Dubai hotels record world's highest occuancy rate and revpar

Dubai's fast-expanding portfolio of hotels and hotel apartments have reported the highest occupancy rate in January-September 2005, competing and wresting the initiative from other reputed leisure and tourist destinations in the world.

Deloitte and Smith Travel Research have put Dubai on top with a 85.9 per cent hotel occupancy rate followed by New York with 82.7 per cent and Singapore at 80 per cent. Dubai hotels and hotel apartments have also been ranked the first in the world in terms of generating the highest revenue per available room (RevPar) between January and September 2005, followed by New York and Paris, according to Global Lodging Review, a publication of the Deloitte and Smith Travel Research.

Read the full article: HOTELS magazine

Posted 12/28/05 by JJ | Filed under: Revenue Management & Performance