According to preliminary September 2018 data from STR, Abu Dhabi's hotels reported occupancy dropped 7.4% to 67.4%, ADR dipped 1.9% to 339.02 Emirati dirhams ($92.31) and RevPAR fell 9.1% to 228.45 Emirati dirhams ($62.21). continue reading →
STR's preliminary June 2018 data for hotels in Abu Dhabi, United Arab Emirates, saw occupancy increase 6.4% to 53.8% during the month, and despite a 4.5% ADR decline to 318.12 Emirati dirhams ($86.62), RevPAR rose 1.6% to 171.31 dirhams ($46.65). continue reading →
Hotels in Abu Dhabi, United Arab Emirates, reported occupancy rose 2.7% to 80% in April, according to preliminary monthly data from STR. ADR dropped 3.3% to 432.12 Emirati dirhams ($117.66) and RevPAR dipped 0.7% to 345.88 dirhams ($94.18). continue reading →
Preliminary February 2018 data from STR shows hotels in Abu Dhabi, United Arab Emirates, saw occupancy increase 5.1% to 81%, but ADR decreased 23.3% to 431.34 Emirati dirhams ($117.45) and RevPAR fell 19.4% to 349.20 dirhams ($95.09). continue reading →
The total number of hotel guests staying in Abu Dhabi during January rose 7.4% versus the same month a year ago, building on the success of a record-breaking 2017 when close to a total of five million people stayed in the emirate. continue reading →
Hotels in Abu Dhabi, United Arab Emirates, reported occupancy increased 8% to 79.4%, according to preliminary STR data. ADR also increased 2.1% to 496.70 Emirati dirhams ($135.30), which boosted RevPAR up 10.2% to 394.39 Emirati dirhams ($107.43). continue reading →
Abu Dhabi's hotel market posted positive year-over-year performance in October, according to preliminary data from STR. Occupancy grew 12.7% to 80.9%, ADR increased 2.3% to 465.58 Emirati dirhams ($126.75) and RevPAR was up 15.3% to 376.88 Emirati dirhams ($102.60). continue reading →
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. continue reading →
According to preliminary April 2017 data from STR, Abu Dhabi hotels reported occupancy increased 1.7% to 77.6%, ADR dropped 8.8% to 452.42 Emirati dirhams ($123.17) and RevPAR decreased 7.2% to 351.27 Emirati dirhams ($95.63) continue reading →
STR analysts attribute the strong demand and ADR spike to IBTM Arabia (6-8 February) and the International Defence Exhibition and Conference (19-23 February). The ADR percentage change was the highest in Abu Dhabi for any month since February 2015. continue reading →