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 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.
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.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 25, 2014
QATAR. Real GDP growth slowed to 7.3% in Q3 2014; However, the days of voracious Chinese demand driving up global commodity prices are probably over.
date:Posted: October 25, 2014
UAE. "When the system collapses, it is not the end of the world. It simply means that the major trading and financial powers in the world come together in a conference to write new rules of the game." ICA Conference in Dubai to address lessons from global economic crisis.
date:Posted: October 23, 2014
UAE. Deflationary reading of data endangers risky assets; Global cues drive GCC markets; Growth scare unsettles investors; Extreme bearishness on oil may be overdone.
UAE. "When the system collapses, it is not the end of the world. It simply means that the major trading and financial powers in the world come together in a conference to write new rules of the game." ICA Conference in Dubai to address lessons from global economic crisis.
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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