Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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www.viability.ae …when diligence is due What should hoteliers really expect from Expo 2020 and the FIFA World Cup 2022? 28 th September 2014, DWTC The Expo 2020 site, Dubai (left) & the Al Wakrah Stadium, Doha (right)

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Introductory presentation by Guy Wilkinson of Viability Management Consultants for the panel session at the Hotel Show Vision Conference 2014 in Dubai entitled: "What should hoteliers really expect from Expo 2020 and the FIFA World Cup 2022?"

Transcript of Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

Page 1: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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What should hoteliers really expect from Expo 2020 and the FIFA World Cup 2022? 28th September 2014, DWTC

The Expo 2020 site, Dubai (left) & the Al Wakrah Stadium, Doha (right)

Page 2: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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Key Facts: Expo 2020 vs FIFA World Cup 2022

Off ic ia l Name W orld Expo 2020 Dubai F IFA W orld Cup 2022 Location Dubai World Central, Jebel Ali Stadiums across Qatar (all but one

within 60 km, making this the most compact World Cup in history)

Duration 24 weeks 3 weeks Dates 20 10 20 - 10 04 21 Summer or winter? TBC in 02 2015 Expected visitors 25 million (DTCM) 1 million (Qatar 2022 Supreme

Committee/Supreme Committee for Delivery & Legacy)

Key activities Multiple events staged at multiple national pavilions (70 in Shanghai 2010) representing the world’s nations

64 football matches

Key facilities 150-hectare exhibition site to form part of the 140 km2 Dubai World Central (DWC) ‘aerotropolis’

8 stadiums (was to be 12); 64 team base camps, 32 training facilities

Related infrastructure 100 new hotels (min), new metro line, new areas of DWC, new Jebel Ali theme parks, revival of mega projects in Dubailand

55,000 new hotel rooms, new metro, new railway, new airport, new port, new urban districts, etc, etc

Legacy ‘Legacy’ housing project will use site

Upper tiers of 9 stadiums will be donated to third world countries

!

Page 3: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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Expo 2020 Site in Context

Page 4: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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Dubai World Central Master Plan showing Expo Site

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Expo Site – Computer Renderings

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Dubai Hotel Pipeline 06 14

Viceroy P17 Tower, Sheikh Zayed Road

Chain Hotels Keys Rank Marriott 10 2,596 1 Starwood 5 2,530 2 The Address 7 2,448 3 Wyndham 3 1,889 4 Rotana 5 1,511 5 Hilton 5 1,505 6 Accor 4 1,390 7 Viceroy 3 1,378 8 Paramount 2 1,047 9 Flora 4 920 10 Hyatt 1 869 11 Premier Inn 3 827 12 MGM 3 692 13 Auris 3 635 14 Rezidor 3 633 15 IHG 2 608 16 Coral 2 532 17 Bin Majid 2 500 18 Citymax 2 495 19 Jumeirah 1 435 20

Chain Hotels Keys Rank Langham 1 323 22 Emirates Grand 1 300 23 Taj 1 296 24 Frasers 2 281 25 Ramee 1 265 26 Baccarat 1 263 27 Blue Bay 2 260 28 Fairmont Ra!es 1 260 29 Rosewood 1 250 30 Teal 1 240 31 Four Seasons 1 237 32 Time 1 234 33 Gulf Hotels 1 230 34 Sunland 1 217 35 Steigenberger 1 215 36 City Seasons 1 208 37 Melia 1 194 38 Millennium 1 151 39 Lotus 1 147 40 Total 94 28,419

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FIFA World Cup 2022 - Qatar’s 7 host ‘cities’

Page 8: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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The 12 Stadiums Source: www.stadiumdb.com 01 03 14

Page 9: Viability presentation on likely impact for hotel industry of Expo 2020 & FIFA World Cup 2022

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Images of Qatar World Cup Stadiums

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55,530 45,000* ---------- 100,530

Note: * 90% to be available

World Cup 2022 - Hotel plan from FIFA bid

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Doha Hotel Pipeline 06 14

Solis Hotel Doha

Chain Hotels Keys Rank Hilton 5 1,385 1 Katara 3 1,142 2 Rotana 3 1,100 3 Accor 4 983 4 Starwood 2 722 5 Shangri-La 2 636 6 Marriott 2 595 7 Capella 1 445 8 Frasers 1 396 9 IHG 1 347 10 Premier Inn 2 319 11 Kempinski 1 285 12 Morgans 1 270 13 Centara 1 264 14 Warwick International 2 250 15 Mandarin Oriental 1 249 16 Millennium 1 232 17 Golden Tulip 1 216 18 Dusit 1 194 19 Hyatt 1 181 20 Shaza 1 180 21 Wyndham 1 153 22 Time 1 114 23 Best Western 1 100 24 Souq Waqif 1 19 25 Total 41 10,777

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Panel Discussion

Tel +971 3 344 3734 Fax +971 4 344 0907