Dubai hotels have highest occupancy rates worldwide

Source: Yahoo Maktoob

Dubai’s global occupancy rate hit 86.2 percent during January; making it the world’s best performing hotel market for the month.

The figures, which come from STR Global research, put Dubai well ahead of the two nearest contenders, Hong Kong (79.7 percent) and Sydney (78.2 percent).

The figures may be explained by the continued Arab Spring and the success of the Dubai Shopping Festival. They suggest a significant improvement - not only on January 2011 (75.4 percent) - but also on the 78.9 percent figure recorded in 2008 before the global financial meltdown hit the UAE.

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