Abu Dhabi Hotels Show Significant Year-over-year Declines for March
/Reflecting the circumstances around the COVID-19 pandemic, STR’s preliminary March data for Abu Dhabi shows significant year-over-year declines in the three key performance metrics.
Compared with March 2019 data:
• Occupancy: -32.9% to 55.1%
• Average daily rate (ADR): -32.6% to AED333.92
• Revenue per available room (RevPAR): -54.7% to AED183.86
Daily data for the month showed 31 consecutive days of double-digit decreases in each of the three key performance metrics.
STR continues to monitor the COVID-19 impact on the hotel industry.