As STR Global’s statistics revealed, this slowdown in arrivals, mainly attributed to the shift of Eid Al Adha holidays, resulted in a 2.2 percent drop in occupancy to 79.9 percent.

Consequently, average daily rate plummeted 12.9 percent to AED883.06 (USD240.4), and RevPAR decreased 14.8 percent to AED705.44 (USD192.1).