Dubai Hotel Occupancy Predicted to Fall to 10%, Moody's Says -- WSJ

Dow Jones05-06

By Georgi Kantchev

While the conflict has dealt a heavy blow to Gulf states' crude exports, the toll on its tourism sector has also been severe, said Moody's Analytics. The sector has served as one of the region's most robust non-oil growth industries in recent years. In Dubai-a bellwether for regional tourism-hotel occupancy is projected to plummet to 10% in the second quarter from 80% before the conflict broke out at the end of February.

"This represents an effective shutdown of large parts of the hospitality sector," Moody's said. Iranian attacks early in the conflict targeted airports and some of the most well-known tourist sites in the United Arab Emirates, including Dubai's Burj Khalifa hotel.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 06, 2026 06:39 ET (10:39 GMT)

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The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 06, 2026 06:39 ET (10:39 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0426412945.USD","symbol_name":"NINETY ONE GSF GLOBAL FRANCHISE \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633542181","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633542181","pubTimestamp":1778063940,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"While the conflict has dealt a heavy blow to Gulf states' crude exports, the toll on its tourism sector has also been severe, said Moody's Analytics. 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