Hotels

Dubai Hotel Discounts Cause RevPar Plunge

Year on year room margins in Dubai dropped 43% last month due to steep discounts offered by hotels in order to attract visitors.  STR Global’s figures show that Revenue Per Available Room (RevPar) for Dubai hotels plummeted from $348.66 in March last year to $199.97 (Dh734.48) this March.  STR Global is an industry research firm based in London that was created last year by a joint venture between international consultancy Deloitte and Smith Travel Research.  

RevPar rates in Abu Dhabi, fell only 2.7% from $293.66 last year to $$285.83 this year.   A partner at Deloitte Tourism and Hospitality explained the UK is a big feeder market for Dubai, and the economy and exchange rate is acting against the UK consumer.  Because Dubai is suffering more they are discounting rates more, and this accounts for the slide in the RevPar rate.
 

More Hotels
Jumeirah Beach Hotel, Dubai, will be closed for renovation in summer 2018
Hilton’s ‘bleisure’ travel option – a new way to work and play
Family friendly hotels most popular for long weekends
Latest Travel News
Jumeirah Beach Hotel, Dubai, will be clo...
Etihad Airways National Day takeover of ...
World’s longest urban zipline launches i...
Featured Sights To See
Shoes on the Danube

Shoes on the Danube

Budapest, Hungary

A simple yet poignant monument to the Jews shot and thrown into the Danube by the fascist Arrow Cross Party in 1944, you’ll find this monument south of V Kossuth Lajos ter. Sixty pairs of cast iron boots and shoes circa the 1940s are scattered on the river’s bank. Location: V Pesti also rakpart   ...

The Desert Islands

The Desert Islands

Abu Dhabi, United Arab Emirates

Around a two and a half hour drive off the western coast of Abu Dhabi lays the Arabian Gulf’s world of splendor:  the Desert Islands - a collection of eight islands embracing startling landscapes, adventure and natural beauty.  Desert Islands, or Jozor Al Sahra’a as it is known in Arabic, consist of Sir Bani Yas Island, Dalma Island and six Discovery Islands.   Bani Yas Island: On Sir Bani Y...

San Giorgio Maggiore

San Giorgio Maggiore

Venice, Italy

Since the 8th century, this island has been home to San Giorgio Maggiore Church. The present day, pleasantly well-ventilated and simplistically decorated church constructed of white marble and bricks was initiated in 1566 by Palladio and houses his architectural hallmarks of mathematical harmony and classical influence. The Last Supper and the Gathering of Manna, two of Tintoretto's later works, h...

Östermalm

Östermalm

Stockholm, Sweden

Östermalm is an affluent commercial and residential area. The part closest to the city center, around the Stureplan square, is the place for upmarket shopping as well as nightclubs and bars for the jet set and those who seek their company. ...