Active movement of the hotel sector with the approaching of the exhibition and the "tourist season"
Hotels: Most of the bookings during Expo 2020 Dubai are long stays
Hotel establishments have started recording good occupancy levels during the last period.
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Hotel officials said that the prices of hotel rooms in Dubai continued to rise gradually, since the reopening of the markets following the pandemic of the “Corona” virus last year, noting that domestic tourism was the most prominent supporter of the hotel market in Dubai during the last period, but with the approach of “Expo 2020 Dubai” Hotels have received many requests for accommodation.
They confirmed to "Emirates Today" that most reservations during "Expo 2020 Dubai" are long stays, which enhances the hotel market growth levels, noting that a large part of hotels have confirmed reservations during the coming September and October, which is a good indicator for the hotel market in light of the circumstances. current.
gradual rise
In detail, the CEO of "Time Hotels Group", Muhammad Awadallah, said that "the prices of hotel rooms in Dubai continued to rise gradually, since the reopening of the markets, following the pandemic of the Corona virus last year," noting that prices are mainly related to levels of The demand for the hotel market, at a time when there are strong indications of a faster recovery movement.
Awadallah told "Emirates Today" that hotel establishments began recording good occupancy levels during the last period, supported by demand in the local market, in addition to the international tourism movement coming to Dubai, pointing out that expectations indicate a rise in occupancy rates and average prices. During the coming period, with the increasing demand for business tourism, exhibitions, and leisure tourism.
Awadallah explained that the hotel market began preparing early for the "Expo 2020 Dubai" exhibition, by offering special offers and packages for the exhibition, expecting that the period of stay of guests in hotel establishments in Dubai will increase in the coming months, which will reflect on occupancy and hotel revenues as well.
price adjustment
For his part, the general manager of Tamani Marina Hotel, Walid Al-Awa, said that a large part of the hotel establishments had resorted during the last period to adjusting the price level for reservations that coincide with the end of the summer season and the Expo 2020 Dubai, stressing that the great demand will revive the market. hotel facilities in the coming period.
He added, "Prices will continue to rise during the coming period, supported by an expected demand during the events (Expo 2020 Dubai) next October, as well as the major events and conferences that Dubai will host in the coming months, and the movement of leisure tourism."
Al-Awa pointed out that easing international travel restrictions will increase the levels of tourist flow during the coming period, which will positively affect the performance of hotel market indicators, including hotel occupancy, average prices, as well as the return per room, noting that the tourism product in Dubai is characterized by diversity. , to suit the various requirements of tourists visiting Dubai, in addition to visitors to Expo 2020 Dubai.
domestic tourism
In the same context, Munther Darwish, CEO of Palazzo Versace Dubai Hotel and founder of Palazzo Hospitality Company, Munther Darwish, said that “hotel room prices have achieved remarkable growth rates during the recent period, supported by current and expected demand,” noting that the average prices are higher than Last year's levels increased by up to 15%.
Darwish said that domestic tourism was the main supporter of the hotel market in Dubai during the last period, but with the approach of the "Expo", we started receiving many requests for accommodation.
He stressed that most bookings during Expo 2020 Dubai are long stays, which will boost the hotel market's growth levels.
He pointed out that a large part of hotels have confirmed reservations during the coming September and October, expecting that prices will continue to rise during the coming period, supported by a special demand for the "Expo 2020 Dubai" events, as well as the international tourism movement.
Darwish stressed that Dubai has begun to witness an increase in the rates of tourist flow from North American markets, compared to previous years, when the rates were lower, pointing out that the tourist season in Dubai is approaching, and an active movement is expected during the coming period,
Especially since Dubai is a global tourist destination that has many tourist attractions.
He stated that "Palazzo Versace Dubai" offered special offers to participants in "Expo 2020 Dubai", including transportation, free tickets to attend the event, and other services, with previously announced facilities, represented in recovering the value of economy class airline tickets for two people when staying at the hotel. Seven nights, in addition to the possibility of installments for accommodation costs.
"STR": Dubai hotel prices rise 13.1% during July 2021
The STR Corporation, which specializes in research and hotel consultancy, stated that the average prices of hotel rooms recorded a growth of 13.1% during last July, compared to the same period last year.
In data sent to Emirates Today, the Foundation stated that the average price of a hotel room reached more than 370 dirhams last July, noting that hotel occupancy, in turn, recorded remarkable growth levels during the mentioned month.
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