The prices of hotel rooms in Abu Dhabi and Dubai has increased during the last year by 6% and 6.4%, respectively, compared to the year 2012 with hotels recorded the eye highest growth rate in revenue at room growth of 13.5%, according to data of the final report of the Foundation «Ernst & Young» Property Consultants .
The data showed the growth of the works in Abu Dhabi hotels during last year's 77% to 72% and in the eye, with the highest rate of growth in occupancy between 16 city hotels in the region, while stabilized occupancy rate in Dubai at the level of the year 2012, recording 80%.
The detailed prices of hotel rooms in Dubai over the past year by 6.4% to a record 1022 dirhams compared to 960 dirhams in the year 2012, and recorded Dubai hotels the highest return on rooms in the region, growth of 6% over the previous year, achieving a return day 820 dirhams, up from 774 dirhams as recorded the highest occupancy rate of 80%.
The record month of December 2013 the highest level of the works amounted to 82.3%, and 86% in the downtown hotels with average room rate in the same month, about 1119 dirhams, about 921 dirhams back of the room.
The data indicated that the return on hotel rooms downtown Dubai rose 6.7% over the past year, recording 654 dirhams compared to 613 dirhams in 2012, while the average price recorded daily over the past year about 795 dirhams compared to 752 dirhams growth of 5.8%, and the average occupancy 82%.
In hotels beaches, the average yield in 1085 dirhams during the past year compared to 1030 dirhams in the previous year, a growth of 5.3%, while the average room rate in 1403 compared to 1299 Dirhams AED with an increase of 8% occupancy rate of 77%.
And hotels recorded the beaches in Dubai during December last year the highest price in the Middle East for the sale of the room for the day realized in 1572 dirhams growth of 9.7% over the same month of 2012, in which he scored 1433 dirhams with an average occupancy of 76%, down 7% while the price for the sale of the room at the downtown hotel Dubai during the same month, compared to 861 AED 833 AED in December 2012, up 3.3% with an average occupancy of 86%, up 3%.
The data showed a report «Ernst & Young» that the return on hotel rooms beach in Dubai reached between 1 to 5 times the yield in some hotels in other cities such as Riyadh and Medina, Amman, Beirut, and hotels Egyptian cities, driven by the growth of tourism demand constant.
The report indicated that the eye hotels recorded the highest growth rate in revenue to the room during the 2013 registered in the eye grew 13.5%, rising to 380 dirhams compared to 335 dirhams in 2012, while the yield on the growth room in Abu Dhabi hotels 7.4% during 2013 to reach an average yield the room to 586 dirhams compared to 546 dirhams in the previous year.
According to a report «Ernst & Young» The price of the room in Abu Dhabi increased by 6%, for up to 760 dirhams compared to 717 dirhams while the increase in the price accommodation eye 2.4%, up from 514 dirhams to 527 dirhams between 2012 and 2013, respectively.
According to the report data growth works in Abu Dhabi hotels during 2013 to 77%, up 1% from 2012 while the occupancy in hotels in the eye by about 7% in the last year, recording 72%, while the record 65% in 2012, with the highest rate of growth in occupancy between 16 hotels City in the region.
The report indicated that the hospitality market in the Middle East and North Africa in 2013 saw varying levels of performance were recorded GCC positive growth while the decline in the performance of markets Levant and North Africa, compared with the year 2012, adding that the market continues to hospitality in the UAE, the region and the regional market growth during the first quarter of 2014, especially with the weather situation in the winter compared with other cities in the world.
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