Tag Archives: Dubai hotels

The wide range of hotel establishments in Dubai presented yet another stellar performance across all hospitality metrics during the first half of 2022. Average occupancy for the hotel sector between January and June 2022 stood at 74%, one of the world’s highest, compared to 62% in H1 2021, a difference of 12 percentage points and just short of the 76% occupancy level registered during the pre-pandemic period of H1 2019. This is particularly noteworthy as it was achieved in spite of a +19% increase in room capacity over the same period in 2019. Dubai’s hotel inventory by the end of June 2022 comprised 140,778 rooms open at 773 hotel establishments, compared to 118,345 rooms available at the end of June 2019 across 714 establishments. Meanwhile, the total number of hotels in H1 2022 marked an 8% growth over H1 2021, highlighting continued strong investor confidence in Dubai’s tourism sector. 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). Dubai hotel establishments delivered a combined 18.47million occupied room nights during the first six months of the year, a +30.4% YoY growth, and a +18% increase over the pre-pandemic period of H1 2019, which yielded 15.71 million occupied room nights. In addition, the ADR of AED567 in the first half of the year surpassed the ADRs for both H1 2021 (AED382) and 2019 (AED444), with 48.5% and 28% YoY growth, respectively.  The robust performance of the hotel sector is also evident in RevPAR growth – a surge of over 76% compared to the first six months of  2021 (AED417 v AED237)  and an increase of 24% …

InterContinental Hotels Group (IHG) has recently announced that it will open two new properties in Dubai: Crowne Plaza Dubai Business Bay and InterContinental Residence Suites Dubai Business Bay. Both properties are in partnership with API Hotels & Resorts, and have prime locations, in Dubai’s Business Bay area, the planned business capital of the region. Expected to open in 2019, Crowne Plaza Dubai Business Bay will be situated on the Business Bay Canal, near Burj Khalifa, The Dubai Mall and other developing commercial and residential communities. With 290 rooms and suites, the hotel will offer its guests all-day dining options, as well as a gym and an outdoor infinity pool. It will also include a ballroom as well as several meeting rooms to host conferences and events. The InterContinental Residence Suites Dubai Business Bay will be situated on the Business Bay canal extension of the Dubai Creek, across from the Crowne Plaza Dubai Business Bay. This waterfront property will serve as an ideal residence for those seeking a home in the heart of Dubai’s luxury lifestyle hub, in close proximity to business areas such as Dubai International Financial Centre and Business Bay’s commercial centres. It will offer 30 studios and 60 one-bedroom, 60 two-bedroom and 10 three-bedroom suites. Jassim Al Ali, CEO of API Hotels & Resorts, added, “In order to maximize further growth opportunities in the Middle East, we believe that we need to add a global operator with an internationally recognized brand to our portfolio and IHG, as a market leader with over 5,000 hotels worldwide fits this profile perfectly.

Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties PJSC, announced the launch of their new hotel project named Vida Dubai Mall, which would be directly linked to The Dubai Mall, with direct views of Burj Khalifa. This marks the tenth upcoming hotel project of Vida Hotels and Resorts in the UAE and international markets. Vida Dubai Mall would be a two-tower development, with the 195-room Vida Dubai Mall hotel and 614 serviced residences under Vida Residences Dubai Mall. One of these towers will be 55-storey high, including the hotel and 380 serviced residences, while the other one will be 38-storey high, with rest of the serviced residences.