| 31 Dec 2009 |
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Hotel occupancy and revenues fall
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Hotel occupancy in the UAE fell by nine per cent in November and revenue per available room (revPAR) levels took a massive hit, plummeting 28 per cent, according to the most recent industry figures.
STR Global, which monitors the hospitality industry, revealed that hotels in the UAE recorded 75 per cent occupancy in November, which is a drop of almost nine per cent on the same period in 2008.
"The Middle East continued to report declines in all three performance measures dropping 16.9 per cent in revPAR," said STR Global managing director Elizabeth Randall.
"Looking at the year-to-date November results the Middle East/Africa region lost only 13.8 per cent of RevPAR at US$95.63 - the highest revPAR for the world regions for the 11 months of this year," she added.
It is not all bad news for the UAE tourism industry tho-ugh. UK-based young person travel company, STA Travel, said in a 'Future of Independent Travel' report put Dubai as number two 'must visit' city in the world in 2010, just behind Los Angeles.
Meanwhile Abu Dhabi Airport's Duty Free has seen a 12.7 per cent increase in revenues for 2009. Average passenger spend was up by just over five per cent.
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