Hotels in Abu Dhabi reported positive growth across all metrics in December 2017, according to preliminary STR data.
Occupancy increased 8% to 79.4%, while ADR also increased 2.1% to AED 496.70 (US $135.30), which boosted RevPAR up 10.2% to AED 394.39 ($107.43).
Based on daily data from December, Abu Dhabi also saw supply increase 1.5% year-on-year, and demand rose 9.6%.
STR analysts have attributed the month’s performance growth to the International Diabetes Federation Congress (December 4-8, 2017), which helped push the market’s occupancy above 85% on four consecutive nights. The month’s absolute occupancy level would be the highest for any December on record since 2004.
Story continues below 
| Advertisement |
Search our database of more than 2,700 industry companies
