Abu Dhabi’s hotel industry reported its best performance since the start of the pandemic, according to preliminary February 2021 data from STR.

In addition to higher absolute levels, year-over-year comparisons were more favourable than previous months.

Abu Dhabi hotels reported an occupancy of 65.4% during February, compared to a decline of 15.4% last year.

Average daily rate (ADR) was recorded at AED361.07 ($98.3),marking a yea-on-year fall of 12.4% and revenue per available room (RevPAR) was AED236.03, down 25.9%.

The International Defence Exhibition and Conference (21-25 February) brought more than 62,000 attendees across the five days.

When looking at daily data, Abu Dhabi hotels saw their highest ADR (+50.5% to AED606.80) and RevPAR (+34.4% to AED446.57) levels for the month on the first day of the conference. – TradeArabia News Service