With just under 14,500 keys operating in the Luxury and Upper Upscale segments and demand at all time highs, Real Estate X estimates the current value of the segment.
With just under 14,500 keys operating in the Luxury and Upper Upscale segments and demand at all time highs, Real Estate X estimates the current value of the segment.
The Ras Al Khaimah market achieved an average occupancy of 72.0% and an ADR of AED 590.6 during H1 2024, equivalent to a 10.5% increase in RevPAR over the same period in 2023.
Gross Operating Profit increases as record demand levels pushes profitability higher. Real Estate X assess how this impacts capital values across Dubai
As expected, the Abu Dhabi hospitality sector continued its growth trajectory with RevPAR up 24% during H1 2024 vs H1 2023. See how the positive performance impacts capital values.