More people are coming to Abu Dhabi, but its larger room inventory makes the market look down
Skift Take
Abu Dhabi is looking at 2.3 million hotel guests this year, driven largely by an enthusiastic crowd from Russia an more visitors from Asia.
Abu Dhabi received 1.37 million hotel guests in the January-to-July period -- an 11 percent increase over the corresponding seven-month period last year -- bringing it closer to its target of 2.3 million for 2012.
However, with a 16 per cent jump in total hotel room inventory over the last six months, July hotel occupancy in the capital dropped 16 per cent to 55 per cent.
Elsewhere, revenue per available room, or RevPAR, was 22 per cent down on July 2011. In the first seven months of the year, overall RevPAR has shown a
