Delivering Robust Growth slide image

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 video Al Alamein Hotel Rated 2021 Travelers' Choice Best of the Best as Per Trip Advisor
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