Learn about the performance of UAE hotels by the end of 2020
Hotels in the UAE ended 2020 at high occupancy levels, as performance approached pre-coronavirus levels. According to the British "STR", which is specialized in research and consulting.
The Foundation stated, in a report on the performance of the hospitality sector in the Middle East and Africa, yesterday. The average hotel occupancy rate in the country during the past year was 52%. While the average daily room price was around 418.83 dirhams, down 16.5% annually.
And she indicated in her report, that "the revenues for each available room amounted to about 216.45 dirhams during 2020. This represents a 41% decline compared to the previous year, due to the repercussions of the epidemic," according to the newspaper, "Al Bayan".
“The three key performance metrics show that UAE hotels finished last year near pre-pandemic levels. In a clear indication of a strong return to tourism.
She explained that “the average occupancy rate in December 2020 was about 67.4%. While the revenues of the available room amounted to about 371.24 dirhams, the highest since last February.
The improvement in the performance of the hotel sector in the UAE is due to the resumption of many local and international airlines to and from the country's airports since July 2020. In addition to the expansion of national carriers and their access to new destinations, the expansion of domestic tourism activity and the strength of the preventive measures followed, which contributed to enhancing the confidence of visitors. In the UAE.
According to the report, hotels in the Middle East and Africa recorded the lowest levels of occupancy and revenue per available room, according to end-of-2020 data.
The report showed that the hotel occupancy rate in the Middle East during 2020 was about 45.9%. While the average daily room rate recorded about $ 117.23, down on an annual basis by 17.3%. Revenue per available room was $ 53.77, or 42.4% less, on an annual basis.
He pointed out that the hotel occupancy rate in Africa was 52.6% lower than the levels in 2019. The average available room rate was about $ 103.12, and the revenue per available room was about $ 29.86.
