By Rohma Sadaqat, Special to Gulf News
Dubai: Hotels in Dubai have reported a strong double-digit increase in revenue per available room (RevPAR) while those in Abu Dhabi have continued on their downward spiral in the first half of the year, according to the latest report by Ernst & Young.
Year to date results of the latest Middle East Hotel Benchmark Survey Report reveal that Dubai hotels recorded a 12.7 per cent increase in RevPAR, while hotels in Abu Dhabi recorded a 11.1 per cent decrease in RevPar.
In addition, average room rates (ARR) in Dubai for the month of June were also up by 10.9 per cent compared to those in the capital’s hotels which saw rates down by 12.8 per cent.
Yousuf Wahbah, Partner and Head of Mena (Middle East and North Africa) Transaction Real Estate, said that Dubai hotels had continued to demonstrate a year on year growth, despite having entered the typical low season for tourist travel in most of the MENA region, which will last until the onset of Eid or the beginning of September. More info
