Faster UAE hotel occupancy spike to lead Mena rebound in 2021 issacjohn@khaleejtimes.com Filed on December 11, 2020
Hotels in the Dubai Marina-JBR area are expected to record 47 per cent occupancy in 2020; it is expected to recover faster next year with an expected 67 per cent rate
Markets expected to continue benefiting from ongoing tourism initiatives, upcoming mega projects and domestic tourism
The recovery in the Middle East and North Africa’s hotel sector, which has started in the fourth quarter, will pick up pace through 2021 with the industry in the UAE and Saudi Arabia rebounding at a faster rate, according to Colliers International.