Abu Dhabi's Q4 2018 hotel revenues hit US$483m

The fourth quarter of 2018 was positive for the capital of the United Arab Emirates when compared to Q3 2018

Travel, Tourism

According to the Statistics Centre - Abu Dhabi (SCAD), Abu Dhabi's hotel revenues in the fourth quarter of 2018 rose to US$483m from $283m in the third quarter.

Average length of stay in Q4 2018 was 2.7 nights, compared to 2.3 in Q3 2018. The number of guests in that period also increased to 1.34 million from 1.29 million in the third quarter of 2018. Occupancy rates also increased alongside this change, with the fourth quarter showing 78% occupancy as compared to 66% in the third quarter.

Average room rates in Q4 2018 were reported as AED427 ($116), moving up from AED283 ($77) in Q3 2018. However, this is slightly lower compared to the same period (Q4) in 2017, when average room rates stood at AED 440 ($120).

Did you like this story?
Click here for more

 

For all the latest hospitality news from UAE, Gulf countries and around the world, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page.

Most Popular

Newsletter

Reports

Human Capital Report 2017

Human Capital Report 2017

The second annual Hotelier Middle East Human Capital Report is designed to explore the issues, challenges and opportunities facing hospitality professionals responsible for the hotel industry’s most important asset – its people. The report combines the results of Hotelier Middle East's HR Leaders Survey with exclusive interviews with the region's senior human resources directors.

Hotelier Middle East Housekeeping Report 2016

Hotelier Middle East Housekeeping Report 2016

The Hotelier Middle East Housekeeping Report 2016 provides essential business insight into this critical hotel function, revealing a gradual move towards the use of automated management and a commitment to sustainability, concerns over recruitment, retention and staff outsourcing, and the potential to deliver much more, if only the industry's "image problem" can be reversed.

From the edition

From the magazine