DubaiConnect.ae - Economy

DubaiConnect.ae is providing resources for English speaking Business Professionals living in, visiting, or interested in Dubai and UAE. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on DubaiConnect.ae!

Video: How can UAE hotels offset revenue shortfalls this summer?

According to Chris Hewett, director at management consultancy specialists TRI Consulting, revenue per available room (RevPAR) in the UAE in 2018 could drop by as much as seven percent. The latest first quarter 2018 industry figures released by hospitality consultancy STR have already reported a fall of 2.6 percent and four percent in Dubai and Abu Dhabi, respectively.