Hotel rates post big fall in Dubai and Abu Dhabi

01 November 2009

According to data from STR Global, hotels in Dubai posted the largest average daily rate (ADR) decrease in the Middle East in October, Emirates Business has reported. ADR fell 8.3% to $175.62 (Dhs644), while the next largest decrease, a drop of 6.8% to $200.50, was in Abu Dhabi. The main reason for the price drop was due to an increase in the supply of hotel rooms, the data showed.

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