Published on : Wednesday, July 14, 2021
In UAE, tourism is one of the driving factors of the country’s economy, has recently shown signs of clear recovery across the Emirates. Hotel occupancy in Abu Dhabi has increased to its highest point since the pandemic started, according to research firm STR.
Bloomberg reported that Abu Dhabi in June experienced 68.5 percent full; emphasizing the preliminary data shared by STR. Revenue per available room is the key to determine profitability in the month of June rose to $59.67 or 219.81 dirhams – the highest since February 2021.
In Dubai, the occupancy of hotel rooms other than the UAE Capital was also reported to have increased quite a lot. From October, the latter would be organizing an extravagant six-month Expo.
The occupancy rate in Dubai hotels have raised to 58 percent in the first five months of this year, higher than 46 percent in the time last year, as per JLL’s UAE Real Estate Market Performance study.
The recently released data by Dubai’s Department of Tourism showed, between July 2020 and May 2021, 3.7 million overnight tourists visited the city. The administration has picked up most of the restrictions, as around 64 percent of the population has been vaccinated totally, whereas, 71 percent has received at least the first dose.
Mild restrictions in Abu Dhabi on overcrowding continue to remain in place. From August, the administration has planned to allow only vaccinated persons at public places and events.