Finance and Development, Markets
December 13, 2021
Via: Hotel News ResourceAbu 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 […]
Finance and Development, Markets
June 11, 2020
Via: Hospitality NetAbu 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% […]
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