Dubai Hotel Revenues In H1 Top $3billion

The hospitality industry in Dubai benefited from a record number of visitors in H1 and revenue at Hotels in Dubai hit AED12.47 billion (US$3.18 billion). The industry also experienced growth from emerging source markets.

According to figures from Dubai’s Department of Tourism and Commerce Marketing (DTCM), the revenues, for hoteliers and hotel apartment operators was up 10.9% compared with the same period last year, with room revenue up 15.3% and F&B up by 3.8%.

During the first half of the year, a record number of guests checked in across all Hotel establishments with numbers reaching 5,828,449.

Total guest nights went up by 6.7% for hotels and 4.1% for hotel apartments, while the average length of stay increased with an average of 3.9 days. This was split out into 3.4 days at hotels and 5.7 days at hotel apartments.

His Excellency Helal Saeed Almarri, director-general of DTCM, said: “The figures for the first half of 2014 are encouraging and we continue to build on this growth to ensure a successful second half of the year.

“The figures show an increase in visitors from many of our key source markets – for example we are seeing strong growth from China, Brazil, Australia and many countries in Europe.

“The increase comes despite the reduction in flights due to the refurbishment and upgrading of the runways at Dubai International, which is testament to the work conducted by Dubai Airports and our industry partners in ensuring minimal disruption.” 

Saudi Arabia continued to be Dubai’s primary source market, while there was a huge influx of visitors China, up by 26 %. Dubai has added more than 7000 hotel rooms to its inventory up until the end of June, with the total reaching 88,680 across 634 establishments.

Picture courtesy: http://www.geolocation.ws/