Dubai hotels register low occupancy, RevPAR, ADR in Q2 2019

Officials note that ADR and RevPAR levels were the lowest since 2003

According to STR analysts, supply has now outgrown demand in Dubai for six consecutive quarters. Image: Archives
Naufal Photography
According to STR analysts, supply has now outgrown demand in Dubai for six consecutive quarters. Image: Archives

Hotels in Dubai have registered a drop in occupancy rates, average daily rate (ADR) and revenue per available room (RevPAR) for Q2, data by STR revealed.

The emirate had a slow start to the year with Q1 recording low performances and Q2 was no different.

The emirate recorded a drop in occupancy rates by 0.9% to 67.1%. ADR dropped by 12.3% to AED513.73($139.88), when compared to last year, while RevPAR decreased by 13.1% to AED344.65 ($93.84).

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According to STR analysts, supply has now outgrown demand in Dubai for six consecutive quarters.

Officials note that occupancy levels "were the lowest for a Q2 in Dubai since 2009", while "ADR and RevPAR levels were the lowest since 2003".

June was the strongest month of the quarter with a 30.5% increase in demand, which helped monthly performance levels.

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