Abu Dhabi hotels generate Dhs5.4bn in revenue in 2022

Abu Dhabi hotels generate Dhs5.4bn in revenue in 2022

Hotel revenues climbed by 23 per cent from the previous year to Dhs5.4bn in 2022, according to a report published by the state news agency, WAM.

Abu Dhabi hotels recorded occupancy rates of 70 per cent during the reference year, a growth of 0.2 per cent compared to 2021.

Key highlights

The average hotel stay for guests was about three nights per guest, and the average revenue per available room was Dhs263, up 19 per cent. UAE nationals accounted for the largest share of the capital’s hotel guests during the past year, with a share of 29 per cent, or the equivalent of 1.182 million guests, WAM reported.

According to stats, Indian nationalities led all other non-Emiratis segments with a share of 12 per cent, or the equivalent of 480,000 visitors, up 31 per cent from the same period in 2021. British, Egyptian, Philippines, and Saudi Arabian nationals followed with a share of 4 per cent each.

Dubai’s hospitality industry

In other news, Dubai’s hotel industry also ended 2022 on a good note, with occupancy rates and revenue per available room (RevPAR) rising for the month of December.

Read: Dubai’s hotel industry ends 2022 on a high note

KPMG’s latest 2022 Dubai Hospitality Report revealed that Dubai registered