UAE hotel occupancy rises to 62pc

22 April, 2021 12:00 AM printer

DUBAI: Hotels in the UAE recorded a surge in occupancy rates during March, extending growth seen in 2020 into the first quarter of this year, as the economy rebounds from the Covid-19 pandemic.

The UAE’s hotel occupancy rate rose to 62 per cent in March, up from 59.5 per cent in February, according to hospitality data and analytics specialist STR, report agencies.

“Although 2020 was a difficult year, the market ended the year with an occupancy above 50 per cent, which was a fine job in moving the occupancy line in the right direction. This trend has continued through the first quarter of the year,” Philip Wooller, area director for the Middle East and Africa at STR, said.

In March, each of the three main hotel performance metrics were up from the previous month, the data showed.