Dubai’s hotel industry reported its highest room rates in three months, according to preliminary April 2021 data from STR.
- Occupancy: 59.7%
- Average daily rate (ADR): AED576.33
- Revenue per available room (RevPAR): AED343.94
Absolute ADR and RevPAR were the highest in Dubai since January. Occupancy, while significantly improved from pandemic lows, came in slightly lower than March. Throughout the April Ramadan period, daily occupancy remained in the 50% range.
Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.