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FINANCIAL NEWS
Occupancy rate in Dubai hotels hit 87 percent
19 Apr 2014
(MENAFN) Hotels in Dubai recorded an average occupancy of over 87 percent last month, despite supply outpacing demand for the month, Arabian Business reported.
STR Global’s February data for Dubai reveal that occupancy stood at 87.2 percent during the month, increasing 1.2 percent same period a year ago.
The data also show that the emirate’s supply and demand increase 7.4 percent and demand 6.2 percent, respectively, in March.
Positive revenue per available room (RevPAR) growth was recorded in the month, increasing 2.8 percent.
More News
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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