STR: Abu Dhabi Hotel Occupancy Reached Pandemic-Era High in November

Today's News Hudini and Orascom Hotels Management Begin Global Rollout of New Staff Connect Platform

STR: Abu Dhabi Hotel Occupancy Reached Pandemic-Era High in November

By Isabel Crowther|2021-12-13T15:21:26-05:00December 13th, 2021|

STR | December 13, 2021

STR: Abu Dhabi Hotel Occupancy Reached Pandemic-Era High in November

Abu Dhabi’s hotel industry reported its highest monthly occupancy level since the beginning of the pandemic, according to preliminary November 2021 data from STR.

Occupancy: 77.1%
Average daily rate (ADR): AED496.50
Revenue per available room (RevPAR): AED382.65

The market’s occupancy level was its highest since February 2020, while the ADR and RevPAR levels were the highest since December 2019 and November 2019, respectively.

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About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

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STR: Abu Dhabi Hotel Occupancy Reached Pandemic-Era High in November

Today's News Hudini and Orascom Hotels Management Begin Global Rollout of New Staff Connect Platform