Market Report Abu Dhabi

Abu Dhabi Hotels Report 11.7 Percent RevPAR Drop for August 2017

STR analysts point out that the number of roomnights sold (demand) in the market increased slightly from last August. However, supply growth outpacing demand is placing pressure on occupancy, and subsequently, ADR levels.

STR’s preliminary August 2017 data for Abu Dhabi, United Arab Emirates, indicates performance declines consistent with significant supply growth.  

Based on daily data from August, Abu Dhabi reported the following in year-over-year comparisons:

  • Supply: +3.7%
  • Demand: +0.2%
  • Occupancy: -3.4% to 65.1%
  • Average daily rate (ADR): -8.5% to AED317.94
  • Revenue per available room (RevPAR): -11.7% to AED206.95

STR analysts point out that the number of roomnights sold (demand) in the market increased slightly from last August. However, supply growth outpacing demand is placing pressure on occupancy, and subsequently, ADR levels. 

STR will release full August 2017 results later this month. 

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



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