featured-image

Tuesday, May 21, 2024 The UAE ’s hospitality sector has seen remarkable growth during the first quarter of 2024 with a surge in the total number of hotel guests, occupancy rates, and revenues per available room (RevPAR). The latest UAE Hospitality Market Review Q1 2024 report from CBRE reveals that Abu Dhabi witnessed a remarkable surge in the total number of hotel guests with an increase of 22 percent annually to 1.30 million visitors.

Hospitality sector grows The Q1 data reveals the strength of the UAE hospitality sector. In addition to Abu Dhabi’s surge in hotel guests, Dubai experienced robust growth with a total of 5.18 million international visitors in Q1.



This marks a 10.9 percent annual increase and a 9.1 percent increase compared to pre-pandemic levels (2019).

During the same period, the UAE’s hospitality sector saw a marginal 0.9 percent increase in average occupancy rates. Meanwhile, the country’s average daily rate (ADR) saw a 5.

6 percent increase, which led to a 6.8 percent rise in RevPAR. “The UAE’s key performance indicators continued to showcase resilient performance in the first quarter of the year, largely supported by the elevated visitation levels,” stated Taimur Khan, head of research at CBRE.

Average daily rates surge By the end of Q1, the UAE’s average daily rate reached 24.9 percent above the 2019 levels. CBRE attributes this growth to higher ADRs in Sharjah, Dubai , Abu Dhabi, Fujairah, and Ras Al Khaimah.

Sharjah’s ADR rose 27.9 per.

Back to Tourism Page