Abu Dhabi hotel occupancy rates rise to 65.2% in August, STR says – The National

Abu Dhabi hotel occupancy rates rise to 65.2% in August, STR says – The National

Occupancy rates at Abu Dhabi hotels improved month on month in August to 65.2 per cent, according to data from hotel analytics provider STR.

Revenue per available room (RevPAR), a key gauge of performance for the hotel industry, rose to Dh218.9 ($59.60) in August, higher than July and also 2.7 per cent above pre-coronavirus levels of August 2019, STR said in a report on Tuesday.

The average daily rate (ADR) stood at Dh335.49 in August, surpassing the pre-pandemic levels of August 2021 by 5.6 per cent, although it was Abu Dhabi’s lowest monthly level since September 2021, according to preliminary data from STR.