Historically, hotel performance in cities hosting a Grand Prix experience a strong pick up in hotel occupancy starting the nights preceding the qualification tours and continuously growing until Saturday night. Unlike other cities, the Abu Dhabi hotel market has experienced important changes, particularly with additional new hotel supply closer to the race track on Yas Island, since the initial race in 2009. As a result, average daily rate is tracking lower than previous race weekends in 2009 and 2010.
Abu Dhabi hotel occupancy achieved a low 84.9 per cent on Friday night compared to 92 per cent during the first race in 2009. However, both Saturday and Sunday nights achieved a strong recovery with occupancy levels reaching 94.3 and 92 per cent, respectively.
During 2012, 131 hotels are planned to open with 36,205 rooms, causing both rate and occupancy to slow down. The region has 481 hotels totalling 130,479 rooms.