STR: Preliminary September data for Dubai hotels
Dubai's hotel industry reported its highest occupancy level since February, according to preliminary September 2020 data from STR. Year-over-year declines in the key performance metrics remained significant. Compared with September 2019:
Dubai's hotel industry reported its highest occupancy level since February, according to preliminary September 2020 data from STR.
Year-over-year declines in the key performance metrics remained significant. Compared with September 2019:
- Occupancy: -37.6% to 45.4%
- Average daily rate (ADR): -20.8% to AED284.15
- Revenue per available room (RevPAR): -50.6% to AED129.03
Even with the year-over-year declines, September was Dubai's second consecutive month with occupancy above 40.0% (August: 41.0%). ADR and RevPAR, while substantially improved from pandemic lows, were lower than August's levels.
All of STR's COVID-19 analysis can be found here.