Quarterly Report Qatar Q4 2020: Hospitality Market Overview – Cushman & Wakefield Qatar

Press Releases

February 21, 2021

Quarterly Report Qatar Q4 2020: Hospitality Market Overview

The COVID-19 pandemic hits occupancy rates and revenues for 2022

According to National Tourism Council Statistics, the supply of hotel keys increased to 28,249, by September 2020, a 5% increase in 12 months. More than 20,000 additional hotel keys are currently under construction and will complete before the FIFA World Cup in 2022. The COVID-19 pandemic delayed the delivery of new
hotels in 2020, which is likely to result in a sharp increase in
supply in 2021.

The most recently released statistics from the NTC show that COVID-19 lockdown measures severely impacted hotel performance from March of 2020, after a promising start to the year. Despite an increase in year-on-year tourist arrivals by 32% in January and February, year-to-date arrivals had fallen by 63%
by the end of September.

Overall, Qatar’s hotel occupancy rates reached 69% in February 2020, underscoring the improving performance in the tourism sector; however, the introduction of lockdown measures resulted in an immediate drop to 55% in March. While the government utilised several hotels for quarantine purposes throughout the year, the occupancy rates for available hotels fell to between 44% and 46% during the summer months.

Overall Average Daily Rates fell to below QAR 297 in May but recovered to QAR 437 in August. Average Daily Rates had dropped just 2% on 2019 figures for the nine months to the end of September.

The approval of a COVID-19 vaccine for use in Q4 was welcome news to the hospitality sector. Despite this positive development, hotel performance metrics are unlikely to improve significantly for several months as governments take a cautious approach to re-opening and travel until vaccinations have been widely rolled out.

The lifting of the blockade of Qatar by the Saudi-led coalition in January is expected to provide a timely boost to Qatar’s hospitality sector – although COVID-19 restrictions will delay the return of visitors. Before the introduction of the blockade, tourism from within the GCC contributed almost 50% of all arrivals to Qatar.

Cushman & Wakefield Quarterly Report Qatar Q4 2020

To find a property for lease in Doha, please click here to start your property search.


As Qatar’s oldest established global real estate advisor, our team can help you to find the ideal home or office to rent in Doha’s competitive property market.

Get in touch today to see how we can help.

Cushman and Wakefield Qatar
15th Floor Tornado Tower
West Bay
P.O. Box 37584
State of Qatar

Email: infoqatar@cushwake.qa
Tel: +974 44837398, +974 44837388
Mobile: +974 33541237

    Cushman & Wakefield Qatar will use the information you provide on this form to respond to your enquiry, to provide updates and marketing. Please let us know the ways you would like to hear from us: