Data from the Department of Tourism and Commerce Marketing in Dubai showed that the hotel market in the emirate has seen the entry of 10,778 new hotel rooms, among 30 new facilities, since the beginning of 2018 (between January 2018 and the end of July 2019), an average of 567 hotel rooms every month, She pointed out that the new supply included various room categories, including hotel apartments.
The total number of hotel rooms in Dubai (including hotel apartments) rose in January 2018 from 107,431 hotel rooms to 118,209 hotel rooms by the end of July 2019, according to data released by Emirates Today. The total number of hotel establishments (including apartment facilities) increased from 681 in January 2018 to 711 by the end of July 2019.
Classification of rooms
According to the data, at the end of July 2019, the five-star luxury hotel rooms accounted for 34% of the total size of the hotel market in Dubai, having reached 39,971 hotel rooms in 118 properties, followed by rooms in the category of «Four Stars», which accounted for about 25% of the size of the hotel market, registered 30 thousand and 150 hotel rooms in 147 facilities, while hotels classified between «Three Stars» and «1 Star» about 20%, with a capacity of 23 thousand and 646 You can book rooms at 255 hotel rooms.
The data indicated that the hotel apartments accounted for about 21% of the total size of the hotel market in Dubai. .
Hotel occupancy
Statistics showed that between January and July of 2019, the average hotel apartment facilities recorded the highest occupancy rate of 77%, while hotel apartments recorded a occupancy rate of 76% to be ranked second, followed by hotels «four-star», hotels ranked among “Three stars” and “One star”, at 74% each.
The five-star luxury hotels recorded a occupancy rate of 73%, noting that the overall occupancy rate for all hotel establishments operating in Dubai reached 74% between January and July 2019.