Moody’s Forecasts Dubai Hotel Occupancy to Plummet to 10% in Q2 2026 Amid Regional Conflict Impact
🏨 May 7, 2026, Dubai: Due to the Iran war, Moody's predicts hotel occupancy could plummet to 10% in Q2 2026, down from 80% in February. Dubai International Airport saw a 66% passenger drop in March. Hotels cut rates, even luxury ones, amid closures and furloughs. Government relief includes deferred fees. Recovery is slow, with occupancy staying below pre-conflict levels through 2026. Missile alerts in major UAE cities heighten travel concerns, affecting tourism.
Share