We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Fri 26 Aug 2011 09:38 AM

Font Size

- Aa +

Dubai hotels see 23% rebound in July occupancy rates

Latest STR Global data also shows strong performance for Jeddah, Abu Dhabi hotels last month

Dubai hotels see 23% rebound in July occupancy rates
Burj al-Arab, Dubai

Hotels in Dubai, Jeddah and Abu Dhabi all saw double-digit occupancy rates in July, according to latest data released by STR Global.

Dubai also reported a near-23 percent increase in revenue per available room (revPAR) compared to the same month in 2010, the data showed.

STR Global said three markets in the Middle East posted significant occupancy increases, with Dubai leading the way with a 17.6 percent rise to 77.9 percent.

Hotels in Jeddah, Saudi Arabia saw occupancy rates soar by 16.1 percent to 78.3 percent and Abu Dhabi rose 14.5 percent to 59.3 percent.

Overall, the Middle East/Africa region reported decreases in all three key performance metrics during July, weighed by South African properties which were buoyed by the World Cup this time last year.

The region ended the month with a 1.2 percent decrease in occupancy to 60 percent, a one percent fall in average daily rate (ADR) to $139.89, and a 2.2 percent decline in revenue per available room to $83.98.

The tourism industry in Cairo, Egypt continued to struggle following the revolution, posting a 36.7 percent decline in occupancy rates to 40.9 percent.

Dubai's ADR rose 4.5 percent in ADR to $162.18, reporting the largest increase in that metric, followed by Jeddah with a 4.0 percent increase to $210.62, STR Global added.

The same two cities also posted the best performance for revPAR with increases of 22.8 percent to $126.41 and 20.8 percent to $164.95 respectively.

Arabian Business: why we're going behind a paywall

For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.