Abu Dhabi’s RevPAR has more than halved for the year-to-date February 2010 compared to the same period last year Deloitte analysis of STR global hotel performance data has revealed.
The city’s RevPAR was estimated at US $142.47 compared to $300.60 in the same period in 2009.
Furthermore, Abu Dhabi witnessed an occupancy of 55.7% during the period year-to-date February 2010, compared to 81.4% during the corresponding period in 2009 reflecting the new room supply.
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The Middle East region witnessed hotel occupancies of 66.5% in February 2010, up by 1.9% when compared to February 2009.
The region achieved a RevPAR of $144.74 compared to $72.05 in Europe and $79.65 in Asia Pacific for the month of February 2010 Middle East Middle East Regional.
RevPAR in the Middle East was estimated at $131.42 during the period year-to-date February 2010, compared to $151.51 during the corresponding period in 2009.
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