After ranking first globally for hotel occupancy in the first quarter of 2022, with a 30 percent increase in occupancy rates compared to the same period last year, attention has turned to how the emirate’s hospitality sector will perform in the months ahead in a post-Expo and post-pandemic environment.
Considering that the Covid restrictions are still in full swing in other parts of the world, residents prefer staycations within the country for short getaways. This is also one of the main reasons why tourists and travellers are choosing Dubai as their preferred destination.
Here’s a look at some of the top trends likely to drive demand in Dubai’s hospitality sector, according to the Dubai Hotel Industry Outlook for Q3 2022 revealed by StayWell Holdings.
“Our occupancy trends showcase strong holdings and enquiries for the remaining part of 2022. This upward swing in sales has been rather encouraging for the hotel industry and we are looking forward to a positive outlook for the coming months too,” the firm said in a statement.
Watch the video to catch all the details.
(Source: ArabianBusiness YouTube channel)