Abu Dhabi events boost hotels demand, RevPAR, ADR in September

Demand rose by 12.9% in the month of September 2019

The market’s largest daily increase in occupancyand the second-highest daily jump in RevPAR occurred on 7 September 2019
The market’s largest daily increase in occupancyand the second-highest daily jump in RevPAR occurred on 7 September 2019

Events such as the Ultimate Fighting Championship (UFC) and others helped boost demand, ADR and RevPAR in Abu Dhabi’s hotels this September.

According to STR, supply rose by 4.2%, while demand increased by 12.9% when compared to the same period last year.

Hotels also recorded a rise of 8.3% in occupancy to 72.9%, while average daily rate (ADR) rose by 1.2% to AED341.72. Revenue per available room (RevPAR) increased by 9.6% to AED249.03

According to STR analysts, the market’s largest daily increase in occupancy (33.1%) and the second-highest daily jump in RevPAR (37.3%) occurred on 7 September 2019, the day of the Khabib vs. Poirer UFC fight.

Other events such as the InnoPack 2019 and CPhI Middle East and Africa (both held on September 16-18, and the 79th FIP World Congress of Pharmacy and Pharmaceutical Sciences (September 22-26), helped overall performance during the month as well.

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