Delivering Robust Growth
Consolidated
Results
UAE Development
International
Development
Emaar Malls
Emaar Hospitality
Emaar Hospitality - Key Highlights
FY 2022
FY 2021
% Change
FY 2022 Revenue Breakup
Occupancy Rate (%)*
69%
66%
3%
RevPar (AED)¹
631
494
28%
Room Revenue (AED Mn)
589
412
43%
35%
38%
Room Revenue
F&B & Other Revenue (AED Mn)
970
824
18%
AED
1,559Mn
Total Revenue (AED Mn)
1,559
1235
26%
F&B Revenue
Others
EBITDA (AED Mn)
778
573
36%
Margin (%)
50%
46%
7%
27%
* Occupancy is calculated only for the operational period for hotels in UAE
ADR and
Occupancy
Market leading
Address Downtown
Hygiene & Safety
standards
Higher than market
average
Endorsed by Dubai
Tourism
Featured in the Dubai
Tourism promotional
Emaar Hospitality Resilient, Outperforming the Broader Hospitality Market in UAE
1) During the year 2021 management has re-evaluated its assessment of control over one of the hospitality entity and concluded that both the shareholders have joint control over the relevant business activities.
Hence, the equity method of accounting is applied for such hospitality entity as per IAS 28, retrospectively, and comparative numbers have been restated.
49 | EMAAR
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Rated 2021 Travelers'
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