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Dubai hotel occupancy up 12pc in June

Beirut, August 6, 2011

Dubai’s hotels witnessed a significant increase in occupancy of 12 per cent to reach 70 per cent during the month of June despite increased supply, said a report.

The city’s hotels also witnessed an increase of 14 per cent in RevPAR (revenue per available room) to reach $111 during the month of June, added the Deloitte Analysis of Selected STR Global Hotel Performance Data for the Middle East.

The city conducted events such as Middle East Event Show, Dubai Summer Surprise & GCC Job Localization Challenges Conference contributing to the increase in occupancy as well as RevPAR in June, the report said.

RevPAR in the Middle East (YTD) has been recorded at $127 during June, compared to $90 in Europe, $90 in the Asia Pacific region, and $61 in the Americas.

Occupancy in the Middle East was recorded at 59.2 per cent during the month of June, representing an increase of 4.3 per cent compared to the corresponding period in 2010.

The region’s RevPAR witnessed an increase of 5.3 per cent to $ 96 during the month of June.

Abu Dhabi’s occupancy during the month of June 2011 was 60.9 per cent, compared to 55.7 per cent during the corresponding period in 2010. RevPAR in the city was $79 during the month of June 2011, compared to $86 during the corresponding period in 2010.

Events such as Summer in Abu Dhabi & ICICI Bank Home Utsav 2011 helped the city experience an increase in occupancy, the report said.

Hotels in Beirut witnessed occupancy of 64.5 per cent during the month of June 2011 compared to 67.6 per cent during the corresponding period in 2010.

RevPAR for the city witnessed a decline of 15.1 per cent to $136 during the month of June.

Jeddah’s occupancy was recorded at 78.2 per cent during the month of June 2011 with an increase of 12.8 per cent from the corresponding period in 2010. RevPAR for the city witnessed a significant increase of 26.4 per cent to reach $168 during the month of June 2011, compared to $133 in the corresponding period in 2010.

Events such as Saudi International Petrochemical Technologies Conference & Hail Tourism Festival 2011 contributed towards the achievement of increased occupancy in the city during the month of June. – TradeArabia News Service




Tags: abu dhabi | Middle East | RevPAR | Occupancy | Dubai hotels |

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