Friday, February 3, 2023

Abu Dhabi hotel revenues surge 23pc to hit $1.5bn in 2022

Abu Dhabi hotels generated revenues of AED5.4 billion ($1.47 billion) in 2022, up 23 per cent from the previous year as they welcomed a total of 4.1 million guests, reflecting an increase of 24 per cent from 2021, according to data by the Department of Culture and Tourism (DCT) – Abu Dhabi.

Abu Dhabi hotels recorded occupancy rates of 70 per cent during the reference year, a growth of 0.2 per cent compared to 2021, reported Emirates News Agency WAM, citing statistics revealed by DCT – Abu Dhabi.

The average hotel stay for guests was about three nights per guest, and the average revenue per available room was AED263, up 19 per cent.

UAE nationals accounted for the largest share of the capital’s hotel guests during the past year, with a share of 29 per cent, or the equivalent of 1.182 million guests.

Indian nationalities led all other non-Emiratis with a share of 12 per cent, or the equivalent of 480,000 visitors, up 31 per cent from the same period in 2021. The nationals of Britain, Egypt, the Philippines, and Saudi Arabia followed with a share of 4 per cent each.

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