Insight
An Abu Dhabi resort near the marina has a room priced at $369 for the current weekend, while the same room is priced at $537 in July.
UAE Hotels Slashing Prices To Off Peak Lows Due To Travel Crisis
Summary
Luxury hotels in the UAE are slashing prices due to a travel crisis. Rates for rooms are significantly lower than usual, even compared to typical off-peak periods like July. One Abu Dhabi resort's price is down from $537 to $369, while Dubai hotels also show drops, which affects revenue for all hotel/STR hosts in the area.
Key takeaway