Published on : Friday, May 17, 2019
The data also showed that average daily rates (ADR) of Abu Dhabi hotels increased by 2.8 per cent to AED440.01 and revenue per available room (RevPAR) rose by 3.4 per cent to AED353.98.
STR said in a statement: “The absolute occupancy level was the highest for any April in STR’s Abu Dhabi database… performance levels were pushed by events such as Culture Summit Abu Dhabi and the Retail Abu Dhabi Spring Sales.”
As per the figures published by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), total hotel revenues in UAE capital increased by more than 16 per cent in the first quarter of 2019, supported by a number of high-profile events.
The events such as the AFC Asian Cup, IDEX exhibition, Special Olympics World Games, and the Retail Abu Dhabi (RAD) shopping festival boosted total revenues, which increased by 16.1 per cent.
DCT Abu Dhabi said revenues were driven by a boost in average room revenue (ARR), which increased by almost 15 per cent coupled with an occupancy rate of 79 per cent.
Hotels also saw room revenue increased by 24.5 percent, while F&B revenues increased by 10.4 percent.
Tags: Abu Dhabi hotels