Investor Presentaiton
Consolidated
Results
UAE Development
International
Development
Emaar Malls
Emaar Hospitality
EMAAR
Emaar Hospitality - Key Highlights
AED Mn
Q1'21
Q1'20
% Change
Q1 2021 Revenue Breakup
Occupancy Rate (%)*
62%
70%
Room Revenue
RevPar (AED)*
388
522
(26%)
Room Revenue
105
146
(28%)
35%
F&B and Other Revenue
Others
39%
F&B and Other Revenue
167
184
(9%)
301 M
Total Revenue¹
301
365
(18%)
EBITDA
105
168
(38%)
26%
Margin (%)
35%
46%
Key Highlights
•
Achieved higher than market average ADR and Occupancy
37 |
•
•
Market leading Hygiene & Safety standards endorsed by Dubai Tourism, Address Downtown featured in the new Dubai Tourism
promotional video
Al Alamein, managed by The Address Hotels & Resorts was rated as Top 1% hotels worldwide as per Trip Advisor in 2020
Emaar Hospitality Resilient, Outperforming the Broader Hospitality Market in UAE
(*) Refers to all hotels including Armani & Rove Hotels, the same is for the operational period (1) Revenue includes revenue from sale of hotel units under Rove City Walk based on
EMAAR PROPERTIES POC (Q1'21: AED 29 Mn and Q1'20: AED 35 Mn)View entire presentation