STR: Preliminary June data for Abu Dhabi hotels
LONDON—Abu Dhabi’s hotel industry reported its highest occupancy since the start of the pandemic, according to preliminary June 2021 data from STR.
- Occupancy: 68.5%
- Average daily rate (ADR): AED319.95
- Revenue per available room (RevPAR): AED219.18
The absolute occupancy level was the highest for any month in Abu Dhabi since February 2020, while the absolute RevPAR was the market’s highest since February 2021.
Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.
All of STR’s COVID-19 analysis can be found here.
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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