Global News

Dubai hotel rates reached six-year high in December

Dubai hotel ratesLifted by Expo 2020 and the holiday season, Dubai’s hotel industry reported its highest monthly room rates since 2015, according to preliminary December 2021 data from STR

  • Occupancy: 78.2%
  • Average daily rate (ADR): AED956.01
  • Revenue per available room (RevPAR): AED747.28

The market’s absolute ADR and RevPAR levels were its highest for any month since January 2015 and March 2015, respectively.

On 31 December, the market’s ADR (AED1,963.67) was the highest for any one day in STR’s Dubai database, while the market’s RevPAR (AED1,743.89) was the highest since 31 December 2015 (AED1,768.85).

All of STR’s COVID-19 analysis can be found here.

Advertisements
  • Duetto Trends Banner
  • eHotelier Essentials Banner
  • APN Solutions Banner
Tags: Dubai, hotel performance

,

Related Articles

Related Courses

You might also like:

Advertisements
  • Duetto Trends
  • Cendyn 240 400 2404
Join over 60,000 industry leaders.

Receive daily leadership insights and stay ahead of the competition.

Leading solution providers:

Advertisements
  • 2024 Predictions