Hotel officials expect full occupancy rates, and prices are 15-20% higher.
Huge demand for hotel apartments as Expo 2020 Dubai approaches
Participants in "Expo 2020 Dubai" from various countries and companies have started booking or searching for accommodation for employees.
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Hotel officials said that the demand for hotel apartments has reached great levels with the approach of the “Expo 2020 Dubai” activities in next October, expecting the hotel apartments category to record full occupancy rates during the coming period, which is reflected in the rise in average prices.
They added to "Emirates Today" that the average prices for hotel apartments are currently 15-20% higher, compared to the same period last year, pointing out that there is a great demand by exhibitors and companies, as well as consulates and embassies to stay in hotel apartments, during the "Expo" activities. 2020 Dubai.
They explained that the guests, who prefer to stay for long periods during the exhibition activities, mainly choose the hotel apartments, given the services they provide, especially the kitchen and the living room, which provides more spaces.
big order
In detail, the CEO of Time Hotels Group, Muhammad Awadallah, said that the demand for hotel apartments began to rise gradually during the last period, with more dealers preferring the option to live in them, pointing out that hotel apartments have always recorded high occupancy rates.
He added, "With the approach of the (Expo 2020 Dubai) exhibition, we started receiving requests from companies and groups related to the exhibition," stressing that participants from different countries and companies have started booking, or searching for accommodation for participating employees.
Awadallah stressed that the great demand for hotel apartments contributed to the high level of prices currently, or during the stay period that coincides with the activities of the international exhibition.
He explained that the average prices for hotel apartments are currently 15-20% higher, compared to the same period last year, expecting that they will continue to rise in the coming period, and during the "Expo 2020 Dubai" activities.
Awadallah stated that the hotel market in Dubai has maintained good occupancy rates during the “Covid-19” pandemic, indicating that occupancy levels in hotel apartments average about 80% currently, while it is expected to rise to 100% during the coming period.
He said that a large part of dealers or visitors to the international exhibition prefer hotel apartments, as they are staying for a long time in Dubai, pointing out that the bulk of reservations received by hotel apartment facilities are for delegations and companies.
Awadallah expected to receive reservations from visitors or ordinary tourists two to three weeks before the start of the "Expo 2020 Dubai" activities, stressing that the great demand for accommodation in Dubai by visitors to the exhibition will extend to other emirates, with all facilities ready to offer offers and promotional packages for visitors. .
average prices
In turn, the general manager of "Al Jaddaf Rotana Hotel", Haitham Omar, said that the demand for hotel apartments has been high since the beginning of the "Covid-19" pandemic, with more customers preferring to stay in them due to the advantages they offer.
Omar expected that the pace of demand would increase during the coming period, noting that occupancy levels in the hotel exceeded 70%, pointing out that it is one of the high rates, given the opening of the facility six months ago (during the pandemic period).
He explained that the average prices for accommodation in hotel apartments have witnessed a continuous rise since the beginning of the pandemic in light of the high demand, noting that prices for hotel apartments are approaching pre-pandemic levels, and are expected to exceed them during the last quarter of this year, or at the beginning of 2022.
Omar indicated that the apartments have a wide area and services that the guest needs for long stays, pointing out that the apartments may be a better option for visitors to "Expo 2020 Dubai" who will spend more than a month in Dubai during the exhibition activities, while ordinary tourists are expected to accept rooms hotel, given that their stay times will be shorter.
For his part, the general manager of Tamani Marina Hotel, Walid Al-Awa, said that the levels of demand for hotel apartments have witnessed continuous growth since the beginning of the pandemic, and the apartments have achieved very high occupancy rates compared to hotel facilities, noting that occupancy exceeded the 90% barrier during the holidays.
Al-Awa confirmed that there is a great demand by exhibitors and companies, as well as consulates and embassies, to set up their delegations in hotel apartments during the activities of the Expo 2020 Dubai, starting next October, pointing out that dealers who prefer to stay for long periods mainly choose apartments, given the To the services it provides, especially the kitchen, and the sitting room, which provides more living spaces.
He explained that the prices of hotel apartments have witnessed a continuous rise, during the past months, since the beginning of 2020, but they are still at acceptable levels, pointing out that with high demand rates and occupancy reaching more than 90%, prices will gradually rise according to demand rates.
He said that the hotel market in Dubai is characterized by a great diversity that meets the various requirements of visitors to "Expo 2020 Dubai".
Number of hotel apartments and occupancy levels
According to the latest data issued by the Department of Tourism and Commerce Marketing in Dubai, the number of medium and luxury hotel apartment facilities has reached 188. These facilities include 24,209 apartments, while apartments account for 19% of the total hotel capacity in Dubai.
According to the data, average hotel apartments achieved occupancy levels of about 82%, compared to 73% for luxury hotel apartments.
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