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. More information and analysis can be found here.
STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.
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