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
UAE. Mr. Thomas will be based in New York where he will be responsible for all commercial activity for Etihad Airways, as well as further growing the airline's relationships with trade and corporate partners.
UAE. ATM 2016 roadshow highlights trending mid-market tourism; expanding low cost airlines will spur growth; Dubai offers tax break for mid-scale investment; less than 30% of Dubai hotel stock is three-star and below.
SAUDI ARABIA. Triple delivery of two Boeing 787-9 Dreamliners and a 777-300ER (Extended Range). A third Dreamliner will be delivered to Saudia within the next week. The airline ordered eight 787-9s in 2010.
UAE. According to research by IHC, survey of over a thousand UAE residents asked which brands they feel has the best image in the country, 43% chose Emirates, with Etihad coming in second with only 14% of the votes.
UAE. Deloitte publishes latest Real Estate Predictions Dubai Report which provides an economic overview and review of Dubai's residential, hospitality, office and retail markets in 2015 and examines the latest trends and developments and what lies ahead for 2016.
INTERNATIONAL. "It's going to come to a point where there is just going to be no real economical benefit to any kind of production staying at any kind of level in those countries. And once they come off, that's going to obviously support oil prices."