Qatar’s hospitality sector recorded a significant 29 percent increase in hotel occupancy rates in the second quarter of 2023 compared to the same period last year, with occupancy levels
reaching 69 percent. This growth can be attributed to new hotel openings and a rise in tourist arrivals, according to a report by consulting firm ValuStrat.
Between April and June, the Average Daily Rate (ADR) for hotels increased by 7 percent year-on-year, reaching $124 (Dh455). Additionally, Revenue Per Available Room (RevPAR) saw a 38 percent rise, climbing to $85 (Dh312).
This surge in occupancy is largely driven by the expansion of Qatar’s entertainment and leisure sectors. A major factor contributing to this growth is the government’s launch of the Simaisma Project, a $5.4 billion (Dh19.8 billion) cultural and entertainment development initiated by Qatari Diar.
The Simaisma Project spans 8 million square meters and includes luxury resorts, an amusement park, residential villas, a yacht club, a marina, a golf course, restaurants, and retail outlets, significantly enhancing Qatar's appeal as a tourist destination.
According to Qatar Tourism data, the country’s total hospitality inventory now consists of 39,915 units, with 74 percent comprising hotel rooms and the remaining 26 percent being hotels and serviced apartments. Photo by Ceslou, Wikimedia commons.
