Hotel occupancy rates and rates drop in December in Abu Dhabi
Occupancy rates at hotels in Abu Dhabi fell by 2.8% Y-o-Y in December 2015 to 76%, according to a recent report by STR Global. Moreover, average daily rates dropped by c7% Y-o-Y to AED546.18, while revenue per available room dropped by 9.4% Y-o-Y to AED415.35. (Arabian Business)
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