In light of the price offers on long stays and virtual work visas

Occupancy of Hotel Apartments in Dubai Reaches Pre-"Pandemic" Rates

• Hotels resorted to increasing the average rates by about 20%.

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Data from the Department of Tourism and Commerce Marketing in Dubai (Dubai Tourism) showed that average hotel apartments in the emirate recorded the highest occupancy rate during last January and February, with a rate of 84%, a rate equal to the rates recorded before the Corona pandemic.

A hotel director said that the demand for hotel apartments witnessed a significant increase during the pandemic, with occupancy rates reaching about 95% in some, in light of the price offers on long-term stays, as well as virtual work visas and extension of tourist visas.

And he mentioned to "Emirates Today" that with the high occupancy rates and the increasing demand, hotels resorted to increasing the average prices by about 20%.

The highest rate

In detail, data from the Department of Tourism and Commerce Marketing in Dubai (Dubai Tourism) showed that the average hotel apartments in the emirate recorded the highest occupancy rate during the last months of January and February, with a rate of 84%, which is equal to the rates recorded before the Corona pandemic.

According to the data, which Emirates Today obtained a copy of, luxury apartments ranked second in terms of occupancy performance, registering 75%, while hotel establishments in total achieved an occupancy rate of 65%, which is the highest since the start of the pandemic.

Luxurious apartments

The data showed that hotels classified between the one-star and three-star categories, in turn, recorded an occupancy rate of about 70%, compared to 65% for four-star hotels, and 54% for five-star hotel establishments.

Luxury hotel apartments accounted for about 9% of the total size of the hotel market in Dubai, reaching 11,808 hotel apartments within 74 establishments, compared to an 11% share for mid-range hotel apartments, with 14,149 rooms within 114 establishments.

Great height

In addition, the CEO of "Time Hotels Group", Muhammad Awadallah, said that the demand for hotel apartments witnessed a significant increase during the "Covid-19" pandemic, indicating that occupancy rates reached in some of them more than 90% in light of the price offers. Available in the market.

Awadallah explained that the virtual work visas and the extension of tourist visas, during the last period, pushed a large group of people to reside in the emirate and carry out their work from it, and at the same time, a significant proportion of dealers preferred the option to live in hotel apartments, as their prices compared the cost of accommodation. In regular residential apartments, hotel apartment facilities provide long-stay offers.

Uptake

Awadallah added that with the increase in turnout rates, apartment prices rose at limited rates, which amounted to an average of about 10%, while hotels resorted to extending existing offers for the coming period ahead of the launch of Expo 2020 Dubai next October, indicating that Dubai is a global tourist destination that allows The hotel market has flexible options to suit different requirements of guests and customers.

High proportions

For his part, General Manager of Tamani Marina Hotel, Walid Al-Awa, said that occupancy rates in some hotel apartments reached about 95% during the Corona pandemic, which is one of the high rates in light of the large number of apartments available in the hotel market in Dubai.

And he indicated that hotel apartments have become a suitable option for a large segment of customers, including residents from the local market or domestic tourists during the recent period, pointing out that their prices have been close to regular apartments with advantages represented in the fact that the hotel apartments are serviced, provide and include the costs of services such as electricity and internet, in addition to Its proximity to the city center, public transport points, and others.

growth

Al-Awa mentioned that international tourists who extended their vacations also preferred to stay in hotel apartments, along with groups that chose Dubai as a destination for them to work remotely in light of the pandemic, noting that the rates of tourist flow in Dubai also witnessed a growth compared to the first months of the start of the pandemic.

And he indicated that 45% of guests in the apartments have benefited from the long-stay offers, which were put on the market during the past months, pointing out that the prices have become affordable for a large segment of the population.

Al-Awa added that with the high occupancy rates and the increasing demand, hotels resorted to increasing the average rates by about 20%, which are constantly increasing to meet the levels of demand in the market.

Residential apartments

The general manager of Tamani Marina Hotel, Walid Al-Awa, said, "The bulk of long-stay guests in hotel apartments will resort again to residential apartments, with the increase in prices ahead of the Expo 2020 Dubai."

• 84% occupancy rate of average hotel apartments during last January and February.

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