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STR: Preliminary February data for Abu Dhabi hotels

March 17, 2018 Hotel Trends No Comments Email Email

STR’s preliminary February 2018 data for Abu Dhabi, United Arab Emirates, indicates strong occupancy growth but lower rates due to difficult-to-match comparisons from 2017.  http://www.tourismthailand.org/landing/landing_en.html

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

  • Supply: flat
  • Demand: +5.1%
  • Occupancy: +5.1% to 81.0%
  • Average daily rate (ADR): -23.3% to AED431.34
  • Revenue per available room (RevPAR): -19.4% to AED349.20

The absolute occupancy level would be the highest for a February in Abu Dhabi since 2009. The decline in ADR came as a result of an off year for the biennial International Defence Exhibition & Conference (IDEX), which will be held once again in 2019.

STR will release full February results later this month. The 2017 Global Hotel Study is now available.

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