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STR Global releases preliminary April 2014 data for Dubai

May 13, 2014 Statistics & Trends No Comments Email Email

STR Global’s preliminary April data for Dubai indicate positive growth in all key performance indicators.

Based on daily data from April, Dubai reported:

  • increases in supply (8.1 percent) and demand (10.5 percent);
  • a 2.2-percent increase in occupancy to 84.8 percent;
  • a 11.4-percent increase in average daily rate to AED1,065.92; and
  • a 13.9-percent rise in RevPAR to AED903.87.

“ADR remained the driving force behind double-digit RevPAR growth in April, posting the highest levels for the month since 2008”, said Elizabeth Winkle, managing director of STR Global. “Demand growth reported a double-digit increase for the first time since September 2013, resulting in the highest occupancy levels in April for the last seven years”.

STR Global will release April 2014 results in two weeks. The May edition of the STR Global Hotel Market Forecast will be available by the end of this month.

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