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UAE hotels prepare for V-shaped recovery after vaccine rollout and herd immunity take effect

UAE hotels prepare for V-shaped recovery after vaccine rollout and herd immunity take effect

Megha Paul

- March 2, 2021

Recent hospitality industry reports and analysis published by STR and Colliers International, have revealed that hotels in the UAE have put up a sterling performance, given the challenges of operating during the pandemic last year.

To support the hotel industry still further during the vaccine rollout, Arabian Travel Market (ATM), which will take place in-person at the Dubai World Trade Centre (DWTC) 16-19 May 2021, is organising a Hotel Summit on 18 May. The event will address and debate the trends and key drivers that will support the Middle East’s hotel sector’s recovery, as the vaccine rollout gathers momentum and herd immunity takes effect.

Danielle Curtis, exhibition director of Middle East in Arabian Travel Market, said: “According to STR data, the Middle East region was a top performer globally during 2020, with average occupancy of 45.9%. One of best performing countries was the UAE with an average occupancy of 51.7% and an average daily rate (ADR) of USD 114.”

“Although these figures were 29.3% & 16.5% down Y-on-Y, given the challenges presented by the pandemic, it is a remarkable achievement and proves just how resilient the hotel sector is in the UAE and wider Middle East. Furthermore, if we drill down on these figures, ADR in Fujairah and RAK actually rose last year by 7% and 1% respectively, compared with 2019 and over the New Year’s celebrations hotels in Dubai were running average occupancies of 76% with an ADR of USD 300.”

Many hoteliers in the Middle East are now preparing for a V-shaped recovery, especially with the successful rollout of the vaccine and the ensuing herd immunity, added Curtis. Indeed, more positives can be drawn from a recent YouGov luxury survey which revealed that more than half (52%) of the respondents said they were planning to take a domestic holiday or staycation during 2021 and a further 25% were planning to make a business trip, either domestically or internationally, with only 4% having no plans to travel anywhere in 2021.

Moreover, UK Prime Minister Boris Johnson has also indicated that British nationals may be allowed to travel without any restrictions as soon as June 21st, which, given their close ties, would be a major boost for business and leisure travel throughout the Middle East, added Curtis.

Initially two sessions will take place at the Hotel Summit on ATM’s Global Stage, the first will address the changing roles of hotels, such as workations and changing guest expectations and the second discussion will look into the issue of enhancing the hospitality experience, while introducing technological innovation. A further session will take place during ATM’s virtual event on 25 May, when a panel of experts will examine whether wellness and sustainability trends, will b accelerated during the post-pandemic recovery.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

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…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

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UAE hotels prepare for V-shaped recovery after vaccine rollout and herd immunity take effect

Megha Paul

- March 2, 2021

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats