25.03.2009TÜV Middle East - Introduction1 TÜV Middle East Welcome.
Presentation Title Subtitle Date and Location Middle East Hotel Performance Trends Philip Wooller...
-
Upload
philip-leonard -
Category
Documents
-
view
213 -
download
0
Transcript of Presentation Title Subtitle Date and Location Middle East Hotel Performance Trends Philip Wooller...
Presentation TitleSubtitle
Date and Location
Middle East Hotel Performance Trends
Philip WoollerArea Director – Middle East & Africa
Monday 8th October 2012
Europe €YE 09 YE 10 YE11 YTD12
-16.7% +9.7% +5.5% +5.3%
Asia Pacific $YE 09 YE 10 YE 11 YTD12
-20.0% +17.5% +8.8% +3.3%
North America $YE 09 YE 10 YE11 YTD12
-17.0% +6.0% +8.0%+6.8%
RevPAR % change
Middle East & Africa $
YE 09 YE 10 YE11 YTD12
Middle East -19.4% -6.3% +2.9% +8.9%
N. Africa -11.9% +11.7% -36.3% +10.5%
S. Africa -13.4%+12.7% -0.6% - 3.6%
RevPAR growth slowing down...
0% 1% 2% 3% 4% 5% 6% 7%0%
5%
10%
15%
20%
25%
YTD Aug’12, YOY % change, supply, demand, RevPAR $ (Europe in (€)
Europe (€)
Middle East
Asia Pacific
SUPPLY
DEMAND
North AmericaSouthern Africa
Northern Africa
Continued growth
YTD August 2012, YOY % chg, Occ and ADR (local currency)
Bahrain Egypt Jordan Kuwait Lebanon Oman Qatar KSA UAE
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
6.50%
22.20%19.00%
-4.20%
10.80%
16.54%
-11.00%
6.60%3.20%
0.30%
-6.20%
3.70%1.00%
-2.30%
-6.39%
-2.20%
5.20% 5.50%
Occ ADR
MEA – Key Countries
MEA Key Markets 2012
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
$ 0
$ 50
$ 100
$ 150
$ 200
$ 250
$ 300
42% 44%
68%
56% 57% 53%
81%
56%
76%
58%
Occupancy ADR USDJan-Aug 2012
Pipeline
AlgeriaBahrain
EgyptJordanKuwait
LebanonMorocco
OmanQatar
KSASyria
TunisiaUAE
0 20000 40000 60000 80000 100000 120000 140000 160000 180000
ExistingPipeline
# daily rooms in thousands, Aug 2012 pipeline
MEA – Revenue RatioRevenue ratios 2011, MEA
ME incl. Egypt
Europe London KSA UAE Abu Dhabi
Amman Beirut Doha Dubai0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
55%63%
72%64%
54% 50%57% 59%
42%
56%
36%31%
24%29%
38% 43%36% 30%
46%
37%
9% 6% 4% 6% 8% 8% 7% 11% 13% 8%
Room % F&B % Other Operating Department %
MEA – Revenue RatioRevenue ratios 2011, MEA
Kuwait Makkah Manama Medina Muscat Riyadh SSH Taba Jeddah0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
51%
78%
52%61%
53% 57% 53% 49%61%
39%
18%
29%
28% 39% 35%37%
37%
34%
10%3%
20%11% 8% 8% 11% 14%
6%
Room % F&B % Other Operating Department %
MEA – Revenue ShareRooms Revenue %, F&B revenue % of total revenue, GOP%, MEA 2011
ME in
cl. E...
Europe
London
KSA UAE
Abu Dhabi
AmmanBeiru
tCair
oDoha
Dubai0%
10%
20%
30%
40%
50%
60%
70%
80%
Room % F&B % GOP %
MEA – Revenue Share
Kuwait Makkah Manama Medina Muscat Riyadh SSH Taba Jeddah0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
Room % F&B % GOP %
Rooms Revenue %, F&B revenue % of total revenue, GOP%, MEA 2011
Muscat All Muscat Midscale
Muscat Upper
Midscale
Muscat Upscale
Muscat Luxury
Salalah-10
-5
0
5
10
15
20
Occupancy ADR RevPAR
Muscat by Class
Year to date 2012 v Year to date Jan 2011 , %chg, Occ and ADR (Omani Riyals)
Muscat Midscale
Muscat Upper Midscale
Muscat Upscale
Muscat Luxury Salalah0
20
40
60
80
100
120
Occupancy ADR RevPAR
Muscat by Class
Year to date 2012 Occupancy Rate and RevPAR (Omani Riyals)
Jan 10
Mar
10
May
10Ju
l 10
Sep 10
Nov 10
Jan 11
Mar
11
May
11Ju
l 11
Sep 11
Nov 11
Jan 12
Mar
12
May
12Ju
l 12
20%
30%
40%
50%
60%
70%
OMR 50
OMR 60
OMR 70
OMR 80
OMR 90
OMR 100
OMR 110
OMR 120
Occ ADR
Seasonality of OmanJan 10 – Aug 12, ADR OMR, Occ
Total Oman, rolling-12 ADR OMR, Jan 08 – Aug 12
Jan 08
Apr 08Ju
l 08Oct
08Jan
09
Apr 09Ju
l 09Oct
09Jan
10
Apr 10Ju
l 10Oct
10Jan
11
Apr 11Ju
l 11Oct
11Jan
12
Apr 12Ju
l 12
45%
50%
55%
60%
65%
70%
OMR 40
OMR 50
OMR 60
OMR 70
OMR 80
OMR 90
OMR 100
Occ ADR
Oman long-term view
Day of week analysis OmanLast three years day of week Occ, ADR OMR
Sun Mon Tue Wed Thu Fri Sat42%
44%
46%
48%
50%
52%
54%
56%
58%
OMR 79
OMR 80
OMR 81
OMR 82
OMR 83
OMR 84
OMR 85
OMR 86
OMR 87Occ ADR OMR
Oman – Regional Oman – Muscat
2% 3% 4% 5% 6% 7%9%
11%
13%
15%
17%
19%
21%
23%
25%
YTD Aug 12, YOY % change, supply, demand, RevPAR OMR
Regional Oman
SUPPLY
DEMAND Oman
Muscat
Middle East
P&L 2011 Oman
Total Revenue
- Departmental Costs
-Undistributed operating Expenses
= GOP
P&L Revenue and Cost in USD, per available room, per occupied room
Per Available Room
Per Occupied Room
Total Revenue 96,438 410.50
- Total Rooms Costs 7,618 32.40
- Total F&B Costs 23,355 99.40
- Total Other Opertion Dept Costs 2,098 8.90
- Total Undistributed Operating expenses 20,889 88.90
= GOP 42,478 180.80
Supply and Pipeline
Luxury Upper Upscale
Upscale Upper Midscale
Midscale Economy Inde-pendent
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
Existing In Construction Final Planning Planning
Current Room Supply and Pipeline, # rooms
STR Global, Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all or a portion of this presentation for any purpose without prior approval of STR Global is strictly prohibited.
This presentation is based on information compiled by STR Global Ltd. No strategic or marketing recommendations or advice are intended or implied.
Contact details
Philip Wooller+ 971 (0)557 701202
www.strglobal.comYou can follow us on Twitter, Facebook,