Lifted by the opening of Expo 2020, Dubai’s hotel industry reported its highest monthly room rates since 2018, according to preliminary October 2021 data from STR.
- Occupancy: 81.6%
- Average daily rate (ADR): AED776.62
- Revenue per available room (RevPAR): AED633.66
The market’s absolute ADR and RevPAR levels were the highest for any month since January 2018 and February 2018, respectively, while the occupancy level was the highest since January 2020.
London hotel performance reached pandemic-era highs in October
London’s hotel industry reported its highest performance levels of the pandemic-era, according to preliminary October 2021 data from STR.
- Occupancy: 65.4%
- Average daily rate (ADR): GBP145.63
- Revenue per available room (RevPAR): GBP95.22
Each of the three key performance metrics were the highest for any month since February 2020.
Even with the overall improvement, London’s performance remained well below the pre-pandemic comparables from October 2019: occupancy (87.4%), ADR (GBP160.19) and RevPAR (GBP139.98).
All of STR’s COVID-19 analysis can be found here.
