Supply increased in September while demand softened according to initial reports by STR for Abu Dhabi. Supply increased in September while demand softened according to initial reports by STR for Abu Dhabi.

Abu Dhabi's hospitality sector reported a 3.9% increase in supply in rooms while the demand decreased 3% in September compared to the same month last year.

STR's preliminary September 2016 data for the UAE capital stated there was a decrease of 6.7% in occupancy to 68.9% and a 6.4% decline in average daily rate (ADR) to US $109 (AED 400.50). 

The report also stated that Abu Dhabi hotels experienced a 12.6% decrease in revenue per available room (RevPAR) to $75.09 (AED 275.80).

However, UAE's capital has reported the lowest absolute ADR levels for September since 2005. At the same time, ADR in the market increased from August which was $94.91 (AED 348.61).

Story continues below
Advertisement