Published on : Wednesday, September 15, 2021
Dubai has seen higher hotel occupancy rates than London in the past month. Dubai hotels saw 58.4 percent occupancy in August while London came in at 56.8 percent.
That is according to data benchmarking company STR, which releases preliminary data for both cities. London hotels however did record higher ADR and RevPAR than Dubai during the same period. London hotels had an ADR of GBP112.58 (US$155) compared to Dubai’s AED373.61 ($101); along with a RevPAR of GBP63.97 ($88) in London and AED218.32 ($59) in London.
Pulling ahead of the UK capital in terms of occupancy, STR confirmed the emirate as one of the world’s leading markets. It said: “Each of the three key performance metrics will come in lower than the pre-pandemic comparables from August 2019: occupancy (67.9 percent), ADR (AED380.68) and RevPAR (AED258.52). However, Dubai has been one of the top performing global markets ahead of Expo 2020.”
Expo 2020 Dubai remains on track to bring in a combined 25 million visitors over its six month duration. With this in mind, the emirate’s hotels are expecting an influx of guests like nothing Dubai has ever seen.
In fact, state news agency WAM reported UAE hotels on the whole will head towards “near full occupancy” thanks to the mega event next month. WAM said: “The Expo will play a key role in advancing the UAE’s tourism sector, and its effects will be reflected by the prosperity of many major sectors, most notably tourism, aviation and transport.”