Abu Dhabi hotels see further revenue pressure in May
Revenue per available room (RevPAR) dropped by 3.7% Y-o-Y for Abu Dhabi hotels, according to a recent report by HotStats. Also on a per available room basis, revenue from F&B dropped by 11.1%, 25.4% from banqueting and 7.8% on TrevPAR. The report added that despite savings made on labour (8.5% Y-o-Y) and overhead costs (4.8% Y-o-Y), profit per room further dropped Y-o-Y. (Arabian Business)
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