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Thursday, 23 February 2017

UAE hotels drop room rates in January | GulfNews.com

UAE hotels drop room rates in January | GulfNews.com:

"Hotels in Abu Dhabi and Dubai posted a subdued performance in January 2017 compared to a year earlier, with the overall average daily rates (ADR) dropping by 8 per cent, according to the latest data. “Abu Dhabi reported a 1.5 per cent decline and Dubai posted nearly flat performance,” said market research firm STR on Thursday. Smaller markets outside the city centres, however, were doing well in the beginning of the year."



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