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: April 18, 2014
UAE. This is Etihad Regional's first year-round route to France from its Swiss base.
Posted: April 16, 2014
UAE. For Athens, the new flights will offerthe choice of two different departure times to and from Abu Dhabi, and for Larnaca, the additional flights will provide more choice and flexibility, as well as better connectivity over Abu Dhabi.
Posted: April 16, 2014
UAE. MEED's latest forecast is that new contract awards in the GCC will approach US$150 billion in the year ending 2014 compared with about US$135 billion in the previous 12 months.
Posted: April 16, 2014
UAE. January 2014 was another positive month for the hospitality industry in the Middle East, with several GCC cities, including Dubai, Doha, and Muscat, witnessing robust increases in their hospitality KPIs.
Posted: April 15, 2014
UAE. MBA students from the University of Cambridge recently completed a month of research and analysis on the opportunity to develop Sharjah as the leading private aviation hub within the MENA Region
Posted: April 15, 2014
UAE. Airline announces double-digit growth in passenger numbers to 3.2 million between January and March; Etihad Cargo achieves 26% revenue growth and 26% tonnage growth
Posted: April 13, 2014
UAE. 69.8% of participants at Abu Dhabi's Global Aerospace Summit believe their region's infrastructure cannot meet future growth ; Middle East (36.4%) and China (30.4%) seen as experiencing most international growth over coming decade.
Posted: April 12, 2014
INTERNATIONAL. The call ended abruptly possibly "because the aircraft was fast moving away from the (telecommunications) tower", The New Straits Times quoted a source as saying.
Posted: April 12, 2014
UAE. "Dubai's attraction as an investment hotspot was never greater," says Hamed Mokhtar, Managing Director at Fortress Investments.
Posted: April 9, 2014
UAE. Leapfrogging the traditional expansion models, airports in emerging markets are setting a benchmark in the world for airport infrastructure by offering a complete package.
Posted: April 8, 2014
UAE. Largest merger in the hospitality sector will create a combined company worth over AED365 million; Both entities will retain their brand names but will operate under BK Group Holdings and will offer complete travel and mobility solutions.
Posted: April 8, 2014
UAE. Speaking at the Global Aerospace Summit in Abu Dhabi, the airlines president highlighted how Etihad Airways and its network partners can now leverage economies of scale through joint procurement and resource sharing.
Posted: April 7, 2014
UAE. The Dubai real estate market started 2014 with optimism, driven by last year's strong performance and continued economic growth, according to JLL.
Posted: April 7, 2014
OMAN. The inaugural edition of the Professional Convention Management Association (PCMA) Advisory Summit 2014 discussed the depth and breadth of how the Sultanate can maximize the potential of the Oman Convention & Exhibition Centre, scheduled for completion in 2016.
Posted: April 4, 2014
UAE. Etihad Airways is close to an agreement to become Alitalia's biggest investor after studying the Italian carrier's books for the past weeks, people familiar with the matter said.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: April 19, 2014
UAE. Key sectors driving growth in the housing market are the tourism, hospitality, education and healthcare sectors, which is translating into robust population growth and demand.
date:Posted: April 17, 2014
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
date:Posted: April 16, 2014
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.
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