Dubai, Abu Dhabi and Qatar all suffered double digit declines in hotel occupancy in June as the impact of Ramadan took hold, according to new figures published by STR Global, said Arabian Business.
Dubai recorded a 15.4 percent decrease in occupancy to 63.2 percent, while average daily rates (ADR) also fell 8.8 percent to AED577.85. Hotels in the emirate also posted a 22.9 percent decline in revenue per available room (RevPAR) to AED365.16 during the month, the figures showed. STR Global said occupancy in Dubai remained steady during Ramadan 2015 compared to Ramadan in 2014, even with a 6.2 percent year-over-year increase in year-to-date supply.
Abu Dhabi reported decreases in each of the three key performance metrics as occupancy slumped by 10.2 percent to 60.9 percent, ADR fell by 3.7 percent to AED389.42 and RevPAR dropped 13.5 percent to AED237.26). "The performance decreases in the market are consistent with Ramadan," said STR Global. Qatar also reported double-digit declines in occupancy (down by 21 percent to 59.2 percent) while RevPAR fell 18.5 percent to QR388.64) but ADR in the country was up 3.2 percent to QR656.32.
Regionally, hotels in the Middle East/Africa region reported mixed results. Compared to June 2014, the Middle East/Africa region reported an 8.2 percent decrease in occupancy to 56.1 percent, a 4.2 percent increase in average daily rate to $141.93 and a 4.4 percent decrease in revenue per available room to $79.59. Jordan saw declines in each of the three key performance metrics, with the situation in Syria and the number of refugees entering Jordan affecting hotel performance in the country.
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