After witnessing up to 60 per cent drop in average room rates for almost a year, Dubai hotels will see rates increasing by up to 30 per cent in the fourth quarter of this year, according to a senior executive at CBRE hotels.

"Between October 2009 and January 2010, the average room rates for Dubai hotels will go up by at least 20-30 per cent from their current levels," Amine Hamdani, Vice-President, Fund Advisory and Indirect Investment, CBRE Hotels, told Emirates Business.

Dubai hotels, accustomed to one of the strongest average room rates in the world, saw room rates going down by between 40 and 60 per cent earlier this year, succumbing to the slump in the global tourism trade.

Dubai hotel tariffs to go up by 30% in Q4