Wynn Resorts (WYNN) Investor Presentation summary

Strategic vision and market context

• Ras Al Khaimah is pursuing an ambitious Vision 2030, focusing on economic diversification, urban development, and tourism growth.

• The region's GDP is projected to grow from $12.8 billion in 2024 to $17.7 billion by 2030, with a 5.5% CAGR.

• Foreign investment is encouraged through 100% foreign ownership, low corporate tax, and no personal tax.

• Over $35 billion in development and infrastructure spending is planned or underway, with 200,000+ new residents anticipated by 2030.

• Infrastructure improvements include road expansions, airport upgrades, and new air taxi services, reducing travel time from Dubai to Al Marjan Island to 15 minutes.

Tourism and hospitality growth

• Ras Al Khaimah's tourism market is expanding, with visitor numbers expected to rise from 1.3 million in 2024 to 5.3 million by 2030.

• Hotel supply is set to more than double by 2030, with 16,229 keys projected, yet demand is expected to outpace supply by over 8,400 keys by 2027.

• The region is recognized globally for its diverse geography and safety, and has been featured in major travel publications.

Al Marjan Island and project impact

• Al Marjan Island is fully sold out, with major hospitality and residential projects announced, including globally recognized brands.

• Land prices on Marjan Island have nearly tripled since 2021, driven by the announcement of the Wynn project.

• The Marjan land bank offers over 60 acres for future development.