Hotels across the UAE are gearing up for a busy Eid Al Adha break, with more than half of the rooms already booked and some industry experts forecasting full occupancy.
Experts believe bookings can be attributed to the continued popularity of staycations; a growing number of visitors from neighbouring Gulf Co-operation Council (GCC) countries; and the public holiday landing outside of school holidays, meaning families want to make the most of the long weekend.
In Dubai, Saturday is set to be the busiest day with 55.6 per cent of rooms booked so far, according to data shared with The National by the CoStar Group, parent company of hotel analytics provider STR. In Abu Dhabi, Friday is the busiest with 51.6 per cent of rooms booked.
Kostas Nikolaidis, STR's senior account manager in the Middle East and Africa region, said the data suggests there is strong demand between Friday and Tuesday.
Surge in demand
“Demand for accommodation will continue to rise as we get closer to the dates and people finalise their plans,” he said. “Staycations are one of the main drivers, coupled with international visitors, primarily from neighbouring GCC countries.”
The figures relate to bookings made up to May 26, the most recent available, but are expected to have sharply increased since then.
Rove Hotels chief operating officer Paul Bridger is forecasting close to full occupancy. “We’re seeing strong demand across all the Rove hotels, with the highest demand at our beachfront locations like La Mer, JBR and Al Marjan Island, as well as hotels near shopping and entertainment hubs such as Downtown Dubai,” he said.
“We are forecasting our 4,000 rooms to be over 95 per cent occupied during the Eid period.”
Mr Bridger said bookings are typically made within a week of the holiday starting. Nightly rates currently range from Dh399 to Dh899, depending on the location, and the chain is offering special Eid deals such as complimentary breakfasts and upgrades.
“Since this Eid doesn’t coincide with extended school holidays, we’re seeing stronger demand for staycations from families looking to make the most of the long weekend,” he said.
Jan Hanak, managing director UAE, Oman, Bahrain, Qatar and Egypt for Radisson Hotel Group, said bookings are up on last year.
“Eid is always a busy time and this year, especially in our Dubai hotels, we are seeing significant growth in bookings from GCC countries and strong demand from our other traditional source markets,” said Mr Hanak. “We expect standout results in both average rate and occupancy.”
Travel boom continues
The travel boom in the UAE shows no sign of slowing down. Dubai, for example, recorded a three per cent annual increase in international visitor numbers to 5.31 million during the first three months of the year, according to the Dubai Department of Tourism and Commerce Marketing.
The city attracted 18.7 million international tourists in 2024, nine per cent more than the previous year.
In pictures: Eid al Adha preparations around the world
Data shows that Abu Dhabi, meanwhile, had 1.4 million overnight guests in the first quarter of this year. Its hotels generated Dh2.3 billion ($626.2m) in revenue, which 18 per cent more than the same period in 2024, according to the Department of Culture and Tourism Abu Dhabi.
But the boom extends across the country. Ras Al Khaimah, which recorded 1.28 million overnight visitors last year, is aiming to grow that number to 3.5 million by 2030. The mammoth $5.1bn Wynn Al Marjan Island resort is expected to transform the hospitality industry when it is set to open in 2027.
Godly Babukutty, managing director of Epic Travel, a travel agency based in the UAE, is seeing a mix of staycations and UAE residents opting to travel abroad – primarily to the Caucasus and Central Asia – to places where visas are easier to secure.
“Most of our packages were sold by last week,” said Mr Babukutty, adding the post-Covid boom in travel had not ended. “Destinations within three to four hours are popular.”
Mr Babukutty said a package to Georgia, for example, with his agency, including hotels, would have cost about Dh3,000 a few weeks ago but now some direct flights from Dubai alone are more than that.
The high temperatures in May and April had also persuaded more people to travel abroad to cooler climates, he said, while Eid Al Adha's dates outside of the school break means many are staying in the country to save money for summer travel.
Killing of Qassem Suleimani
Killing of Qassem Suleimani
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
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Qalandars 109-3 (10ovs)
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Fletcher 52, Rossouw 31
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A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
How to come clean about financial infidelity
- Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
- Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help.
- Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
- Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
- Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported.
Carol Glynn, founder of Conscious Finance Coaching
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In the role: Since January 2015
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Background: M&A, investment banking
Studied: Corporate finance
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Credit Score explained
What is a credit score?
In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.
Why is it important?
Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.
How is it calculated?
The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.
How can I improve my score?
By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.
How do I know if my score is low or high?
By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.
How much does it cost?
A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.
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Tips for newlyweds to better manage finances
All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.
Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.
Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.
Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.
Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.
Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.
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Keep it fun and engaging
Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.
“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.
His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.
He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.
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Investors/Investment amount: $125 million. Major investors include Starz/Lionsgate, State Street, SEQ and Delta Partners
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