Global News

Expo 2020 drove Dubai hotel occupancy above 90%

Dubai hotel occupancyDriven by the final weeks of Expo 2020, Dubai’s hotel industry reported its first month of 90% or better occupancy since 2007, according to preliminary March 2022 data from STR

  • Occupancy: 91.7%
  • Average daily rate (ADR): AED891.46
  • Revenue per available room (RevPAR): AED817.90

Like past renditions of Expo in Shanghai (2010) and Milan (2015), the end of the “mega-event” proved to be the busiest for Dubai. The last time monthly occupancy in Dubai reached 90% was March 2007 when there were roughly 90,000 less rooms in the market. Additionally, the ADR level was Dubai’s second-highest of the pandemic era, behind December 2021 (AED948.56), and market RevPAR was the highest since December 2015.

When looking at daily data, occupancy was higher than 90% for 25 days during the month with a peak of 96.0% on 24 March.

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

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Tags: Dubai, Expo 2020, hotel occupancy, hotel performance, hotel results, Middle East, UAE

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