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NEWS
Attendance soars for Dubai Parks and Resorts as DXB reports half year visitor figures
POSTED 16 Jul 2018 . BY Tom Anstey
DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m
Things are looking up for DXB Entertainments, after the operator reported more than 1.4 million visitors to Dubai Parks and Resorts in the first half 2018 – an increase of more than 46 per cent year-on-year.

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

“We are pleased to announce continued year on year growth in our visitor and hotel occupancy numbers," said Mohamed Almulla, CEO and managing director of DXB Entertainments.

"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."

DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m (€246.9m, £219.2m) – 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.
PROJECT PROFILE:

Dubai Parks & Resorts
Matthew Priddy, chief technical officer for the US$2.9bn (€2.6bn, £2bn) Dubai Parks & Resorts development opening later this year, has said that the mega-resort’s launch will kickstart a tourism influx in the emirate as Dubai gears up for the 2020 Expo.


RELATED STORIES
  DXB plans US$1.15bn restructuring following losses increase for 2017


DXB Entertainments – the operator of Dubai Parks and Resorts – is planning to restructure a debt of US$1.15bn (€931m, £827m) as the attraction continues to struggle after missing expectations on visitor numbers.
  DXB Entertainments names Almulla as new CEO following Al Nuaimi departure


DXB Entertainments, owner of Dubai Parks and Resorts, has named Arab Media Group (AMG) chief executive Mohamed Almulla as its new CEO.
  DXB cutting costs by 20 per cent after posting Q1 loss


DXB Entertainments, the operator of Dubai Parks and Resorts, has said it will cut operating costs by 20 per cent this year after posting losses of AED292m (US$79.5m, €73.1m, £61.8m) in the first quarter of 2017.
MORE NEWS
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
+ More news   
LATEST JOBS
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Salary: c£70,000pa + benefits + relocation support
Job location: Isle of Wight , United Kingdom
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COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
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Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
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DIRECTORY
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DIARY

 

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NEWS
Attendance soars for Dubai Parks and Resorts as DXB reports half year visitor figures
POSTED 16 Jul 2018 . BY Tom Anstey
DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m
Things are looking up for DXB Entertainments, after the operator reported more than 1.4 million visitors to Dubai Parks and Resorts in the first half 2018 – an increase of more than 46 per cent year-on-year.

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

“We are pleased to announce continued year on year growth in our visitor and hotel occupancy numbers," said Mohamed Almulla, CEO and managing director of DXB Entertainments.

"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."

DXB introduced cost-cutting measures in 2017 as company losses widened to US$305m (€246.9m, £219.2m) – 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.
RELATED STORIES
DXB plans US$1.15bn restructuring following losses increase for 2017


DXB Entertainments – the operator of Dubai Parks and Resorts – is planning to restructure a debt of US$1.15bn (€931m, £827m) as the attraction continues to struggle after missing expectations on visitor numbers.
DXB Entertainments names Almulla as new CEO following Al Nuaimi departure


DXB Entertainments, owner of Dubai Parks and Resorts, has named Arab Media Group (AMG) chief executive Mohamed Almulla as its new CEO.
DXB cutting costs by 20 per cent after posting Q1 loss


DXB Entertainments, the operator of Dubai Parks and Resorts, has said it will cut operating costs by 20 per cent this year after posting losses of AED292m (US$79.5m, €73.1m, £61.8m) in the first quarter of 2017.
MORE NEWS
Universal launches new theme park model with Kids Resort
Universal Destinations and Experiences has launched a new regional theme park model with the opening of Universal Kids Resort in Frisco, Texas.
San Antonio Zoo reports $283 million economic impact as expansion plans progress
San Antonio Zoo has reported a US$283 million economic impact for 2025, following a decade- long transformation programme that has seen almost US$200 million invested into the Texas attraction.
Great Barrier Reef attraction set for AU$180 million reinvention
Plans for the AU$180 million redevelopment of Reef HQ Aquarium in Townsville, Australia, are progressing, with the project set to transform the attraction into a global centre for reef education and conservation.
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
+ More news   
 
COMPANY PROFILES
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

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