Tourist numbers and room rates up in Dubai

18/11/2008 - Dubai Investment News
Tourist numbers and room rates up in Dubai
Dubai has topped a poll of the destinations with the best hotel room rate returns.

Research from STR Global has revealed that average room rates in the emirate reached $290 (£194) last August.

This places it far ahead of a number of other cities including Paris, New York, Rome and London where prices ranged from $280 to $230 per night.

In terms of revenue generated from room rentals, Dubai also took the top spot. Typical revenues per room per night topped $237 in Dubai, with the UAE city coming ahead of Paris and New York in second and third places, respectively.

Increased tourist number led to a strong room occupancy figure, reports the Gulf News. Occupancy rates stood at 81.6 per cent in Dubai over the course of the month.

Khalid A Bin Sulayem, director-general of the Department of Tourism and Commerce Marketing (DTCM) told the newspaper that there had been a significant increase in the number of tourists heading to Dubai from major international markets including Japan, Australia, Germany and the UK.ADNFCR-2019-ID-18881476-ADNFCR