Revenue per room down at Dubai hotels | The National

Revenue per room down at Dubai hotels | The National:

"Dubai’s hotels felt the squeeze once again last month.

Revenue in Dubai per available room (RevPar), a key industry measure, fell by 16.1 per cent in April compared with a year earlier, according to preliminary data from London-based STR, a company that tracks supply and demand data for the hotel industry.

In its preliminary data for April, STR indicated that RevPar fell to Dh615.12 during the month. Meanwhile, the average daily rate dropped by 15.4 per cent to Dh771.74, as occupancy decreased by nearly 1 per cent to 79.7 per cent."



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