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STR Global releases preliminary September 2013 data for Dubai

October 14, 2013 Statistics & Trends No Comments Email Email

STR Global’s preliminary September data indicates growth in all three performance measures for Dubai.

Based on STR Global daily data from September, preliminary data for the emirate includes:
* increases in supply (6.8 percent) and demand (16.3 percent);
* an 8.8-percent jump in occupancy to 75.3 percent;
* a 6.1-percent increase in average daily rate to AED733.36; and
* a 15.5-percent rise in revenue per available room to AED552.50.

“Dubai posted double-digit demand growth for the fourth month this year. Demand post-Ramadan and Eid has been exceptionally strong, cementing Dubai’s position as an attractive destination for both business and leisure”, said Elizabeth Winkle, managing director of STR Global.

STR Global will release final month-end September 2013 results in two weeks. Revised 2013 forecasts will be available in November.

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