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Average daily rate reached AED508 in the UAE capital
Abu Dhabi’s hotel occupancy was roughly 5% lower than pre-pandemic levels in January 2023, however revenues were up, according to STR.
The latest data from the provider of analytics and marketplace insights for the global hospitality industry shows that the sector recorded an occupancy of 72% in January.
The occupancy rate recorded in Abu Dhabi was slightly above January 2022 at 72% but below the opening months of 2020 (78%) and 2019 (78%).
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The highest daily occupancy levels were seen on Monday 16 January at 89%, pointing to a higher volume of business travel.
However, the average daily rate (ADR) reached AED508 (US$138.5) and revenue per available room (RevPAR) was AED368 (US$100), surpassing the 2019 figures by 15% and 7% respectively.
For more information, visit www.str.com
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