Source: STR | Sep 24, 2019

STR: Africa Hotel Revenue Per Available Room (RevPAR) up for 87 Consecutive Months

Using a 12-month moving average and U.S. dollar constant currency to remove the impact of currency fluctuations, Africa’s RevPAR was up 6.4% to US$67.10 as of August 2019

Revenue per available room (RevPAR), the key hotel industry performance metric, has grown for 87 consecutive months amid a period of low supply growth and strong demand, according to STR (https://STR.com/) director Thomas Emanuel in his presentation at the Africa Hotel Investment Forum (https://www.AHIF.com/) (AHIF). Using a 12-month moving average…