Early bird
tickets
available now!
Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13784)           
UK only International

Attendance soars for Dubai Parks and Resorts as DXB reports half year visitor figures

By Tom Anstey    16 Jul 2018
DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m

Things are looking up for DXB Entertainments, after the operator reported more than 1.4 million visitors to Dubai Parks and Resorts in the first half 2018 – an increase of more than 46 per cent year-on-year.

The operator reported more than 612,000 visits in its second quarter, compared to 414,000 in the same period last year. April was the peak month for DXB, with 300,000 visits driven by the international school calendar. In the first quarter, the park welcomed 851,000 visitors.

The rise in attendance was matched by a rise in hotel occupancy, with Dubai Parks and Resorts' Lapita Hotel increasing occupancy by 55 per cent in the first half of the year. This was a significant increase, with overall occupancy for the same period in 2017 at 24 per cent.

“We are pleased to announce continued year on year growth in our visitor and hotel occupancy numbers," said Mohamed Almulla, CEO and managing director of DXB Entertainments.

"The first half of 2018 demonstrates that Dubai Parks and Resorts is on a clear growth trajectory. We remain confident in our growth potential as we progress through our first full year of operations."

DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m (€246.9m, £219.2m) – more than double that of its launch year in 2016. As part of a restructuring, it split is business into three distinct sections – theme parks, family entertainment centres, and retail and hospitality. Each division is now led by a regional industry specialist with proven management experience.

DXB Entertainments  Dubai Parks and Resorts  DXB  Lapita Hotel  Mohamed Almulla  theme parks  family entertainment centres  retail  hospitality 
Sign up for FREE ezines
Related news

Company profile

Company profile: FIBO Global Fitness
FIBO pursues the vision of a strong and healthy society and as a global network makes an essential contribution to a long and fulfilling life for people. At the annual FIBO Show, therefore, all players from the fitness, wellness and health sectors come together and form the hot spot for innovations, investments and trends for an active lifestyle.
View full profile >
More company profiles

Featured Supplier

Developing tomorrow’s champions: BLK BOX and Cardiff Met’s Archers Performance Centre
The BLK BOX team is thrilled to unveil its design and construction work on the brand-new Cardiff Metropolitan University's Archers Performance Centre.
View full details >
More featured suppliers

Property & Tenders

Location: Jersey
Company: Jersey War Tunnels
Location: Chiswick, Gillingham, York and Nottingham
Company: Savills
Location: Cleveland Lakes, Wiltshire and Gloucestershire
Company: Cotswold Lakes Trust
Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
More properties & tenders

Diary dates

03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
20-22 Sep 2024
Locations worldwide,
More diary dates