -11.7 4.9 -7.4 QAR 3.64 57.8 65.5 374.29 356.77 216.48 233.71 -11.7 4.9 -7.4 138 137 29,465 29,442
Saudi Arabia 49.5 56.3 488.60 463.57 241.68 260.80 -12.1 5.4 -7.3 SAR 3.7514 49.5 56.3 488.60 463.57 241.68 260.80 -12.1 5.4 -7.3 990 251 129,786 64,491
South Africa 40.4 53.6 1338.47 1397.88 540.25 749.83 -24.8 -4.2 -28.0 ZAR 15.57555 40.4 53.6 1338.47 1397.88 540.25 749.83 -24.8 -4.2 -28.0 1,122 260 82,067 32,633
Tanzania 37.5 44.8 334168.52 341843.48 125372.16 153125.69 -16.2 -2.2 -18.1 TZS 2262.839 37.5 44.8 334168.52 341843.48 125372.16 153125.69 -16.2 -2.2 -18.1 169 25 9,209 2,349
Tunisia 24.6 37.1 175.14 196.82 43.06 73.07 -33.8 -11.0 -41.1 TND 2.9005 24.6 37.1 175.14 196.82 43.06 73.07 -33.8 -11.0 -41.1 379 26 78,217 6,483
United Arab Emirates 70.3 78.9 728.27 617.24 511.64 486.90 -10.9 18.0 5.1 AED 3.67265 70.3 78.9 728.27 617.24 511.64 486.90 -10.9 18.0 5.1 1,028 534 196,761 144,389
Zambia 19.8 31.7 1482.30 1428.65 293.08 452.84 -37.6 3.8 -35.3 ZMW 17.95433 19.8 31.7 1482.30 1428.65 293.08 452.84 -37.6 3.8 -35.3 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 77.8 388.27 443.54 280.06 345.25 -7.3 -12.5 -18.9 AED 3.67265 72.1 77.8 388.27 443.54 280.06 345.25 -7.3 -12.5 -18.9 138 90 30,392 25,326
Amman 32.1 43.8 97.57 90.48 31.35 39.63 -26.7 7.8 -20.9 JOD 0.7065 32.1 43.8 97.57 90.48 31.35 39.63 -26.7 7.8 -20.9 157 17 12,857 4,746
Beirut 36.2 53.1 662792.09 241680.17 239668.18 128271.45 -31.9 174.2 86.8 LBP 1473.981 36.2 53.1 662792.09 241680.17 239668.18 128271.45 -31.9 174.2 86.8 56 17 5,350 2,437
Cairo & Giza 60.9 75.6 1805.90 1834.70 1099.13 1387.29 -19.5 -1.6 -20.8 EGP 15.70891 60.9 75.6 1805.90 1834.70 1099.13 1387.29 -19.5 -1.6 -20.8 106 44 24,903 16,008
Cape Town Centre 49.0 66.3 1847.56 1979.92 905.00 1312.04 -26.1 -6.7 -31.0 ZAR 15.57555 49.0 66.3 1847.56 1979.92 905.00 1312.04 -26.1 -6.7 -31.0 135 48 12,702 6,191
Casablanca 8.8 49.4 672.90 989.53 59.01 489.16 -82.3 -32.0 -87.9 MAD 9.10919 8.8 49.4 672.90 989.53 59.01 489.16 -82.3 -32.0 -87.9 78 24 8,420 3,946
Dar Es Salaam 32.7 40.1 201267.53 251856.99 65878.52 100927.89 -18.3 -20.1 -34.7 TZS 2262.839 32.7 40.1 201267.53 251856.99 65878.52 100927.89 -18.3 -20.1 -34.7 28 14 2,567 1,436
Doha Centre 67.4 67.7 310.55 276.57 209.25 187.23 -0.5 12.3 11.8 QAR 3.64 67.4 67.7 310.55 276.57 209.25 187.23 -0.5 12.3 11.8 77 76 11,937 11,914
Dubai 70.7 81.5 849.83 700.71 600.90 571.16 -13.3 21.3 5.2 AED 3.67265 70.7 81.5 849.83 700.71 600.90 571.16 -13.3 21.3 5.2 674 368 138,005 103,516
Jeddah 46.3 48.9 566.99 662.61 262.69 323.96 -5.2 -14.4 -18.9 SAR 3.7514 46.3 48.9 566.99 662.61 262.69 323.96 -5.2 -14.4 -18.9 90 47 12,611 8,503
Johannesburg Area 17.3 38.1 1032.34 973.69 178.40 371.09 -54.7 6.0 -51.9 ZAR 15.57555 17.3 38.1 1032.34 973.69 178.40 371.09 -54.7 6.0 -51.9 70 12 5,235 1,552
Lagos Area 60.0 52.9 56816.35 47761.05 34073.76 25274.88 13.3 19.0 34.8 NGN 415.16 60.0 52.9 56816.35 47761.05 34073.76 25274.88 13.3 19.0 34.8 48 15 6,028 2,346
Manama 35.9 54.9 56.29 58.42 20.21 32.05 -34.5 -3.6 -36.9 BHD 0.376 35.9 54.9 56.29 58.42 20.21 32.05 -34.5 -3.6 -36.9 149 48 16,865 8,076
Muscat 42.7 60.5 47.63 68.44 20.33 41.39 -29.4 -30.4 -50.9 OMR 0.3835094 42.7 60.5 47.63 68.44 20.33 41.39 -29.4 -30.4 -50.9 116 40 11,569 7,273
Nairobi 31.3 38.6 10440.66 11065.90 3272.45 4268.77 -18.7 -5.7 -23.3 KES 112.0916 31.3 38.6 10440.66 11065.90 3272.45 4268.77 -18.7 -5.7 -23.3 75 25 8,164 4,105
Riyadh 71.1 56.2 653.50 594.69 464.50 334.08 26.5 9.9 39.0 SAR 3.7514 71.1 56.2 653.50 594.69 464.50 334.08 26.5 9.9 39.0 120 67 18,884 14,294
Sandton Area 29.5 51.1 1073.53 1253.77 317.03 640.32 -42.2 -14.4 -50.5 ZAR 15.57555 29.5 51.1 1073.53 1253.77 317.03 640.32 -42.2 -14.4 -50.5 80 30 9,975 4,880
Sharm El Sheikh 53.6 47.6 1269.20 905.66 679.71 431.17 12.5 40.1 57.6 EGP 15.70891 53.6 47.6 1269.20 905.66 679.71 431.17 12.5 40.1 57.6 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited
and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (US Dollars) - Standard Data 2019 Comparison
For the Month of: January 2022

January 2022 vs January 2019 Year to Date - January 2022 vs January 2019 Participation
Percent Change from Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2019 2019
2022 2019 2022 2019 2022 2019 Occ ADR RevPAR 2022 2019 2022 2019 2022 2019 Occ ADR RevPAR Census Sample Census Sample
Middle East / Africa 52.5 61.7 160.34 139.72 84.24 86.14 -14.8 14.8 -2.2 52.5 61.7 160.34 139.72 84.24 86.14 -14.8 14.8 -2.2 7,919 1,897 1,005,636 413,963

Countries
Algeria 25.1 46.6 96.73 121.02 24.29 56.35 -46.1 -20.1 -56.9 25.1 46.6 96.73 121.02 24.29 56.35 -46.1 -20.1 -56.9 88 21 10,492 4,539
Bahrain 35.4 54.6 151.93 158.30 53.83 86.38 -35.1 -4.0 -37.7 35.4 54.6 151.93 158.30 53.83 86.38 -35.1 -4.0 -37.7 157 51 17,602 8,461
Egypt 52.4 61.5 96.81 78.17 50.70 48.06 -14.8 23.8 5.5 52.4 61.5 96.81 78.17 50.70 48.06 -14.8 23.8 5.5 636 100 168,481 38,028
Jordan 25.2 41.0 132.41 115.86 33.30 47.51 -38.7 14.3 -29.9 25.2 41.0 132.41 115.86 33.30 47.51 -38.7 14.3 -29.9 209 36 19,820 9,255
Kenya 31.6 38.3 91.89 113.69 29.02 43.60 -17.7 -19.2 -33.4 31.6 38.3 91.89 113.69 29.02 43.60 -17.7 -19.2 -33.4 251 29 21,259 4,314
Kuwait 26.3 53.0 208.49 203.43 54.79 107.79 -50.4 2.5 -49.2 26.3 53.0 208.49 203.43 54.79 107.79 -50.4 2.5 -49.2 59 26 8,452 5,642
Lebanon 34.3 50.3 443.93 164.57 152.33 82.74 -31.7 169.7 84.1 34.3 50.3 443.93 164.57 152.33 82.74 -31.7 169.7 84.1 85 19 7,846 2,807
Mauritius 46.8 72.6 410.72 330.60 192.38 240.04 -35.5 24.2 -19.9 46.8 72.6 410.72 330.60 192.38 240.04 -35.5 24.2 -19.9 104 26 13,716 3,905
Morocco 12.8 50.9 102.67 105.12 13.15 53.50 -74.8 -2.3 -75.4 12.8 50.9 102.67 105.12 13.15 53.50 -74.8 -2.3 -75.4 514 89 56,936 15,439
Namibia 22.8 38.6 57.12 82.85 13.04 31.94 -40.8 -31.1 -59.2 22.8 38.6 57.12 82.85 13.04 31.94 -40.8 -31.1 -59.2 63 10 3,080 1,031
Nigeria 57.3 51.3 138.56 139.15 79.44 71.40 11.7 -0.4 11.3 57.3 51.3 138.56 139.15 79.44 71.40 11.7 -0.4 11.3 128 25 14,590 4,282
Oman 40.7 62.4 141.37 174.65 57.50 109.01 -34.8 -19.1 -47.3 40.7 62.4 141.37 174.65 57.50 109.01 -34.8 -19.1 -47.3 241 68 20,521 10,693
Qatar 57.8 65.5 102.83 98.01 59.47 64.20 -11.7 4.9 -7.4 57.8 65.5 102.83 98.01 59.47 64.20 -11.7 4.9 -7.4 138 137 29,465 29,442
Saudi Arabia 49.5 56.3 130.24 123.77 64.42 69.63 -12.1 5.2 -7.5 49.5 56.3 130.24 123.77 64.42 69.63 -12.1 5.2 -7.5 990 251 129,786 64,491
South Africa 40.4 53.6 85.93 104.88 34.69 56.26 -24.8 -18.1 -38.3 40.4 53.6 85.93 104.88 34.69 56.26 -24.8 -18.1 -38.3 1,122 260 82,067 32,633
Tanzania 37.5 44.8 147.68 147.98 55.40 66.29 -16.2 -0.2 -16.4 37.5 44.8 147.68 147.98 55.40 66.29 -16.2 -0.2 -16.4 169 25 9,209 2,349
Tunisia 24.6 37.1 60.38 64.96 14.85 24.12 -33.8 -7.0 -38.4 24.6 37.1 60.38 64.96 14.85 24.12 -33.8 -7.0 -38.4 379 26 78,217 6,483
United Arab Emirates 70.3 78.9 198.30 168.08 139.31 132.59 -10.9 18.0 5.1 70.3 78.9 198.30 168.08 139.31 132.59 -10.9 18.0 5.1 1,028 534 196,761 144,389
Zambia 19.8 31.7 82.56 119.83 16.32 37.98 -37.6 -31.1 -57.0 19.8 31.7 82.56 119.83 16.32 37.98 -37.6 -31.1 -57.0 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 77.8 105.72 120.78 76.25 94.02 -7.3 -12.5 -18.9 72.1 77.8 105.72 120.78 76.25 94.02 -7.3 -12.5 -18.9 138 90 30,392 25,326
Amman 32.1 43.8 138.10 127.97 44.37 56.05 -26.7 7.9 -20.8 32.1 43.8 138.10 127.97 44.37 56.05 -26.7 7.9 -20.8 157 17 12,857 4,746
Beirut 36.2 53.1 449.66 160.44 162.60 85.15 -31.9 180.3 91.0 36.2 53.1 449.66 160.44 162.60 85.15 -31.9 180.3 91.0 56 17 5,350 2,437
Cairo & Giza 60.9 75.6 114.96 104.03 69.97 78.66 -19.5 10.5 -11.1 60.9 75.6 114.96 104.03 69.97 78.66 -19.5 10.5 -11.1 106 44 24,903 16,008
Cape Town Centre 49.0 66.3 118.62 148.55 58.10 98.44 -26.1 -20.2 -41.0 49.0 66.3 118.62 148.55 58.10 98.44 -26.1 -20.2 -41.0 135 48 12,702 6,191
Casablanca 8.8 49.4 73.87 104.40 6.48 51.61 -82.3 -29.2 -87.4 8.8 49.4 73.87 104.40 6.48 51.61 -82.3 -29.2 -87.4 78 24 8,420 3,946
Dar Es Salaam 32.7 40.1 88.94 109.02 29.11 43.69 -18.3 -18.4 -33.4 32.7 40.1 88.94 109.02 29.11 43.69 -18.3 -18.4 -33.4 28 14 2,567 1,436
Doha Centre 67.4 67.7 85.32 75.98 57.49 51.44 -0.5 12.3 11.8 67.4 67.7 85.32 75.98 57.49 51.44 -0.5 12.3 11.8 77 76 11,937 11,914
Dubai 70.7 81.5 231.40 190.81 163.61 155.54 -13.3 21.3 5.2 70.7 81.5 231.40 190.81 163.61 155.54 -13.3 21.3 5.2 674 368 138,005 103,516
Jeddah 46.3 48.9 151.14 176.91 70.02 86.50 -5.2 -14.6 -19.0 46.3 48.9 151.14 176.91 70.02 86.50 -5.2 -14.6 -19.0 90 47 12,611 8,503
Johannesburg Area 17.3 38.1 66.28 73.06 11.45 27.84 -54.7 -9.3 -58.9 17.3 38.1 66.28 73.06 11.45 27.84 -54.7 -9.3 -58.9 70 12 5,235 1,552
Lagos Area 60.0 52.9 136.85 132.12 82.07 69.92 13.3 3.6 17.4 60.0 52.9 136.85 132.12 82.07 69.92 13.3 3.6 17.4 48 15 6,028 2,346
Manama 35.9 54.9 149.70 155.37 53.76 85.23 -34.5 -3.6 -36.9 35.9 54.9 149.70 155.37 53.76 85.23 -34.5 -3.6 -36.9 149 48 16,865 8,076
Muscat 42.7 60.5 124.19 178.37 53.01 107.89 -29.4 -30.4 -50.9 42.7 60.5 124.19 178.37 53.01 107.89 -29.4 -30.4 -50.9 116 40 11,569 7,273
Nairobi 31.3 38.6 93.14 110.94 29.19 42.79 -18.7 -16.0 -31.8 31.3 38.6 93.14 110.94 29.19 42.79 -18.7 -16.0 -31.8 75 25 8,164 4,105
Riyadh 71.1 56.2 174.20 158.78 123.82 89.20 26.5 9.7 38.8 71.1 56.2 174.20 158.78 123.82 89.20 26.5 9.7 38.8 120 67 18,884 14,294
Sandton Area 29.5 51.1 68.92 94.07 20.35 48.04 -42.2 -26.7 -57.6 29.5 51.1 68.92 94.07 20.35 48.04 -42.2 -26.7 -57.6 80 30 9,975 4,880
Sharm El Sheikh 53.6 47.6 80.80 51.35 43.27 24.45 12.5 57.3 77.0 53.6 47.6 80.80 51.35 43.27 24.45 12.5 57.3 77.0 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR
Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
Country and Market Performance (Euros) - Standard Data 2019 Comparison
For the Month of: January 2022

January 2022 vs January 2019 Year to Date - January 2022 vs January 2019 Participation
Percent Change from Percent Change from YTD
Occ (%) ADR RevPAR Occ (%) ADR RevPAR Properties Rooms
January 2019 2019
2022 2019 2022 2019 2022 2019 Occ ADR RevPAR 2022 2019 2022 2019 2022 2019 Occ ADR RevPAR Census Sample Census Sample
Middle East / Africa 52.5 61.7 143.78 121.62 75.54 74.98 -14.8 18.2 0.7 52.5 61.7 143.78 121.62 75.54 74.98 -14.8 18.2 0.7 7,919 1,897 1,005,636 413,963

Countries
Algeria 25.1 46.6 86.74 105.35 21.78 49.05 -46.1 -17.7 -55.6 25.1 46.6 86.74 105.35 21.78 49.05 -46.1 -17.7 -55.6 88 21 10,492 4,539
Bahrain 35.4 54.6 136.24 137.80 48.28 75.19 -35.1 -1.1 -35.8 35.4 54.6 136.24 137.80 48.28 75.19 -35.1 -1.1 -35.8 157 51 17,602 8,461
Egypt 52.4 61.5 86.81 68.04 45.46 41.84 -14.8 27.6 8.7 52.4 61.5 86.81 68.04 45.46 41.84 -14.8 27.6 8.7 636 100 168,481 38,028
Jordan 25.2 41.0 118.73 100.86 29.87 41.36 -38.7 17.7 -27.8 25.2 41.0 118.73 100.86 29.87 41.36 -38.7 17.7 -27.8 209 36 19,820 9,255
Kenya 31.6 38.3 82.41 98.97 26.02 37.95 -17.7 -16.7 -31.4 31.6 38.3 82.41 98.97 26.02 37.95 -17.7 -16.7 -31.4 251 29 21,259 4,314
Kuwait 26.3 53.0 186.96 177.08 49.13 93.83 -50.4 5.6 -47.6 26.3 53.0 186.96 177.08 49.13 93.83 -50.4 5.6 -47.6 59 26 8,452 5,642
Lebanon 34.3 50.3 398.09 143.26 136.61 72.03 -31.7 177.9 89.7 34.3 50.3 398.09 143.26 136.61 72.03 -31.7 177.9 89.7 85 19 7,846 2,807
Mauritius 46.8 72.6 368.32 287.78 172.51 208.96 -35.5 28.0 -17.4 46.8 72.6 368.32 287.78 172.51 208.96 -35.5 28.0 -17.4 104 26 13,716 3,905
Morocco 12.8 50.9 92.07 91.50 11.79 46.58 -74.8 0.6 -74.7 12.8 50.9 92.07 91.50 11.79 46.58 -74.8 0.6 -74.7 514 89 56,936 15,439
Namibia 22.8 38.6 51.22 72.12 11.70 27.81 -40.8 -29.0 -57.9 22.8 38.6 51.22 72.12 11.70 27.81 -40.8 -29.0 -57.9 63 10 3,080 1,031
Nigeria 57.3 51.3 124.25 121.13 71.24 62.15 11.7 2.6 14.6 57.3 51.3 124.25 121.13 71.24 62.15 11.7 2.6 14.6 128 25 14,590 4,282
Oman 40.7 62.4 126.77 152.04 51.56 94.89 -34.8 -16.6 -45.7 40.7 62.4 126.77 152.04 51.56 94.89 -34.8 -16.6 -45.7 241 68 20,521 10,693
Qatar 57.8 65.5 92.21 85.32 53.33 55.89 -11.7 8.1 -4.6 57.8 65.5 92.21 85.32 53.33 55.89 -11.7 8.1 -4.6 138 137 29,465 29,442
Saudi Arabia 49.5 56.3 116.80 107.74 57.77 60.62 -12.1 8.4 -4.7 49.5 56.3 116.80 107.74 57.77 60.62 -12.1 8.4 -4.7 990 251 129,786 64,491
South Africa 40.4 53.6 77.06 91.30 31.10 48.97 -24.8 -15.6 -36.5 40.4 53.6 77.06 91.30 31.10 48.97 -24.8 -15.6 -36.5 1,122 260 82,067 32,633
Tanzania 37.5 44.8 132.43 128.81 49.68 57.70 -16.2 2.8 -13.9 37.5 44.8 132.43 128.81 49.68 57.70 -16.2 2.8 -13.9 169 25 9,209 2,349
Tunisia 24.6 37.1 54.15 56.55 13.31 20.99 -33.8 -4.2 -36.6 24.6 37.1 54.15 56.55 13.31 20.99 -33.8 -4.2 -36.6 379 26 78,217 6,483
United Arab Emirates 70.3 78.9 177.82 146.32 124.93 115.42 -10.9 21.5 8.2 70.3 78.9 177.82 146.32 124.93 115.42 -10.9 21.5 8.2 1,028 534 196,761 144,389
Zambia 19.8 31.7 74.04 104.31 14.64 33.07 -37.6 -29.0 -55.7 19.8 31.7 74.04 104.31 14.64 33.07 -37.6 -29.0 -55.7 43 16 3,405 1,664

Markets
Abu Dhabi 72.1 77.8 94.80 105.14 68.38 81.84 -7.3 -9.8 -16.4 72.1 77.8 94.80 105.14 68.38 81.84 -7.3 -9.8 -16.4 138 90 30,392 25,326
Amman 32.1 43.8 123.84 111.39 39.79 48.79 -26.7 11.2 -18.5 32.1 43.8 123.84 111.39 39.79 48.79 -26.7 11.2 -18.5 157 17 12,857 4,746
Beirut 36.2 53.1 403.23 139.66 145.81 74.12 -31.9 188.7 96.7 36.2 53.1 403.23 139.66 145.81 74.12 -31.9 188.7 96.7 56 17 5,350 2,437
Cairo & Giza 60.9 75.6 103.09 90.56 62.74 68.47 -19.5 13.8 -8.4 60.9 75.6 103.09 90.56 62.74 68.47 -19.5 13.8 -8.4 106 44 24,903 16,008
Cape Town Centre 49.0 66.3 106.37 129.32 52.10 85.69 -26.1 -17.7 -39.2 49.0 66.3 106.37 129.32 52.10 85.69 -26.1 -17.7 -39.2 135 48 12,702 6,191
Casablanca 8.8 49.4 66.24 90.88 5.81 44.93 -82.3 -27.1 -87.1 8.8 49.4 66.24 90.88 5.81 44.93 -82.3 -27.1 -87.1 78 24 8,420 3,946
Dar Es Salaam 32.7 40.1 79.76 94.91 26.11 38.03 -18.3 -16.0 -31.4 32.7 40.1 79.76 94.91 26.11 38.03 -18.3 -16.0 -31.4 28 14 2,567 1,436
Doha Centre 67.4 67.7 76.51 66.14 51.55 44.77 -0.5 15.7 15.1 67.4 67.7 76.51 66.14 51.55 44.77 -0.5 15.7 15.1 77 76 11,937 11,914
Dubai 70.7 81.5 207.50 166.10 146.72 135.39 -13.3 24.9 8.4 70.7 81.5 207.50 166.10 146.72 135.39 -13.3 24.9 8.4 674 368 138,005 103,516
Jeddah 46.3 48.9 135.54 154.00 62.79 75.29 -5.2 -12.0 -16.6 46.3 48.9 135.54 154.00 62.79 75.29 -5.2 -12.0 -16.6 90 47 12,611 8,503
Johannesburg Area 17.3 38.1 59.44 63.60 10.27 24.24 -54.7 -6.5 -57.6 17.3 38.1 59.44 63.60 10.27 24.24 -54.7 -6.5 -57.6 70 12 5,235 1,552
Lagos Area 60.0 52.9 122.72 115.01 73.60 60.86 13.3 6.7 20.9 60.0 52.9 122.72 115.01 73.60 60.86 13.3 6.7 20.9 48 15 6,028 2,346
Manama 35.9 54.9 134.24 135.25 48.21 74.19 -34.5 -0.7 -35.0 35.9 54.9 134.24 135.25 48.21 74.19 -34.5 -0.7 -35.0 149 48 16,865 8,076
Muscat 42.7 60.5 111.36 155.27 47.54 93.92 -29.4 -28.3 -49.4 42.7 60.5 111.36 155.27 47.54 93.92 -29.4 -28.3 -49.4 116 40 11,569 7,273
Nairobi 31.3 38.6 83.53 96.57 26.18 37.25 -18.7 -13.5 -29.7 31.3 38.6 83.53 96.57 26.18 37.25 -18.7 -13.5 -29.7 75 25 8,164 4,105
Riyadh 71.1 56.2 156.22 138.22 111.04 77.65 26.5 13.0 43.0 71.1 56.2 156.22 138.22 111.04 77.65 26.5 13.0 43.0 120 67 18,884 14,294
Sandton Area 29.5 51.1 61.81 81.89 18.25 41.82 -42.2 -24.5 -56.4 29.5 51.1 61.81 81.89 18.25 41.82 -42.2 -24.5 -56.4 80 30 9,975 4,880
Sharm El Sheikh 53.6 47.6 72.45 44.70 38.80 21.28 12.5 62.1 82.3 53.6 47.6 72.45 44.70 38.80 21.28 12.5 62.1 82.3 151 19 47,778 10,303

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment, tax, accounting or legal advice. Reproduction or distribution of this STR
Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC / STR Global, Ltd. trading as "STR".
 Market Performance Graphs - Standard Data 2019 Comparison
For the Month of: January 2022

Top 5 Markets: Occupancy Percent Change Bottom 5 Markets: Occupancy Percent Change
YTD January 2022 vs YTD January 2019 YTD January 2022 vs YTD January 2019
Jeddah -5.2 Riyadh Beirut -31.9
30.0 0.0
Doha Centre -0.5 26.5 Manama -34.5
25.0 Sharm El Sheikh 12.5 -10.0 Sandton Area -42.2
Lagos Area 13.3 Johannesburg Area
-54.7
Riyadh 26.5 -20.0 Casablanca -82.3
20.0
Sharm El Sheikh Lagos Area -30.0
15.0 12.5 13.3
Beirut
-40.0 Manama
-31.9
10.0 -34.5 Sandton Area
-50.0
-42.2
5.0
-60.0 Johannesburg Area
-54.7
0.0 -70.0
Doha Centre
-5.0 -0.5 -80.0
Jeddah
Casablanca
-10.0 -5.2 -90.0
-82.3

Top 5 Markets: RevPAR Percent Change Bottom 5 Markets: RevPAR Percent Change
YTD January 2022 vs YTD January 2019 YTD January 2022 vs YTD January 2019
Doha Centre
100.0 11.8 Beirut Cape Town Centre
-41.0
Lagos Area 17.4 91.0 0.0 Muscat -50.9
90.0 Sharm El Sheikh
Riyadh 38.8 -10.0 Sandton Area -57.6
80.0 El Sheikh77.0 77.0
Sharm -20.0
Johannesburg Area
-58.9
Beirut
70.0 91.0 Casablanca -87.4
-30.0
60.0
-40.0
50.0 Riyadh Cape Town Centre
-50.0
38.8 -41.0
40.0 Muscat
-60.0
-50.9 Sandton AreaJohannesburg Area
30.0 Lagos Area -70.0 -57.6 -58.9
Doha Centre 17.4
20.0 -80.0
11.8
10.0 -90.0
Casablanca
0.0 -100.0 -87.4

2022 © CoStar Group. This STR Report is a publication of STR, LLC and STR Global, Ltd., CoStar Group companies, and is intended solely for use by paid subscribers. The information in the STR Report is provided on an “as is” and “as available” basis and should not be construed as investment,
tax, accounting or legal advice. Reproduction or distribution of this STR Report, in whole or part, without written permission is prohibited and subject to legal action. If you have received this report and are NOT a subscriber to this STR Report, please contact us immediately. Source: 2022 STR, LLC /
STR Global, Ltd. trading as "STR".
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