Tag: Abu Dhabi

Finance and Development, Markets

STR Reports Abu Dhabi Hotel Occupancy Reached Pandemic-era High in November

December 13, 2021

Via: Hotel News Resource

Abu 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

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% […]