The UAE’s hospitality industry has performed better during the Eid Al Fitr holiday this year compared to 2019, with occupancy rates and rooms exceeding pre-pandemic levels, according to the consultancy in hotels STR.
Abu Dhabi hotels had an average occupancy rate of 79.1% on May 2, 4.5% higher than on the Eid date two years ago (June 4, 2019). Similarly, Dubai’s occupancy rate stood at 75.4% over the same period, 19.7% higher than the comparable pre-pandemic rate.
“This strong performance is another sign of recovery and demand momentum for the Middle East,” said Philip Wooller, Senior Director, Middle East and Africa, STR.
“While these key markets saw higher occupancy levels, they also posted room rates that were in some cases nearly double what was reported in 2019,” Wooller said.
Dubai recorded room rates above 700 dirhams ($190.58), up 75% from 400 dirhams in 2019. Properties in UAE recreation areas such as Ajman, Fujairah and Ras Al Khaimah (RAK) have also seen steep increases, with Ras Al Khaimah asking for more than 1,000 dirhams for an overnight stay during Eid.
STR said hotels in Ajman and Fujairah also exceeded occupancy levels seen before the pandemic. While RAK hotels had slightly lower occupancy levels than in 2019, they had the highest average daily rate among UAE markets at 1,022 dirhams on May 2, more than 47% higher than the pre-pandemic comparable.
(Reporting by Cleofe Maceda; editing by Seban Scaria)