Hotels in Dubai reported significant declines in both average daily rate (ADR) and revenue per available room (RevPAR) in March, according to preliminary data from research firm STR.
The steepest fall was in RevPAR, which slid 11
Hotels in Abu Dhabi saw average daily rates reach its highest in two years this February, according to new figures.
STR’s preliminary February data showed that Abu Dhabi's hospitality sector recorded a 17.9 per cent incr
Abu Dhabi's hospitality sector reported sharp declines across key performance metrics in January 2017, with the steepest fall recorded in revenue per available room (RevPAR), which fell 11.2 per cent to Dh345.68 ($94) year-on-year, said a re
Dubai’s hospitality market was the top performer in November 2016 in the Middle East and North Africa region, representing the highest occupancy at 89.5 per cent and highest revenue per average room (RevPAR) of $250, said a EY report.
Abu Dhabi's hospitality sector reported declines across key performance metrics in November, with the steepest fall recorded in revenue per available room (RevPAR), which fell 13.8 per cent to Dh534.97 ($145.6) year on year, said a report.
Average daily rates (ADRs) in Jeddah hotels have also shown strong performance over the summer months (increasing by 5 per cent compared to the same period last year) due to domestic tourism during the summer holidays and the Haj pilgrimage in S
Abu Dhabi hotels saw occupancy levels increase by 3.7 per cent to 61.6 per cent in July compared to the same period in 2015.
According to preliminary July 2016 data for Abu Dhabi by STR - a leading market research firm - the emira
Hotels in Abu Dhabi reported a stronger performance across key performance metrics in May with occupancy levels jumping 1.3 per cent to 74.4 per cent year-over-year, said a report.
The UAE capital's hospitality sector al
Dubai experienced a slow April this year when hotel occupancy levels, average-daily-rate (ADR) and revenue-per-available room (RevPAR) dipped in comparison to the same period in 2015, reports showed.
Despite increases in supply (o
Dubai recorded 2016’s highest first-quarter average daily rate (ADR) among major markets around the world, marking the 12th consecutive year that the emirate has led this group of markets in Q1 ADR, said a report.