2013 Review. Focus on the Middle East. Philip Wooller. Area Director Middle East and Africa QATAR 03/02/2014

Transcription

1 2013 Review Focus on the Middle East Philip Wooller Area Director Middle East and Africa QATAR 03/02/2014

2 Our coverage As of Dec ,315hotels 3,799,665 rooms 8,818 hotels 1,161,800 rooms 514 hotels 133,692 rooms 726 hotels 115,469 rooms 653 hotels 117,804 rooms 5,308 hotels 1,081,125 rooms

3 Global performance RevPAR YTD December % (EUR) + 5.3% (USD) - 4.1% (USD) +4.7% (USD)

4 Not Back to Peak RGI Index on YE 2008, (USD except Europe in EUR) Africa Europe Middle East Asia Pacific YE 2007 YE 2008 YE 2009 YE 2010 YE 2011 YE 2012 YE 2013

5 Global Picture Supply & Demand % change YE % 10% 8% 6% 4% 2% 0% -2% -4% N. America C. S. America Europe Middle East Africa Asia Australia & Oceania Supply Demand

6 Global Picture Occupancy Rate, % Change 80% 75% 1.2% 70% 2.4% 3.4% 65% 1.5% -0.5% 60% 55% 50% 45% 40% 35% -2.8% 0.5% 30% N. America C. S. America Europe Middle East Africa Asia Australia & Oceania

7 Global Picture ADR in $, for Europe, YE % -4.5% % -7.8% % 2.4% N. America C. S. America Europe Middle East Africa Asia Australia & Oceania

8 Global Picture RevPAR in $, for Europe, YE % % % -2.0% 1.4% -3.7% -7.3% 30 0 N. America C. S. America Europe Middle East Africa Asia Australia & Oceania

9 Middle East

10 MEA Key Countries YE 2013, YoY % change, Occ and ADR (Local Currency) 15% 5% -5% -15% Bahrain Egypt Jordan Kuwait Lebanon Oman Qatar KSA UAE Occ ADR

11 Key Cities Middle East YE 2013, YoY % change, Occ and ADR (local Currency) 20% 15% 10% 5% 0% -5% -10% -15% -20% -25% Manama Cairo Amman Beirut Muscat Doha Abu Dhabi Dubai Occ ADR

12 MEA Key Cities 2013 YE2013 Occupancy and ADR - $ 80% 70% 60% 50% $300 $250 $200 $150 40% $100 30% Manama Cairo Amman Beirut Muscat Doha Abu Dhabi Dubai $50 Occ ADR

13 Demand Doha Market Class YE 2013 YoY% change: Supply, Demand RevPAR (QAR) 35% 30% 25% 20% 15% Luxury Doha (All) Upscale &Upper Midscale 10% Midscale 5% 0% Upper Upscale (Yellow) 0% 5% 10% 15% 20% 25% Supply

14 Doha Market YE 2013 vs. YE 2012, YoY % change, Occ, ADR and RevPAR (QAR) Doha Doha Lux Doha Upscale & Upper Mid Occ ADR RevPAR Doha Midscale Doha Upper Up

15 Doha Market YE 2013, ADR, RevPAR and Occupancy in QAR ر.ق % 90% ر.ق % ر.ق. 700 ر.ق % 60% 50% ر.ق % ر.ق. 400 ر.ق % 20% 10% ر.ق. 200 Doha Doha Luxury Doha Upper Upscale Doha Upscale & Upper Midscale Midscale 0% ADR RevPAR Occ

16 Middle East Top Markets % change on existing room supply December 2013 Cairo Abu Dhabi Amman Beirut Dubai Muscat Doha

17 Doha Pipeline Projects by Scale December ,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Luxury Upper Upscale Existing Upscale Upper Midscale In Construction/Final Planning Midscale Economy Independent

18 Qatar Pipeline Total Supply and projected openings 30,000 Total Supply 25,000 20,000 15,000 10,000 5,000 0 YE 2008 YE 2009 YE 2010 YE 2011 YE 2012 YE 2013 YE 2014 YE 2015 YE 2016 Total Supply

19 Pipeline In construction / Planning stage Park Hyatt Hilton Garden Inn Jumeirah Dubai Towers Four Points Sheraton Taj Exotica Rotana Meridien Doha Hotel Missoni Shangri-La Pullman West Bay Kempinski The Pearl Double Tree Armani Doha Rocco Forte Doha

20 MEA Revenue Share Rooms rev%, F&B rev% of Total rev, GOP MEA MEA ME incl Egypt Europe London KSA UAE Oman Egypt Qatar Kuwait Room % F&B % GOP %

21 P&L Qatar 2012 P&L Rev and Cost in QAR Total Revenue - Departmental Costs -Undistributed operating Expenses = GOP Per Available Room Per Occupied Room Total Rev 486, Total Room Costs - Total F&B Costs - Total Other Operational Costs - Total Undistributed Operating Expenses 38, , , , GOP 223,

22 Focus On the Middle East Philip Wooller STR Global You can follow us on LinkedIn, Twitter, Facebook 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.