Dubai residents and tourists are witnessing price breaks in hospitality industry

Published on : Tuesday, February 12, 2019

Residents and tourists in Dubai are witnessing price breaks in the hospitality industry, and new data shows that average room rates have declined further at hotels across the emirate.

 

Preliminary data shows that prices for an overnight stay in the city averaged Dh714.01 in January, going down by nearly Dh50 from the previous month. Last December, a night’s stay in a standard room in Dubai cost Dh758.80.

 

Dubai’s hospitality sector remains generally busy during the winter months, when many people escape the cold temperatures to enjoy a getaway in warmer climes.

 

Dubai International witnessed more than 7.7 million people arriving and departing in the emirate in the month of December.

 

However, in spite of the huge influx of visitors, hotel operators saw occupancy rates go down by 4.9 per cent to 82.2 per cent in January.

 

The hotel room supply in Dubai went up by 9.3 per cent in January compared to the same period last year, and demand went up by 3.9 per cent.

 

As of September 2018, at least six hotels were launched in Dubai, adding a total of 1,704 rooms to the market.

 

The new properties opening in the third quarter were Hamptons by Hilton Dubai Airport, with 420 rooms; Occidental IMPZ, with 239 keys; Royal Central Palm Jumeirah, with 207 rooms and Al Seef by Jumeirah, with 200 keys.

Related Posts

Tags:

Comments are closed.

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  rss_logo 
ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 ITB asia 2020
  • 11 Aviation Festival Asia 2020
  • 12 ITE Hong Kong 2020
  • 13 IMEX 20
  • 15 Digital Travel EU 2020
  • 15 Routes Asia 2020
  • 16 G&A 2020
  • 16 TAAPE 2020
  • 17 AAA-banner 2020
  • 18 WCTIE 2020
  • 20 GWS-2020
  • 23 emitt 21
  • 30 PATA

TRAVEL INDUSTRY EVENTS

    1. BTL 2020

      May 27 - May 31
    2. AIR CONVENTION ASIA 2020

      June 9 - June 11
    3. HOTELEX 2020

      June 15 - June 18
    4. B-TRAVEL 2020

      June 19 - June 21
    5. Forum de l’Investissement Hôtelier Africain

      July 7 - July 9
Get our toolbar!
Review www.travelandtourworld.com on alexa.com