Dubai's RevPAR one of the world's highest

Dubai’s RevPAR (revenue per available room) remains one of the highest in the world and value packages offered by hotels are continuing to attract visitors and stabilise occupancies despite the increase in supply, according to the latest Deloitte Analysis of Selected STR Global Hotel Performance Data for the Middle East.

Occupancy in Dubai increased by 8 per cent to 75.7 per cent during the period year-to-date May 2010, compared to the corresponding period last year. On the other hand, RevPAR for Dubai was estimated at $182.03 during the period year-to-date May 2010, representing a marginal decline of 2.2 per cent from the corresponding period in 2009, the Deloitte and STR Global report said. 

Occupancy in Abu Dhabi for the period year-to-date May 2010 was estimated at 57.60 per cent, compared to 78.50 per cent during the corresponding period last year. Moreover, RevPar for the city was estimated at $129.90 down 32.4 per cent for the period year-to-date May 2010, compared to 261.93 during the corresponding period in 2009. The recent influx of hotels in the city is continuing to have an impact on the performances the city’s hotels, the report said.

The Middle East region continues to remain dominant in RevPAR in May 2010 when compared to the rest of the world regions, and hoteliers in the region are continuing to see the benefit of extended marketing and promotion campaigns, which have worked to the favour of the hotels in the region. 

The month of May 2010 witnessed occupancies of 62 per cent in the Middle East, compared to 63.1 per cent in the Asia Pacific region, 59.1 per cent in the Americas and 67.3 per cent in Europe. RevPAR in the Middle East was estimated at $113.23 in May 2010, compared to $79.24 in the Asia Pacific region, $81.91 in Europe and $58.54 in the Americas, the report said. 

However, RevPAR in the Middle East region was estimated at $132.5 during the period year-to-date May 2010, compared to $146.3 in the corresponding period in 2009. Additionally, the report says, occupancy rates in the Middle East dropped marginally to 63.6 per cent during the period year-to-date May 2010, down by 1.5 per cent from 64.6 per cent during the corresponding period last year.

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