According to STR, which specializes in hotel research
December 2021 records the highest average Dubai hotel prices since 2015
The length of stay for guests increased to 5.1 hotel nights.
archival
The STR Corporation, a specialist in hotel research and consultancy, stated that the hotel market in Dubai recorded in December 2021 the highest monthly rate of hotel room rates since January 2015, supported by the activities of Expo 2020 Dubai, and in conjunction with the holiday season.
According to data from the institution, which "Emirates Today" obtained a copy of, the average occupancy of hotels operating in Dubai reached 78.2% during December 2021, while the average daily price was about 956 dirhams, compared to about 747 dirhams of revenue per available room, which is the highest since March 2015. .
The Foundation added that the average room price on December 31, 2021 amounted to about 1963 dirhams, which is the highest on any day at all, based on the data available to the Foundation, while the average hotel room revenue reached 1743 dirhams, which is the highest since December 31, 2015.
It is noteworthy that data from the Department of Economy and Tourism in Dubai showed that the emirate received 6.02 million international tourists during the period between January and November 2021, at a time when the total number of hotel rooms at the end of November 2021 reached 136 thousand and 30 hotel rooms.
The guest stay increased to 5.1 hotel nights.
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