Tag Archives: Reem Al Khatib

GuestReady Dubai has unveiled the top events for homeowners and property investors to look out for during the year 2020. With Dubai Summer Surprises (DSS) and the Dubai Jazz Festival expected to spur a significant increase in international visitation, landlords stand a chance to earn up to 39 per cent more than they would during a typical week. Leveraging insights from data provided by AirDNA, which analyses the performance of over 10 million vacation rentals across 80,000 cities worldwide, GuestReady Dubai has identified Arab Health, the Dubai International Boat Show, the Dubai Duty-Free Tennis Championships, the Dubai Design Week, and Expo 2020 Dubai as other major events where hosts can maximise their earning potential by ensuring that the booking calendar is open for guests to make reservations. With the three-day Dubai Jazz Festival underway, landlords can earn an average revenue of AED 2,921 with RevPAR going up 35.55 per cent at AED 584.2 from AED 430.97 from 26-28 February. Average nights per booking is set to be seven as opposed to 6.21 nights without the event, and booking lead time is expected to be 44 days. As for Expo 2020 Dubai, RevPAR is projected at AED 560-802 with eight nights per reservation, and a booking lead time of 34-62 days. Reem Al Khatib, Managing Director, GuestReady Dubai, commented, “With 2020 being a milestone year for the emirate as it is set to host highly anticipated events such as Expo 2020 Dubai, holiday homes are projected to experience a substantial increase across three key KPIs of occupancy, ADR and RevPAR. We have reaffirmed our commitment to delivering superior value to our customers by providing the actionable insights that will help them …

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