Tag: Abu Dhabi hotels

Finance and Development, Markets

STR: Preliminary May data for Abu Dhabi hotels

June 11, 2020

Via: Hospitality Net

Abu Dhabi’s hotel industry reported improved but still relatively low performance levels, according to preliminary May data from STR. Compared with May 2019: Occupancy: +5.7% to 55.2% Average daily rate (ADR): -26.3% to AED251.40 Revenue per available room (RevPAR): -22.1% […]