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 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.
Posted: October 2, 2014
UAE. Mohamed Alabbar participates in bell ringing ceremony at DFM; Emaar Malls is now trading under the ticker "EMAARMALLS".
Posted: October 1, 2014
UAE. The top five routes, accounting for 15% of all traffic, were Bangkok, London Heathrow, Doha, Manila, and Bahrain.
Posted: September 30, 2014
UAE. The new one-to-one business event for the MICE industry that has evolved from GIBTM, taking place at The St Regis Hotel Saadiyat Island Resort, Abu Dhabi from 10 - 12 February 2015.
Posted: September 29, 2014
UAE. The company will announce the hotel sale "in the next few months," Mohamed Alabbar said, less than seven hours after Emaar said it raised US$1.6 billion from the share sale of its malls unit.
Posted: September 26, 2014
UAE. Created by leading brand consultants Landor Associates, the new livery is inspired by traditional Emirati design patterns, the landscapes of the desert and the geometric shapes found in the modern architecture of Abu Dhabi.
Posted: September 25, 2014
UAE. Growth seen supported by the regional governments' initiatives to grow the sector, international tourist arrivals and growth in the MICE segment.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 22, 2014
UAE. 47% of Middle Eastern respondents indicated that they are considering a proactive shareholder engagement policy which can open and sustain a productive dialogue with investors.
date:Posted: October 22, 2014
UAE. HSBC global expat survey highlights job prospects, better salaries, higher personal security as primary factors attracting expats to the country.
date:Posted: October 22, 2014
UAE. The total number of IPOs in Q3 2014 was lower than the previous quarter where we saw seven offerings. However, the total value in Q3 2014 was US$ 1.6 billion, which is a 78% increase in total value compared to Q2 2014.
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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