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UAE hotels to see drop in occupancy rates until July

: Sunday, June 01 - 2014 @ 00:06

TRI Hospitality Consulting has said it expects hotels in the UAE to see occupancy levels fall during June and July before it picks up in August, Gulf News has reported. “We anticipate both Abu Dhabi and Dubai will experience occupancy levels fall throughout July as it corresponds with [the holy month of] Ramadan, which historically sees demand levels fall, especially from GCC [Gulf Cooperation Council] and international leisure travellers,” said Christopher Hewett, Senior Consultant at TRI Hospitality Consulting. He said average room rates in Dubai during the summer are expected to grow by around 5%, compared with the same period in 2013. “Abu Dhabi is witnessing average rates level off and therefore will experience similar rates to 2013,” he added.

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Sunday, June 1- 2014 @ 0:06 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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