Checking out of the UAE?

Checking out of the UAE?
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Published October 30th, 2012 - 04:00 GMT via SyndiGate.info

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Hotel occupancy rates in the UAE are slipping
Hotel occupancy rates in the UAE are slipping
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Beirut
,
RevPAR

Tourism chiefs may want more hotels for the UAE - but figures released on Sunday showed hotel occupancy, average daily rates and revenues all dipped in September compared to the same month in 2011.

Occupancy levels at hotels in the UAE last month slid 2.4 per cent to 66.6 per cent.

Average daily rates were down by two per cent while revenue per available room waned by 4.4 per cent, according to the latest numbers crunched by hotel industry consultant STR Global.

Figures released on Sunday showed hotel occupancy, average daily rates and revenues all dipped in September compared to the same month in 2011

The average daily rate for a hotel in the UAE was Dhs599.

The average revenue per available room (RevPAR) - achieved by dividing a hotel’s total revenue by its available rooms - was Dhs399.

As a whole, Middle East hotel occupancy increased 5.4 per cent to 60.7 per cent.

Average daily rates fell by an 1.7 per cent to $137.76, while RevPAR grew by 3.6 per cent to $83.63.scat scored the highest occupancy increases - Trouble spot Beirut saw RevPAR drop 56.6 per cent on that of September 2011.

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© 2012 Al Sidra Media LLC

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