Dubai Parks and Resorts reporting soaring visitor numbers in first half of 2018

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Dubai Parks and Resorts reporting soaring visitor numbers in first half of 2018

August 26, 2018

Attractions / Entertainment / Finance / Tourism / Waterparks /

Dubai Parks and Resorts (DXB), the Middle East’s largest integrated entertainment and theme park destination, has reported more than 1.4 million visitors in the first half 2018 - an increase of more than 46% year-on-year.

The UAE 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% in the first half of the year. This was a significant increase, with overall occupancy for the same period in 2017 at 24%.

Commenting on the improved performance, DXB Entertainments Chief Executive and Managing Director, Mohamed Almulla advised “we are pleased to announce continued year on year growth in our visitor and hotel occupancy number.

"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."

After initial poor performance after its opening, DXB last year introduced cost-cutting measures as company losses widened to US$305 million - 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.

Image: Guest at Dubai Parks and Resorts' Smurfs Village.

5th August 2018 - New US$1 billion Warner Bros. World Abu Dhabi attraction opens

29th May 2018 - Dubai spends US$42.5 billion on mega projects ahead of Expo 2020

15th May 2018 - Dubai Parks and Resorts welcomes 45% rise in visitors in 2018

6th December 2017 - Mega events predicted to attract massive UAE tourism revenue by 2020

21st November 2016 - Dubai Parks and Resorts opens Bollywood Parks Dubai

6th September 2016 - World’s largest indoor theme park opens in Dubai

18th April 2016 - Dubai Parks and Resorts introduces ‘happiness fund’ for its staff

13th January 2016 - Dubai Parks and Resorts landscaping program bringing greenery to the desert

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