LONDON - Dubai’s hotel occupancy came in lower than the pre-pandemic comparable, but average daily rate (ADR) once again pushed revenue per available room (RevPAR) far above 2019 levels, according to preliminary December 2022 data from STR.
- Occupancy: 76.6%
- Average daily rate (ADR): AED892.84
- Revenue per available room (RevPAR): AED684.03
The occupancy level was 2.0% below the 2019 comparable (78.2%), while ADR and RevPAR were 33.8% and 31.1% higher, respectively. Occupancy was slightly ahead of 2019 in both October and November. ADR and RevPAR were well above pre-pandemic levels throughout the year.
December daily data shows Dubai’s highest performance was recorded on New Year’s Eve: occupancy (91.0%), ADR (AED1,765.51) and RevPAR (AED1,606.74). With the exception of four days during the month, daily occupancy levels remained above 70%.