In its first January without restrictions since 2020, Amsterdam hotel performance showed a typical season slowing from the months prior.  

• Occupancy: 53.1%
• Average daily rate (ADR): EUR130.71
• Revenue per available room (RevPAR): EUR69.37

The market’s ADR level surpassed the pre-pandemic comparable from 2019 (+18.5%), while occupancy and revenue per available room (RevPAR) remained off the pace by 17.7% and 2.5%, respectively.

When looking at daily data, occupancy topped 70% just once—on Saturday, 28 January (72.5%)—the night of the Robbie Williams concert.

Abu Dhabi’s hotel performance remained steady in January

Abu Dhabi’s hotel occupancy remained roughly 5 percentage points lower than pre-pandemic levels, while average daily rate (ADR) and revenue per available room (RevPAR) far exceeded recent comparables for the month, according to preliminary January 2023 data from STR.

• Occupancy: 72.4%
• Average daily rate (ADR): AED508.45
• Revenue per available room (RevPAR): AED368.16

Occupancy was slightly above January of last year (72.1%) but below the opening month of 2020 (77.6%) and 2019 (77.8%).

The highest daily occupancy levels were seen on Monday, 16 January (88.5%) and Tuesday, 17 January (87.7%), which points to a higher volume of business travel.

The market’s average daily rate (ADR) and revenue per available room (RevPAR) surpassed the 2019 comparables by 14.6% and 6.6%, respectively. Increases on 2022 and 2020 levels were slightly higher.

All of STR’s industry analysis can be found here.

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit www.str.com