Travel & Hospitality

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: July 2, 2015
UAE. US legacy carriers got the facts wrong, got the law wrong, and set their sights on an outcome that will be wrong for American consumers, communities and the national economy.
Posted: July 2, 2015
UAE. Merlin Digital launches a wide range of lifestyle products and accessories; The travel collection revolves around covering specific customer and market requirements.
Posted: June 25, 2015
SAUDI ARABIA. The deal consist arranging debt and equity financing to acquire 30 Airbus aircraft of A320-200 model and 20 aircraft of A330-300 model to be leased to SAUDIA.
Posted: June 24, 2015
UAE. 96 total projects and 36,523 rooms in the pipeline; activity is now at an all-time high with the new rooms to be added to the existing 65,000 as currently available in 2015, set to bring the total to over 100,000 by 2020.
Posted: June 24, 2015
INTERNATIONAL. McNerney remains board chairman; Muilenburg joins board; Conner continues as vice chairman; timeline to aid smooth transition.
Posted: June 22, 2015
UAE. Commercial subsector production expected to slow to 3% growth in 2015; Increase in UAE and Saudi defence spending amid global sector revenue decline.
Posted: June 18, 2015
INTERNATIONAL. A major revolution in the passenger experience is set to emerge as airlines invest in the IoT; Beacons first step to improve check-in, bag drop and collection.
Posted: June 18, 2015
UAE. Guest spending expected to decline by 15% on average during Ramadan; On-spend per room night however expected to increase up to 44%, especially in the spa.
Posted: June 18, 2015
LEBANON. The consensus growth forecast for 2015 fell to 1.5%, from 2% at the start of the year; Growth will be primarily driven by public spending, banking, ICT, and restaurants; No rise in real estate transactions or prices; 50/50 chance of a President being elected in 2015.
Posted: June 17, 2015
UAE. For business travel, Westerners lead in frequency; Survey examines the frequency and length of business and leisure travel amongst UAE residents, as well as other travel behaviours.
Posted: June 15, 2015
SAUDI ARABIA. The reduction in fuel burn per seat and maintenance costs will result in an overall cost reduction by up to 26% compared with the today's long-range A330-300.
Posted: June 15, 2015
EGYPT. Arab tourists increase by 20.9% during the first four months of 2015, according to the Chairman of the Egyptian Tourism Authority; Saudi tourists increase by 69.9 Emiratis 49.8% and Kuwaitis 37.1%.
Posted: June 11, 2015
UAE. As part of the multi-million dollar agreement, Accenture will provide strategy and management consulting services in the areas of human resources, finance, and procurement and supply management.
Posted: June 11, 2015
INTERNATIONAL. The International Air Transport Association (IATA) released details of a new mobile app for passengers to monitor their health and wellbeing before, during, and after a flight.
Posted: June 10, 2015
UAE. Of the three key sub-sectors monitored by the latest Emirates NBD Dubai Economy Tracker report, construction was the best performing in terms of output and employment growth, largely reflecting a sharp and accelerated increase in new development projects.


date:Posted: July 4, 2015
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
date:Posted: July 2, 2015
UAE. AQR Asset Management Institute hosts inaugural debate on monetary policy impact on global markets; 64% of delegates felt that Quantitative Easing is highly likely to create an asset price bubble - where prices become disconnected from reality.
date:Posted: July 1, 2015
UAE. 53% of employers rank lack of work experience as affecting nationals' employability, with only 30% of GCC students having taken any work experience; According to employers, communication skills (36%) and required skills and qualifications (22%) are further challenges to retention in the private sector.
INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
UAE. The Middle East has a unique set of challenges and opportunities with regard to creating large, mixed-use developments; In this interview, Louise Adams, Aurecon's former Country Manager UAE, describes the importance of investing in master planning and some of the current opportunities and trends within this region.