It reached 351 dirhams per room during the first nine months of 2022
Dubai hotel revenues are 21% higher than 2019 levels
The latest data issued by the Department of Economy and Tourism in Dubai showed that the average return per room in the hotel market in the emirate, during the first nine months of this year, reached 351 dirhams, compared to 289 dirhams in the same period in 2019, a growth rate of 21%.
The average return on rooms exceeded pre-pandemic levels "Covid-19", despite the large number of hotel rooms that entered service, as the data showed an increase in the number of hotel rooms in Dubai at the end of last September to more than 142.7 thousand hotel rooms, within 784 hotel establishments. , compared to 132.8 thousand hotel rooms within 726 establishments at the end of September 2021.
According to the data, the hotel market in Dubai continued to record strong performance rates in various indicators (occupancy, yield, daily price, as well as the size of the hotel market), since the beginning of 2021, accelerating to higher levels during the first nine months of 2022.
The increase in average revenues is due to a significant increase in the average daily price for a hotel room, which amounted to 495 dirhams during the period from January to September 2022, compared to 352 dirhams in the corresponding period of last year 2021. The regional director of the “Hyatt Hotels Group” in Dubai and director of the year said For the "Grand Hyatt" hotel, Fathi Khogli, the hospitality market in Dubai is witnessing remarkable shifts in a number of indicators, especially the increase in average revenues, supported by high spending for leisure tourism or business tourism and conferences.
He added that the group's revenues witnessed significant growth, and exceeded pre-pandemic levels by large percentages, pointing out that the length of stay of guests, and the variety of entertainment options and tourist attractions, was reflected in their spending rates.
He stressed that the high tourist demand for Dubai contributed to increasing the demand for available hotel supply in the market, pointing out that Dubai continues to attract a prominent global destination, amid expectations of continuous monthly growth during the coming period.
For his part, Naroz Sarkis, General Manager of Belhasa Tourism Company, said that Dubai continues to achieve strong performance since the start of the pandemic, indicating that occupancy rates are still high, despite the entry of new hotels into the market, and the growth of its supply of hotel rooms.
He stressed that the demand continues for the emirate as a major tourist destination during the winter season, and from various international markets.
He explained that the strong demand for the business and conference tourism sector, leisure tourism, and the increasing rates of tourist flow support strong growth indicators during the coming period.
10.12 million international tourists
The Department of Economy and Tourism in Dubai revealed the latest statistics on the performance of the tourism sector and the number of international visitors during the first nine months of this year, which showed that the emirate attracted 10.12 million international tourists between January and September 2022, compared to 3.85 million international visitors in the same period of 2022. Last year, an increase of 163%.
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