Ernst & Young's Quarterly Performance Indicators for the Middle East revealed that the average occupancy rate of Dubai hotels during the first quarter of 2019 to 86.3 percent, followed by Abu Dhabi Hotels with an average occupancy rate of 84.9 percent, then the hotels of Ras Al Khaimah, with an average of 75.3 percent, bringing the UAE's hospitality sector to the highest occupancy rate in the Middle East.
Hotels in Abu Dhabi achieved the highest rate of growth in hotel room prices in the Middle East. The hotel sector in the UAE also topped the region's occupancy rates, which ranged from 75.4% to 86.3%, according to Ernst & Young.
The strong growth in the performance indicators of Abu Dhabi hotels in terms of prices and return is because of the large touristic inflows to Abu Dhabi during the first three months of this year is due to the huge events that took place in the capital during that period, such as the Asian Championship and the Special Olympics.
Source (Economic Bulletin website, Edited)
