UAE hotel occupancy rises to 62% in March, STR says

  • Date: 21-Apr-2021
  • Source: The National
  • Sector:Tourism
  • Country:UAE
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UAE hotel occupancy rises to 62% in March, STR says

Hotels in the UAE recorded a surge in occupancy rates during March, extending growth seen in 2020 into the first quarter of this year, as the economy rebounds from the Covid-19 pandemic.

The UAE's hotel occupancy rate rose to 62 per cent in March, up from 59.5 per cent in February, according to hospitality data and analytics specialist STR.

"Although 2020 was a difficult year, the market ended the year with an occupancy above 50 per cent, which was a fine job in moving the occupancy line in the right direction.