Travel & Hospitality

FEATURED REPORT...
Posted: 11-07-2011
UAE. Cluttons, the real estate specialist that has enjoyed a dedicated Middle Eastern presence since 1976, today announces its market report for Dubai’s Hospitality sector in Q2 2011. According to the report, Dubai’s hotel sector has benefited from the Emirate’s political stability within the Middle East region, with strong performance in occupancy levels and length of stay. With a total of 8.3 million visitors(1) in 2010, Dubai is still proving to be a popular and an attractive destination among tourists and visitors. Overall hotel occupancy in Q1 2011, peak-season for Dubai, av
Posted: October 30, 2014
UAE. 777-300ER makes up the majority of airline's fleet.
Posted: October 29, 2014
QATAR. Qatar to establish itself as a strong tourism hub in the Middle East, according to Deloitte's latest "Middle East Hotel Market Intelligence Report."
Posted: October 27, 2014
UAE. Spurred by an ongoing increase in the number of wide bodied aircraft, particularly in the fleet of Emirates, the passenger per aircraft movement increased by 4.6% to 201.8.
Posted: October 27, 2014
UAE. Major road, bridge and railway projects are already underway, or in the planning phase, in Dubai, Saudi Arabia, Qatar, Kuwait, Oman and Bahrain.
Posted: October 25, 2014
UAE. The top five routes from Abu Dhabi International Airport during September were Doha, London, Bangkok, Manila and Bombay. The top five routes accounted for 15% of all traffic.
Posted: October 23, 2014
UAE. As head of strategy, Adeline Ng will lead the strategic agenda for IHG in AMEA by evaluating market dynamics and identifying emerging growth opportunities.
Posted: October 21, 2014
UAE. Airlines in the Middle East will require 2,610 new airplanes over the next 20 years; Local commercial financing totals more than 65% of regional deliveries in 2013.
Posted: October 15, 2014
UAE. Located in Jebel Ali, LEGOLAND Dubai will cover a total of three million square feet and feature over 15,000 LEGO model structures made from more than 60 million LEGO bricks; To feature six themed areas.
Posted: October 15, 2014
UAE. New ventures report shows spending will double this year across the region, with a focus on five areas: rail, roads, airports, ports and free trade zones.
Posted: October 15, 2014
UAE. Expedia/Egencia study examines how mobile devices impact travel; Second only to India, UAE travelers are the most dependent on mobile devices - with 86% saying their smartphone is "very important/critical" versus 76% globally.
Posted: October 14, 2014
BAHRAIN. The projects will involve investment in the industrial, infrastructure, and tourism sectors and will increase Bahrain's competitive advantage.
Posted: October 14, 2014
UAE. Total revenues increase to US$1.8 billion in Q32014; Passenger numbers grow 30% to 3.9 million to outstrip capacity increase.
Posted: October 3, 2014
INTERNATIONAL. The double-decker flagship, known for first-class suites and deep-pile carpets sees a new life as a pilgrimage shuttle that may help revive flagging sales of the superjumbo.
Posted: October 2, 2014
UAE. The unit of the UAE's biggest-listed developer, Emaar Properties, climbed to as high as 3.50 dirhams, and was trading at 3.29 dirhams at 12:51 p.m. local time.
Posted: October 2, 2014
UAE. The deployment of mobile and internet connectivity across the entire fleet of 24 Boeing 777 passenger aircraft, makes it easier for passengers to stay in touch whilst in the air.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 29, 2014
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
date:Posted: October 29, 2014
UAE. Significant increase in inflows of private capital into UAE in 2014; UAE seen as hub between Africa and Asia; Political stability remains a major factor driving flows; UAE clear winner in the region, as other GCC countries see net outflows of private capital.
date:Posted: October 28, 2014
INTERNATIONAL. Foreign policy is what a president wishes would happen; foreign affairs are what actually happen; the problem that Obama has, which has crippled his foreign policy, is that his principles have not been defined with enough rigor to provide definitive guidance in a crisis.
UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
INTERNATIONAL. Bitcoin has followed a volatile path to growing acceptance since its creation in 2009; In this interview finance expert Arturo Bris analyses the risks associated with bitcoin.
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