Abu Dhabi hotel occupancy hits highest since Feb 2020

Bloomberg

Hotel occupancy in the capital of the United Arab Emirates surged in June to the highest level since the start of the coronavirus pandemic.
Abu Dhabi hotels were 68.5% full last month, according to preliminary data from research firm STR.
Revenue per available room, a key measure of profitability, was 219.81 dirhams ($59.67), the highest since February.
Room rates have also risen in neighbouring Dubai, STR said earlier this year. The emirate is hosting the Expo 2020 international exhibition in October, and is aiming for 25 million unique visits in what it hopes will be a significant boost to the key tourism sector.
The year-over-year percentage increases are “substantial” because of the comparison with the months most affected by the pandemic in 2020, STR said.
The UAE has largely shunned lockdowns since emerging from one last year. Abu Dhabi announced some curbs and plans to restrict public spaces to vaccinated people from August.

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