The overall UAE market experienced a 23 per cent increase in revenues per available room in comparison to the same time last year. Hotels in Dubai and Sharjah experienced the highest growth in occupancy levels of 26 per cent when compared year-on-year, thanks to increased staycations during Eid break.
In relation to Q2 2019, the overall UAE market has experienced a decline of 16 per cent in occupancy levels,” it said. “Cities across UAE also experienced growth in occupancies when compared to the same period last year owing to ease in travel restrictions and increased staycations. “We are confident that we will be able to achieve this and make Expo Dubai one of the biggest and most successful events globally,” he said.Ĭolliers projected that the number of hotel rooms in the UAE are projected to increase from 111,390 in 2021 to 119,940 in 2022 and 128,860 a year later.Īs a result of the easing of Covid-19 pandemic restrictions, hotel occupancy also increased in the UAE. Ralph Onaly, commercial director at DoubleTree by Hilton Dubai M Square, said Dubai is aiming to complete 160,000 hotel rooms by October 2021, in time to welcome the expected 25 million visitors for Expo 2020.
However, the ongoing Covid-19 pandemic is expected to have an influence on hotel openings during this period which will inevitably delay some openings,” Colliers said. This will introduce an additional 17,470 keys to the market. “The supply in the market is expected to increase at a CAGR (compound annual growth rate) of eight per cent between 20.
0 kommentar(er)
