Research
Abu Dhabi Hospitality Market Dynamics, Q3 2024
Summary and analysis of Abu Dhabi's current hospitality real estate market conditions.
November 20, 2024
Contributors:
- Faraz Ahmed
- Muhammad Aijaz
- Taimur Khan
During the third quarter of the year, no completions were witnessed within Abu Dhabi’s hotel market, and only a limited stock is scheduled to be delivered by year-end.
Strong visitation levels continue to underpin performance, with the industry’s Key Performance Indicators (KPIs) registering significant growth compared to the year prior.
The outlook for Abu Dhabi’s hospitality market remains buoyant, supported by the government’s efforts to further solidify the city’s position as a tourism hub.
