Based on daily data from March, Abu Dhabi reported the following in year-over-year comparisons:
- increases in supply (+3.2%) and demand (+7.3%);
- a 4.0% increase in occupancy to 83.3%;
- a 4.9% decrease in average daily rate (ADR) to AED515.70; and
- a 1.1% decrease in revenue per available room (RevPAR) to AED429.40.
Demand and occupancy were mostly helped by the Integrated Offshore Commissioning course, held 13-16 March. The market also received a lift from Abu Dhabi Aviation and Aerospace Week (6-12 March), which included the Abu Dhabi Air Expo (8-10 March) and the Red Bull Air Race (11-12 March).
STR will release March 2016 results during the week of 25 April.