LONDON — Dubai’s hotel performance was up from the prior month, according to preliminary August 2021 data from STR.
- Occupancy: 58.4%
- Average daily rate (ADR): AED373.61
- Revenue per available room (RevPAR): AED218.32
Each of the three key performance metrics will come in lower than the pre-pandemic comparables from August 2019: occupancy (67.9%), ADR (AED380.68) and RevPAR (AED258.52). However, Dubai has been one of the top performing global markets ahead of Expo 2020.
All of STR’s COVID-19 analysis can be found here.
STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.