Abu Dhabi welcomes 1.3 million hotel guests during Q3 2019

WAM

The number of hotel guests staying in Abu Dhabi during the third quarter of 2019 exceeded 1.3 million. 

That's according to the figures released by the Department of Culture and Tourism – Abu Dhabi, which pointed out that it marked a 1.7 per cent increase compared to the same period last year.

The report also showed that total hotel revenues for the third quarter were up to AED1.1 billion, a rise of 1.7 per cent from 2018.

Meanwhile, hotel occupancy was up 4 per cent to 69 per cent; while Average Length of Stay (ALOS) was up 5.6 per cent to 2.5 nights.

In the year-to-date in 2019, there have been almost 3.8 million hotel guests, a 2.9 per cent increase on 2018.

These figures were spearheaded by impressive visitor number statistics from key markets, with hotel guests from India, the UK, Oman and Saudi Arabia all showing solid increases for the July-September period. 

More from Business

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

  • Wall Street futures sink as tariffs fuel recession fears

    US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.