Dubai’s Hotel Industry Soars in February, Reaching Record Occupancy Rates
Dubai’s hospitality sector experienced a significant boom in February 2024, with hotels recording a record-breaking occupancy rate of 90.8%. This marks a 3.4% increase compared to February 2023, highlighting the city’s growing appeal as a tourist destination. The impressive figures were revealed in preliminary data released by CoStar, a leading provider of real estate information and analytics. The data also indicated positive growth in other key metrics, […]
