'Shutdown': Moody's expects Dubai hotel occupancy to plummet to 10 percent
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Source: Middle East Eye
Published: 2026-05-08 02:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Military & Defence, Economy & Finance, Financial Markets, World News, Business & Economy, War & Conflict
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Snippet:
The US-based financial analysis firm Moody's predicts that hotel occupancy in Dubai is set to plummet to 10 percent from a pre-war figure of 80 percent in the second quarter of the year, which ends on 1 July, The Wall Street Journal reported on Wednesday.
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