Abu Dhabi’s hotel occupancy during January remained roughly 5 percentage points lower than pre-pandemic levels, according to STR, a premium provider of analytics and marketplace insights for the global hospitality industry.

While average daily rate (ADR) and revenue per available room (RevPAR) far exceeded recent comparables for the month, STR said.

The sector recorded an occupancy of 72.4% in January, while ADR reached AED508.45 ($138.5) and RevPAR touched AED368.16.

Occupancy was slightly above January of last year (72.1%) but below the opening month of 2020 (77.6%) and 2019 (77.8%). The highest daily occupancy levels were seen on January 16 (88.5%) and January 17 (87.7%), which points to a higher volume of business travel.

The market’s average daily rate (ADR) and revenue per available room (RevPAR) surpassed the 2019 comparables by 14.6% and 6.6%, respectively. Increases on 2022 and 2020 levels were slightly higher. – TradeArabia News Service