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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: May 20, 2013
KUWAIT. Damages for former leader Muammar Gaddafi's cancelling of the construction of a vacation resort in Tripoli, which would have included hotel accommodation, villas and a shopping mall.
Posted: May 20, 2013
UAE. Syndicated deal to finance purchase of 10 new Airbus A320 aircraft, which is part of a larger order for 44 A320s placed with Airbus in 2007.
Posted: May 18, 2013
SAUDI ARABIA. First Boeing 777-300ER delivered to Saudia with three-class cabin configuration; Airline has backlog of 21 Boeing airplanes.
Posted: May 17, 2013
UAE. It would replace a US$700 million 12-year term loan raised in 2005 to fund construction of Atlantis, according to two people with knowledge of the matter.
Posted: May 16, 2013
QATAR. Doha-based airline remains first and only carrier to fly Boeing 787 scheduled services to and from the UK.
Posted: May 16, 2013
KUWAIT. Kuwait Airways is buying 15 A320neo and 10 A350-900 planes with options for 10 more, five from each, chairman Sami al-Nasef said.
Posted: May 16, 2013
QATAR. More access to destinations across Thailand And alternative flights to Myanmar and Cambodia through new agreement.
Posted: May 15, 2013
UAE. The development will offer its guests 481 large rooms and suites, and 221 signature Viceroy Residences all with breathtaking views of the Arabian Sea made possible by innovative architecture and design.
Posted: May 14, 2013
OMAN. Recent research has shown that revenues and occupancy for four and five star hotels increased significantly in 2012, driven by Omani rather than foreign guests.
Posted: May 13, 2013
KUWAIT. Airline may sign the agreement as early as this month for 10 Airbus A350-900s and 15 single-aisle A320neos, according to two people familiar with the matter.
Posted: May 10, 2013
UAE. More and more KSA and UAE travellers using mobile and video for travel decisions; survey results indicate greater investment in online capabilities needed to develop opportunities and convert to bookings
Posted: May 9, 2013
UAE. Ernst & Young aviation industry forecast reveals while consolidation is creating a new breed of mega carrier, aggressive sector growth in the Middle East is capturing demand from rising middle class.
Posted: May 9, 2013
UAE. Dubai's new entertainment destination will be in excess of 1.5 million sq. feet in the first phase and will be the largest temperature controlled indoor entertainment destination in the world.
Posted: May 9, 2013
UAE. 10 wins for Jumeirah Hotels in Business Travel Awards and World Travel Awards.
Posted: May 7, 2013
UAE. The 7,205-yard, par 71 course will be located just ten minutes from Sheikh Zayed Road.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.



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