by DubaiCity Author

LEGOLANDlegoland dubai® Hotel is in the process of coming up into an AWESOME LEGOLAND® Hotel to welcome you in 2020!

LEGOLAND® Hotel is in the process of coming to boring hotel rooms! Come STAY & PLAY at LEGOLAND® Hotel! This will be the perfect place for a family adventure complete with LEGO® themed play areas, kids entertainment, an outdoor pool and best of all its just a few steps away from LEGOLAND® Dubai and LEGOLAND® Water Park. The stay and play package at LEGOLAND® Hotel will also include FREE park tickets! All rooms and suites are LEGO themed and can host up to 8 guests per suite, or 5 guests per room! There will be no better place for a fun filled family adventure than LEGOLAND® Dubai Resort!

The legoland hotelLEGOLAND Hotel will be located at the entrance of LEGOLAND Dubai and LEGOLAND Water Park within Dubai Parks & Resorts. As a LEGOLAND Hotel guest you will be able to enjoy exclusive benefits when visiting LEGOLAND Dubai! We’re excited to share these with you soon!

DXB Entertainments, theme park company and operator of Dubai Parks & Resorts had recently announced that it is extending the temporary suspension of its operations across the park, in light of the COVID-19 outbreak. Following the announcement, DXB Entertainments said that it is in talks with its syndicated loan financiers, in regard to its $1.1bn (AED4.2bn) syndicated loan facility.

Commenting legoland hotelon DXB Entertainments’ cost management director and chief executive officer, DXB Entertainments, Mohammed Almulla, said: “Consequently, COVID-19 will have a material impact on our 2020 results. However, given the high level of uncertainty, it is too early to quantify this impact. Our contingency plans have been activated and as of today, we have either implemented or are in the process of implementing further cost savings, in addition to the material savings already delivered in 2019. Our liquidity position is robust and has further improved by reaching an agreement with our financing partners to defer a significant proportion of our interest over the next 15 months, significantly improving our near­ term liquidity.”

In 2019, the company had implemented a cost efficiency and optimisation plan in 2019, and delivered 24% savings year-on-year savings of $27.2m (AED172m) with further savings, due to the annualised impact, expected in 2020. Due to the present uncertain and unfavourable environment, DXB Entertainments also announced its decision to delay the opening of the Legoland Hotel from June 2020 to Q4 2020.

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