In response to the most recent information from Dubai‘s Division of Economic system and Tourism (DET), common resort occupancy in Dubai reached 74 per cent in H1 2022, which is among the highest on the planet. The favored metropolis attracted 7.12 million worldwide in a single day guests between January and June 2022, recording greater than 183 per cent development in guests in comparison with the two.52 million vacationers who visited Dubai throughout the identical interval in 2021.
As Dubai firmly inches in direction of attaining pre-pandemic tourism numbers, accommodations in Dubai are delivering a stellar efficiency to publish vital development throughout all metrics. Dubai’s resort stock by the top of June 2022 comprised 140,778 rooms open at 773 resort institutions, in comparison with 118,345 rooms obtainable on the finish of June 2019 throughout 714 institutions.
World’s highest resort occupancy ranges
The big selection of resort institutions in Dubai introduced one more stellar efficiency throughout all hospitality metrics throughout the first half of 2022. Common occupancy for the resort sector between January and June 2022 stood at 74 per cent, one of many world’s highest, in comparison with 62 per cent in H1 2021, a distinction of 12 proportion factors and simply wanting the 76 per cent occupancy degree registered throughout the pre-pandemic interval of H1 2019. That is notably noteworthy because it was achieved regardless of a +19 per cent improve in room capability over the identical interval in 2019.
In the meantime, the whole variety of accommodations in H1 2022 marked an 8 per cent development over H1 2021, highlighting continued robust investor confidence in Dubai’s tourism sector.
The resort sector outperformed pre-pandemic ranges throughout all different key measurements – Occupied Room Nights, Common Day by day Price (ADR) and Income per Accessible Room (RevPAR). Dubai resort institutions delivered a mixed 18.47million occupied room nights throughout the first six months of the 12 months, a +30.4 per cent YoY development, and a +18 per cent improve over the pre-pandemic interval of H1 2019, which yielded 15.71 million occupied room nights.
As well as, the ADR of AED567 within the first half of the 12 months surpassed the ADRs for each H1 2021 (AED382) and 2019 (AED444), with 48.5 per cent and 28 per cent YoY development, respectively. The sturdy efficiency of the resort sector can be evident in RevPAR development – a surge of over 76 per cent in comparison with the primary six months of 2021 (AED417 v AED237) and a rise of 24 per cent over the pre-pandemic interval in 2019 ( RevPAR of AED336).
In response to resort analytics agency STR, Dubai ranks Quantity three globally on RevPAR (USD 147), after Paris (USD 195) and New York (USD 172).