Global News

Abu Dhabi hotels recorded improved occupancy, lower rates in August

Abu Dhabi’s hotel industry recorded improved occupancy from the month prior, but lower room rates, according to preliminary August 2022 data from STR. 

  • Occupancy: 65.2%
  • Average daily rate (ADR): AED335.49
  • Revenue per available room (RevPAR): AED218.90

Despite the month-over-month increase, the occupancy level remained slightly below the pre-pandemic comparable (-2.8%). RevPAR also came in higher than the prior month and was 2.7% above the August 2019 level. While ADR surpassed the pre-pandemic comparable (+5.6%), it was Abu Dhabi’s lowest level for any month since September 2021.

Tags: Abu Dhabi, lower rates, Occupancy Rate

Media,

Related Articles

Related Courses

You might also like:

Advertisements
Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Leading solution providers:

Advertisements