Abu Dhabi hotels register increase in revenues in Q1 of 2019
The emirate recorded a growth of 16%
Latest figures released by the Department of Culture and Tourism - Abu Dhabi revealed that the emirate registered a 16% growth in hotel revenues in Q1 2019.
Other performance indicators too saw a growth. While the average room revenue increased by 15%, occupancy rates shot up by 79% and RevPAR increased by 24.5%. Officials also revealed that F&B revenues too increased by 10.4%.
Hotels in the emirate recorded an increase of 6,600 visitors, taking the total up to 1,291,482 visitors. Data also revealed that the Al Ain region recorded the highest number of hotel guests in the emirate with a total of 132,751 guests, an increase of 19.8% since last year.
Talking about this growth, HE Saif Saeed Ghobash, Undersecretary, DCT Abu Dhabi, said: “The Q1 figures were without doubt boosted by visitors inspired by all Abu Dhabi offered in the first three months of the year. We will continue to focus on our key markets in the second quarter of this year, promoting more world-class events. Abu Dhabi International Book Fair saw an increase of 18% in visitor figures, attracting experts, authors and book fans from across the world.”
Officials attributed this growth to several events such as the AFC Asian Cup, IDEX exhibition, Special Olympics World Games, and the Retail Abu Dhabi (RAD) shopping festival, in addition to new attractions including Warner Bros. World Abu Dhabi, the Al Hosn cultural site and Qasr Al Watan Library.
Despite the rise in performace indicators in Abu Dhabi, Bahrain and Egypt, the Middle East's overall performance witnessed a drop in RevPAR and ADR.