STR: Preliminary January Data For Dubai Hotels

Home Hotel & Lodging STR: Preliminary January Data For Dubai Hotels
STR: Preliminary January Data For Dubai Hotels

STR analysts note that year-over-year declines are to be expected with significant supply growth ahead of Expo 2020. Regardless, demand (room nights sold) grew for the fourth consecutive month, and occupancy eclipsed 90% for each of the first three nights of the year.

STR will release full January results later this month.

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STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.