Dubai hotels reported stable performances in the first seven months of the year while those in Abu Dhabi continued on their downward spiral compared to the same period last year, according to the latest reports by Ernst & Young and TRI Hospitality Consulting.
Hotels in Dubai recorded a 10.3 per cent increase in revenue per available room (RevPAR) in the January-July period while average room rates (ARR) increased by 8.7 per cent, Ernst & Young revealed in its Middle East Hotel Benchmark Survey for July. It added that hotels in the capital recorded a 12 per cent decrease in RevPAR while ARR fell by 11.3 per cent.
Monthly performances for hotels in both the emirates, meanwhile, were down with RevPAR for the month of July decreasing by 10.3 per cent in Dubai and 21.2 per cent in Abu Dhabi.
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