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Dubai’s hotels await quick return to 80-90% occupancy as trade shows, exhibitions open
Return of the Chinese
While most hotels in the UAE are yet to return to 2019 performance levels, they are hopeful the influx of Chinese tourists, expected to arrive in some strength after January 22, will take them back to pre-pandemic occupancies. Four- and five-star hotels such as Dusit Princess Residences Dubai Marina and Palace Downtown, are charging Dh1,131 to Dh3,198 for a weekend stay starting January 27-29.
An entry-level room at Atlantis, The Palm, is priced at Dh 2,389, not including taxes. However, three to four-star budget rentals are priced at Dh350 to Dh400 in areas like DIP, Dubai Marina and Jumeirah Lake Towers. Deira and Bur Dubai’s three-star and four- star properties are going for Dh300-Dh350.
Pre-Covid, Dubai welcomed over 17 million visitors, with over 990,000 coming from China.
Thomas Kurian, Hotel Manager Leva Hotels, said, “We are expecting the hotel market to get back to the 2019 figure of one million tourists by the end of the first quarter of 2024.”
