Report shows 'promising Dubai figures'

10/12/2009 - Dubai Investment News
Report shows 'promising Dubai figures'

Posted by Neil King

If you have a Dubai property for sale then you could be interested in the Revenue per Available Room (RevPar) figures for the emirate, according to a STR and Deloitte report.

Rob O'Hanlon, tourism, hospitality and leisure partner at Deloitte in the Middle East, told Emirates Business: "It is important to recognise that the RevPAR of hotels in Dubai, recorded at $155.36 during the period [analysed, meaning it] remains among the highest in the world."

Deloitte claims to have acted out a crucial role in the Middle East for the past 80 years, contributing to the progress of industries, services and the region's economies.

Even though the current economic conditions have presented challenges, the RevPar for the Middle East throughout 2009 has ranked as significantly higher than other world destinations, according to the report.

Dubai hotels were over four percentage points greater in terms of average RevPar growth in July to September of this year, when compared to the same period in 2008.

When comparing figures from September to this August, September RevPar demonstrated a marginal increase to August, according to Deloitte-STR Global's July-September information.

Middle East occupancy levels were also a little higher, when compared to the Americas and Asia-Pacific regions.
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