STR: Preliminary March data for Abu Dhabi hotels
Reflecting the circumstances around the COVID-19 pandemic, STR's preliminary March data for Abu Dhabi shows significant year-over-year declines in the three key performance metrics. Compared with March 2019 data:
Reflecting the circumstances around the COVID-19 pandemic, STR's preliminary March data for Abu Dhabi shows significant year-over-year declines in the three key performance metrics.
Compared with March 2019 data:
- Occupancy: -32.9% to 55.1%
- Average daily rate (ADR): -32.6% to AED333.92
- Revenue per available room (RevPAR): -54.7% to AED183.86
Daily data for the month showed 31 consecutive days of double-digit decreases in each of the three key performance metrics.
STR continues to monitor the COVID-19 impact on the hotel industry. More information and analysis can be found here.