A study by research firm STR shows that occupancy rates in hotels in Dubao has fallen by 2 percent to 78 percent.
There has been a decline in visitor numbers and in the purchasing power of visitors from Russia and China due to lower oil prices and the rise in the US dollar (to which the UAE dirham is pegged). Exacerbating this effect is the rapid rise in the supply of hotel rooms.
Revenue per available room (RevPAR) is also down 11.6 per cent to Dh596.16 and the price of hotel rooms, or average daily rate (ADR), dipped by 9.8 per cent to Dh764.63.
https://gulfnews.com/business/sectors/tourism/uae-hotel-occupancy-rates-continue-to-slide-1.1934106
