Hotel occupancy growth in Abu Dhabi remains strong, but with lower rates due to difficult-to-match comparisons from 2017, according to preliminary data from analysts STR.
According to the data, supply has remained flat year-on-year from 2017, while demand has risen by 5.1%.
Additionally, occupancy rose 5.1% to 81%. Average daily rates fell by 23.3 percent, to AED 431.34 (US $117).
Revenue was found to have decreased 19.4%, to AED 349.20 ($95).
The absolute occupancy level was found to be the highest for a February in Abu Dhabi since 2009.
In January, STR said that occupancy rates across the UAE rose 0.5% last year to 75.1% in 2017, compared to the previous year.