Abu Dhabi’s hotel performance remained steady in January

Posted on 16 Feb at 12:31 pm

Abu Dhabi’s hotel occupancy remained roughly 5 percentage points lower than pre-pandemic levels, while average daily rate (ADR) and revenue per available room (RevPAR) far exceeded recent comparables for the month, according to preliminary January 2023 data from STR.

Occupancy: 72.4%
Average daily rate (ADR): AED508.45
Revenue per available room (RevPAR): AED368.16

Occupancy was slightly above January of last year (72.1%) but below the opening month of 2020 (77.6%) and 2019 (77.8%). The highest daily occupancy levels were seen on Monday, 16 January (88.5%) and Tuesday, 17 January (87.7%), which points to a higher volume of business travel. The market’s average daily rate (ADR) and revenue per available room (RevPAR) surpassed the 2019 comparables by 14.6% and 6.6%, respectively. Increases on 2022 and 2020 levels were slightly higher.

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