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UAE hotels to see record occupancy levels on Christmas holidays

UAE hotels to see record occupancy levels on Christmas holidays
The price of flight tickets soared more than 70%

By: Mahmoud Gamal

UAE – Mubasher: Emirati airports and hotels are preparing to receive a record level of occupancy and bookings with the beginning of the New Year’s holidays.

Emirates Group, Dubai Airports Company, and Dubai’s Roads and Transport Authority have unveiled plans to facilitate travel, with five million passengers expected to visit the UAE during the New Year’s holidays.

The price of flight tickets soared more than 70% in tandem with the surge in demand, officials at the Emirati travel and tourism sector told Mubasher.

As for the hotel sector, officials at UAE’s hotels expected a 40% increase in occupancy during the holidays’ season.

Occupancy rates are forecast to jump to levels that could increase the revenue of the UAE’s tourism sector to around $1 billion during the season, they added.

Moreover, CEO of TIME Hotels Mohamed Awadalla stated that occupancy rates at the GCC country’s hotels may grow over 100%, adding that Dubai will receive millions of visitors by the end of the year.

It worth noting that the number of guests at Abu Dhabi’s hotels rose by 1.7% year-on-year to reach over 1.3 million during the third quarter of 2019.

Average occupancy in Dubai’s hotel sector registered 76% during the first six months of 2019.

 

Translated by: Muhammad Abdul-Wakeel