Dubai hotels' H1 average occupancy among the highest in the world
Luxury five-star and four-star hotels commanded 34 and 25% of the emirate’s total inventory
Data released by Dubai Tourism revealed that average occupancy in the emirate’s hotels in H1 of 2019 stood at 76%, one of the “highest hotel sector occupancies in the world”.
According to the tourism ministry, establishments delivered a combined 15.71 million occupied room nights during the first six months of the year, which was a 5% increase over the same period in 2018.
Spread across a total of 714 establishments, Dubai’s hotel room inventory stood at 118,345 at the end of June 2019, representing a 6% increase, which showcased continued strong investor confidence in Dubai's tourism demand and market appetite.
Between January and June 2019, several new hotels — Waldorf Astoria Dubai International Financial Centre, W Hotel Palm Jumeirah, Studio One Hotel, Rove at the Park at Dubai Parks and Resorts, Premier Inn Hotel Al Jadaf and Vida Emirates Hills — added to the city’s portfolio.
Luxury five-star and four-star hotels commanded 34 and 25% of the emirate’s total inventory, respectively. Properties in the one to three-star categories represented a share of 20%.
Hotel apartment establishments across the deluxe, superior and standard categories accounted for 21% of the total inventory.