Tourism boosts Abu Dhabi hotels; Dubai counts on Expo 2020 - JLL | ZAWYA MENA Edition:
The UAE capital’s hotel market has posted a strong performance in the third quarter of 2019, thanks to Abu Dhabi government’s efforts to boost tourism.
Occupancy levels in Abu Dhabi increased by 100 basis points, registering 71 per cent in the year until August 2019 and Average Daily Rates (ADRs) increased by eight per cent from the same period last year to reach $113. As a result, revenues per available room (RevPar) in Abu Dhabi during Q3 increased by nine percent over the same period at $80, property consulting firm Jones Lang LaSalle (JLL) in its latest UAE Market report.
Government initiatives aimed to promote tourism within Abu Dhabi has boosted visitor numbers along with overall investment in the tourism sector through a series of high-profile events, conferences and activations during the past quarter, said property consulting firm Jones Lang LaSalle (JLL) in its latest UAE Market report.
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