Abu Dhabi hotels’ occupancy, ADR, RevPar rises in June 2019

Abu Dhabi hotels’ occupancy, ADR, RevPar rises in June 2019
Image used for illustrative purpose only. Image: File
Published: 15 July 2019 - 6:30 a.m.
By: Priyanka Praveen
Abu Dhabi’s hotel performance recorded a growth in all its performance indicators in June 2019, STR’s preliminary data for the emirate revealed.

Supply in Abu Dhabi increased by 5.4% and demand saw a double-digit growth of 23% when compared to the same period last year.

Occupancy rates rose by 16.8% (in comparison to last year) to 62.9%, while average daily rate (ADR) increased by 7.2% to AED339.31 ($92.3921).

Abu Dhabi’s revenue per available room (RevPAR) rose by 25.2% (in comparison to 2018) to AED 213.43 ($58.1157).

According to STR, the absolute occupancy level in Abu Dhabi is the highest for a June since 2014.

STR analysts also stated that following the end of Ramadan on 4 June 2019, performance levels rose significantly.

On 6 June 2019, the emirate witnessed the highest year-on-year percentage changes in the three key performance metrics, with occupancy rising by 102.3%, ADR increasing by 60.5% and RevPAR shooting up by 224.7%.

In May 2019, Abu Dhabi's hotel occupancy dropped along with ADR and RevPAR.

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