Emirates NBD Financial Performance and Market Update
Appendix
Strategy
Financial & Operating Performance
Emirates NBD Profile
Operating Environment
Dubai Economic Update (2/3)
Highlights
Passenger traffic at the Dubai International Airport (DXB) rose to
51 million in H1 2017, up 5.9% y/y
Passenger traffic is expected to exceed 89 million at DXB by the
end of 2017, according to Dubai Airports
Dubai's hotel occupancy rates remained high averaging 78.0% in
H1 2017 up from 76.3% in the same period a year ago
The supply of hotel rooms in Dubai increased by 5.7% y/y in June
2017 to 94,705 rooms. The Department of Tourism and
Commerce Marketing (DTCM) is targeting 140,000 to 160,000
hotel rooms by the end of the decade
60
50
40
30
Hotel occupancy and RevPAR
100
%
y/y growth
70
88888
Oct-12 Apr-13 Oct-13 Apr-14 Oct-14 Apr-15 Oct-15 Apr-16 Oct-16 Apr-17
Average hotel occupancy rates, % (LHS)
Average revenue per available room, y/y growth, 3M MA (RHS)
Source: STR Global, Emirates NBD Research
ន់ម្ល៉េះ ៦៦ ឆ្នំា ១ ៣៩ សំន
0
-5
-10
-15
-20
-25
Dubai Airports passenger traffic
Emirates NBD
5
1600
1400
1200
1000
51
800
48
45
20
38
40
600
33
29
10
400
0
200
H1 2011 H1 2012 H1 2013
H1 2014 H1 2015 H1 2016
Passenger traffic (LHS)
Freight volumes (RHS)
H1 2017
Source: Dubai Airports, Emirates NBD Research
Top 10 visitors by nationality in Jan-Jul 2017
% of total 9.2mn visitors
India
12.8%
Saudi Arabia
9.8%
Other
44.4%
UK
7.7%
Oman
5.5%
China
Pakistan 5.1%
Germany
3.1%
Iran
3.4%
US
4.0%
4.0%
Source: Department of Tourism and Commerce Marketing, Emirates NBD ResearchView entire presentation