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Dubai set for Cop28 hotel boom with demand set to eclipse New Year’s Eve
“While specific rates may vary, a price increase of about 25 to 30 per cent compared to the previous year’s rates is expected with the event in place,” said Thomas Kurain, a manager with Leva Hotels.
“The average daily rate [ADR] for the previous year was in the range of $130 to $150 for our property with the Downtown location and time period. “The rationale behind these higher rates is primarily driven by the expected increased demand for accommodations during a major international conference like Cop28.”
The comments come days after a portal to rent hotel rooms for the event appeared on the official Cop28 website. Offers include a room at the Five Palm Jumeirah Hotel, which is advertised on the portal at $654 (Dh2,400) per night.
