abu dhabi hotels
STR: Abu Dhabi Hotels Recorded Higher Occupancy in August
STR | September 19, 2022
LONDON – Abu Dhabi’s hotel industry recorded higher occupancy than the month prior, but lower room rates, according to preliminary August 2022 data from STR. Occupancy: 65.2% Average daily rate (ADR): AED335.49 Revenue per available room (RevPAR): AED218.90 Despite the month-over-month increase, the occupancy level remained slightly below the pre-pandemic comparable (-2.8%). RevPAR also came in higher than the prior month and was 2.7% above the August 2019 level. While ADR surpassed the pre-pandemic comparable (+5.6%), it was the lowest level for any month since September 2021. All of STR’s COVID-19 analysis can be fou...
STR: Abu Dhabi and Dubai Hotels Exceeded 2019 Eid al-Fitr Performance
STR | May 19, 2022
LONDON—The Abu Dhabi and Dubai hotel industries recorded occupancy and average daily rate (ADR) that exceeded the 2019 Eid al-Fitr comparables, according to preliminary data from STR. When looking at the Eid date (2 May 2022) in the United Arab Emirates, Abu Dhabi’s hotel occupancy reached 79.1%, which was 4.5% higher than 4 June 2019. Similarly, Dubai’s occupancy came in at 75.4%, which was 19.7% higher than the pre-pandemic comparable. “This high performance is yet another sign of recovery and demand momentum for the Middle East,” said Philip Wooller, STR’s senior director, Middle East & Africa. “While the...
