Dubai hotels see 17% RevPAR rise in October

  • Share via facebook
  • Tweet this
  • Bookmark and Share
An aerial view of the Burj Al Arab in Dubai. (AFP/Getty Images)

An aerial view of the Burj Al Arab in Dubai. (AFP/Getty Images)

Dubai hotels enjoyed a 17.3 percent rise in revenue per available room (RevPAR) in October while occupancy rates rose more than five percent, according to a new report by Ernst and Young.

Its Middle East Hotel Benchmark Survey also showed that average room rates rose nearly 10 percent in October.

Yousef Wahbeh, MENA head of transaction real estate at Ernst & Young said the latest figures showed Dubai's tourism industry was "increasingly stable and growing".

Year to date, Dubai's occupancy rate rose to 79 percent while RevPAR increased by 12 percent and average room rates increased by 8.7 percent, he added.

"These numbers also show that the emirate is not only a key destination for tourists, but also a major business hub in the region," Wahbeh said.

"The cooler months in the UAE and increased political stability in the region are setting up for a prosperous winter season. Thus far, the peak season is off to a strong start, and we predict this to continue throughout the coming months," he added.

Ernst and Young's report also showed that Saudi Arabia saw strong increases in occupancy rates, with Madinah rising by three percent year-to-date, and Makkah increasing by five percent year-to-date.

Compared to October 2011, the occupancy rate of Makkah increased significantly by 30 percent in October due to the Hajj season, with Muslims travelling to the city from all over the world.

The report also said hotels in Amman saw overall occupancy rates increase by 18 percent year-to-date.

"This significant increase can be attributed to increased political stability, with tourists viewing the city as a safer travel destination," said Wahbeh.

Strong increases were also seen throughout Egypt where occupancy rates were up seven percent in Cairo so far this year and by 12 percent in Sharm El Shaikh.

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Over half of suppliers asked for bribes by hotel managers - survey

Over half of suppliers asked for bribes by hotel managers - survey

Nearly three quarters of suppliers said they know of other firms...

The new RNB stars

The new RNB stars

How Jason Myers, Gert Kopera and Christian Gradnitzer plan to...

100-year anniversary of commercial passenger aviation

100-year anniversary of commercial passenger aviation

On New Year’s Day 1914, the first paying aeroplane passenger...

Most Discussed
  • 10
    UAE father who whipped son to death wins appeal

    "Under Sharia, a parent cannot be executed for killing their child"
    A spouse could be executed if he/she kills his/her spouse, as none of them is... more

    Friday, 18 April 2014 3:38 PM - Nihar
  • 3
    To diet or not to diet?

    It is best to eat by your blood type. Following this diet is miraculous. Generic diets don't always work as certain foods are not good for the individual... more

    Friday, 18 April 2014 11:49 AM - Shamira Mitha
  • 2
    Saudi conservatives stage rare protest against Westernisation

    While one certainly appreciates a country to retain its own culture and heritage, one might call the current status in Saudi something like "stoneage"... more

    Saturday, 19 April 2014 1:51 AM - Non-Muslim
  • 54
    Three UAE women attacked with hammer at London hotel

    I really feel that Arabian Business.Com should now close this comments page. This should be all about sympathy for the families not what it is/has turned... more

    Wednesday, 16 April 2014 1:06 PM - Adrienne
  • 51
    Why Dubai isn't a plastic city

    What is definitely not a plastic city. The Arabs have a culture dating back to several centuries. 50 years back Dubai was just a fishing village. Today... more

    Tuesday, 8 April 2014 3:49 PM - P. MADHUSUDAN
  • 48
    DMCC boss Ahmed Bin Sulayem entertains Robert Mugabe in Dubai

    @fga ''However today, simply because he decided to dispossess a few white farmers of their land and redistribute to the poorer indigenous blacks'' more

    Sunday, 13 April 2014 3:02 PM - Matt Williams