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FINANCIAL NEWS
Abu Dhabi hotels post 18.3% climb in Feb occupancy rate
27 Mar 2013
(MENAFN) STR Global stated that last month’s occupancy rate at Abu Dhabi hotels increased 18.3 percent from a year before, reported Arabian Business.
The firm said that revenue per available room (RevPAR) at the UAE capital grew by 24.2 percent, reaching USD143.41.
Meanwhile, occupancy rates across the country rose by 5.7 percent in the month to 84.2 percent, whereas RevPAR gained 13.1 percent and average daily rate (ADR) went up 7 percent.
It is worth noting that occupancy in the Middle East and Africa region grew by 6.4 percent in February to 66.4 percent, while ADR rose 2.9 percent to USD176.55 and RevPAR gained 9.5 percent to USD117.24.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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