Ras Al Khaimah hotels are heading for 90 percent occupancies this year

Colliers International’s latest hotel forecast is optimistic for Ras Al Khaimah’s hospitality sector

Ras Al Khaimah city hotels could hit 90 percent occupancy over the course of 2021, according to a new report. The Colliers International MENA Hotel Forecast also says the emirate’s beach hotels could hit 61 percent.

It says: “As we move through 2021, we begin to observe several markets build on recovery began in Q4 2020. Ongoing monitoring of the Covid-19 pandemic by government entities and other key touristic stakeholders has informed how markets open and close.

“While travel restrictions are easing, controlled and consistent growth is key to recovering, and in the future, improving on the hospitality performance in the key markets.”

Earlier this year, HotStats said the occupancy needed for the average hotel to break even is around 35 to 40 percent.

A strong 2020 for Ras Al Khaimah

Ras Al Khaimah hoteliers benefitted from government-backed tourism campaigns last year. They were spearheaded by the Ras Al Khaimah Tourism Development Authority (RAKTDA) and offered discounted rates at hotels, coupled with experiences across the UAE.

The result was RAK having one of its best years ever last year in terms of the domestic tourism business.

In 2021, RAKTDA’s WANASA drive hopes to repeat the feat. It runs until September 15 and incentivises hotel bookings by offering a wide range of prizes, upgrades, discounts and more.

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