Dubai reports 71pc occupancy, other positive statistics
Dubai’s hotel inventory in October 2022 comprised 144,737 rooms at 790 hotel establishments compared with 122,185 rooms available at the end of October 2019 across 724 establishments. The total number of hotels in the first ten months of 2022 saw an 8 per cent growth over the same period in 2021, highlighting strong investor confidence in Dubai’s tourism sector.
Dubai welcomed 11.4 million international overnight visitors between January and October 2022 – a year-on year increase of 134 per cent – it was revealed by Dubai’s Department of Economy and Tourism (DET) at the launch of the annual Dubai Tourism Summit. The numbers are close to the pre-pandemic record of 13.50 million international visitors in the first ten months of 2019.
Helal Saeed Al Marri, Director-General of DET, said: “Our performance in the first ten months of 2022 indicates that we are on target to achieving our tourism goals, which dovetail with the UAE Tourism Strategy 2031 announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum to attract Dh100 billion as additional tourism investments and 40 million hotel guests by 2031. It is also a testament to our city’s resilience, robust and diversified market strategy, solid collaboration model between the government and private sectors, and the strength of the city’s diverse destination proposition.
“We are well-placed to end this year on a resounding note and perform even better in 2023 and beyond, steadfastly supported by our aviation, travel and hospitality partners, who continue to champion Dubai’s position as the first-choice destination for global travellers.”
The hotel sector outperformed pre-pandemic levels across all other key measurements.
Occupied Room Nights, Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR). Despite the significant 18 per cent increase in supply compared with pre-pandemic levels, Dubai hotels achieved strong growth across ADR and REVPAR over 2019 levels. Dubai hotel establishments delivered a combined 30.40 million occupied room nights during the first ten months of the year, a 23 per cent YTD growth and a 17 per cent increase over the corresponding pre-pandemic period of 2019, which yielded 26.01 million occupied room nights.
The ADR of Dh506 ($137.79) in the first ten months of 2022 surpassed the ADRs for the first ten months of 2021 and 2019, with a 32 per cent increase and a 27 per cent increase respectively. The RevPAR experienced a 48 per cent increase in YTD October 2022 vs YTD October 2021 Dh362 ($98.57) vs Dh245 ($66.71) and 23 per cent vs pre-pandemic YTD October 2019.
DUBAI TOURISM SUMMIT
A first-of-its-kind travel forum in the region, Dubai Tourism Summit was announced by the DET at its bi-annual ‘City Briefing’ event held during the Skift Global Forum East, the first-ever MENA extension of the Skift Global Forum.
Helal Saeed Al Marri said: “We are grateful to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, for his visionary leadership, inspiration and guidance that has led to several milestones in 2022. Dubai has always been an international icon of innovation and excellence.