Dubai’s hotels record 11.3% drop in ADR, 14.55% drop in RevPAR
However, the emirate’s occupancy rates have increased
Dubai’s hotels have recorded a drop in their average daily rate (ADR) and revenue per available room (RevPAR) in Q1 of 2019, according to figures released by Dubai’s department of tourism. However, the occupancy rates have risen, compared to the same period last year.
ADR, according to data, dropped by 11.3% from AED562 last year to AED498 in 2019, while RevPAR decreased by 14.55% from AED488 to AED417.
Meanwhile, occupancy rates increased by 4.35% from 8.27 million last year to 8.63 million this year.
According to data from STR, hotels in the Middle East recorded a drop in ADR and RevPAR, however Abu Dhabi and Bahrain registered a positive growth in all their performance indicators.