Dubai achieved an overall increase in average occupancy of 2 percent, along with growth in average daily rate (ADR) from US$267 to $284.
Beachfront hotels in Dubai continue to provide the highest occupancy rates and average rates per room in the Middle East, according to a new survey looking at data for the first half of 2013.
According to the Ernst & Young Middle East Hotel Benchmark Survey, the hospitality industry in the UAE in particular saw positive growth throughout the first six months of 2013. Dubai achieved an overall increase in average occupancy of 2.0 percent, along with growth in average daily rate (ADR) from US$267 to $284.
Beachfront locations performed even better with average occupancy up 3.7 percent to 84 percent and ADR up 4.85 percent to $389.
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Commenting on the survey, Yousef Wahbah, MENA Head of Transaction Real Estate at EY said: “The hospitality market across the MENA region witnessed strong growth in H1 2013. Despite the continued economic and political uncertainty in a number of markets, overall hotel occupancy rates and RevPAR (revenue per available room) have continued to grow.”
“The peak winter tourism months showed significant increases across all key performance indicators and although the summer months showed an anticipated slow-down, we remain broadly positive about the region’s hospitality industry going into the second half of 2013,” he added.
In June 2013, the hospitality sector recorded a seasonally-expected slowdown, due to the decrease in tourist arrivals at the start of the summer. ADR decreased by 21 percent month over month from $243 in May 2013 to $192 in June 2013, which was also coupled with a slight decline in average occupancy of 4.8 percent during the same period.
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