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English news

06-Sep-2016

DPR announces daily ticket prices; no surprises

Dubai Park and Resorts (DPR) has announced its daily ticket prices for the three theme parks set to open on 31 October. The following is of note: - Adult one-day motiongate Dubai tickets are set at AED330, AED285 for Bollywood Parks, AED295 for Legoland, AED240 for Legoland Water Park, AED395 for Legoland and Water Park combined - Between 11% and 15% discounts are offered for children (three to 11 years old) and seniors (above 60) - As guided, a “discovery price” of AED240 is announced for motiongate (at c27% discount) until the theme park is fully operational - Prices for multi-park and multi-day tickets were announced as well, ranging between AED480 for one day, all parks tickets and AED890 for four day, all parks tickets - Announced prices are in line with those guided by management and those incorporated in our model - Only the annual passes are currently available for sale. On-sale date for daily tickets is yet to announced (Company disclosure, Mai Attia, Sara Boutros)   Dubai Parks and Resorts (DU): AED1.70 as 5 Sept, Rating: Neutral, FV: AED1.44, MCap: USD3,706mn, DUBAIPAR UH / DUBA.DU

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