THE PRICE OF A HOTEL ROOM in Abu Dhabi plunged 25 per cent year-on-year, a new survey has revealed. Room rates in the United Arab Emirates' capital saw the largest fall among the 75 top global cities. Previously ranked as second in the list of 75 cities with the highest room rates around the world, the Emirate plunged to 19th place after the average price of a bed dropped from £223 to £168. The fall reflected a slump in hotel rates across the whole region in 2010, according to HRG's latest hotel survey.
The Middle East experienced the greatest regional decrease in average room rates, said the report, with Dubai recording a fall in rates of 5 per cent in 2010 compared to 2009, and Doha recording a drop of 10 per cent.