DXB Entertainments PJSC Announces Financial Results for the First Nine Months of 2020

25% year-on-year improvement in adjusted EBITDA loss for the nine-month period in 2020 Successful re-opening of MOTIONGATE™ Dubai with enhanced health & safety protocols in line with guidelines provided by the relevant authorities LEGOLAND® Hotel with 250 keys scheduled to open in December delivering over 1,300 hotel rooms to the destination   Financial Highlights (1 […]

DXB Entertainments PJSC Announces First Half 2020 Financial Results

Robust Q1 2020 performance with adjusted EBITDA loss improving 78% year-on-year, driven by the successful execution of the company’s cost efficiency strategy implemented in 2019 26% year-on year improvement in H1 2020 adjusted EBITDA loss despite Covid-19 related parks closure from 15 March 2020 through timely implementation of contingency plans Closure period utilised to focus […]

DXB Entertainments PJSC Announces Q4 2019 adjusted EBITDA of AED 2 million

Quarterly EBITDA profit reported for the first time in company history, ahead of target Efficiency and cost optimisation plan delivers 24% saving in FY 2019 operating cost, with further savings to be realised in FY 2020 Well positioned for growth with good progress on hotel strategy and enhancement plan for MOTIONGATE™ Dubai and Bollywood Parks™ […]

DXB Entertainments PJSC Announces Financial Results for the First Nine Months of 2019

13% year-on-year improvement in adjusted EBITDA loss 9M 2019 visitation was 1.8 million and Lapita hotel occupancy was stable at 60% Good progress towards delivering EBITDA breakeven with further operational efficiencies implemented in Q3 2019   1  EBITDA adjusted to exclude one-time and non-recurring charges and income  2 Operating costs comprise salaries and other employee […]

Dubai Parks and Resorts reports visitation for the first nine months of the year

Dubai Parks and Resorts attracts over 1.8 million visits in the first nine months of the year Lapita™ Hotel occupancy at 60%   DXB Entertainments PJSC (DFM: DXBE) today announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, attracted over 1.80 million visits during the first nine months of 2019, with […]

DXB Entertainments PJSC Announces First Half 2019 Financial Results

17% year-on-year improvement in adjusted EBITDA loss Continued improvement in hotel occupancy to 63% in H1 2019; Rove Hotel opens adding over 500 rooms to Dubai Parks and Resorts H1 2019 visitation was 1.4 million with Q2 2019 visitation up 5% Strategy in place to deliver EBITDA breakeven during H2 2020 Financial Highlights (1 Jan […]

Dubai Parks and Resorts reports visitation for H1 2019

641 thousand visits in Q2 2019, 5% higher than Q2 2018 Filipino National Day Celebration delivers record weekend visitation Hotel strategy on track with Rove Hotel opening in June 2019 DXB Entertainments PJSC (DFM:DXBE) today announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, attracted 641 thousand visits in Q2 2019, […]

DXB Entertainments PJSC Announces Financial Results for the first 3 months of 2019

DXB Entertainments PJSC Announces Q1 2019 Interim Financial Results Year-on-year improvement in adjusted EBITDA loss Strategy in place to deliver EBITDA breakeven during H2 2020 DXB Entertainments PJSC (DFM: DXBE) announced today its interim financial results for the quarter ended 31 March 2019, reporting AED 142 million in revenues, 760 thousand visits and 72% occupancy […]

Dubai Parks and Resorts reports visitation for Q1 2019

760 thousand visits in Q1 2019 Growth in international visitors; now representing 45% of visitor mix Growth in Lapita™ Hotel occupancy to 72% DXB Entertainments PJSC (DFM:DXBE) today announced that Dubai Parks and Resorts, the region’s largest integrated theme park destination, attracted 760 thousand visits during the first quarter of 2019 compared to 851 thousand visits […]

DXB Entertainments PJSC Announces 2018 Full Year Audited Financials and Results of Strategic Review

50% year-on-year improvement in EBITDA loss 22% year-on-year increase in visits, approaching 2.8 million in total, with hotel occupancy at 60% up from 35% in the prior year Strategic Review recommends to shareholders the expansion of both MOTIONGATE™ Dubai and Bollywood Parks™ Dubai to consolidate Dubai Parks and Resorts’ position as the Middle East’s leading […]