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: November 28, 2015
UAE. Total passengers set to double to 7 billion by 2034; The UAE, Qatar and Saudi Arabia will all enjoy strong growth of 5.6%, 4.8%, and 4.6% respectively. The total regional market size will be 383 million passengers.
Posted: November 27, 2015
UAE. Pressure has been felt on revenue for Dubai City Spas owing to the increase in walk-in guests -typically local residents - as opposed to in-house guests, according to Colliers International's Dubai Spa Benchmark Report.
Posted: November 25, 2015
UAE. Answering consumer demands, with 60% of UAE residents ordering take-away at least once per week; DST Global leads US$100 million Series D investment.
Posted: November 22, 2015
UAE. Arabian Travel Market 2016 Travel Tech Theatre line-up to identify customer engagement opportunities in the race to improve conversion rates with online bookings in Middle East forecast to grow from 25% to 36% by 2017.
Posted: November 20, 2015
UAE. Report commissioned by Amadeus defines the six "traveller tribes" or segments that will emerge by the end of the next decade; 32% of travellers from the Arab Region are "Simplicity Searchers", who value above everything else ease and transparency in their travel planning and holidaymaking.
Posted: November 20, 2015
UAE. Deloitte report reveals the golf industry's contribution to Dubai's sports industry; Golf accounts for a quarter of total sports expenditure and contributes 30% to sport's total economic impact in Dubai.
Posted: November 20, 2015
UAE. Deliveries worth US$270 billion through 2025, with a 3-5% reduction over 2014 forecast; Share of MEA in five-year global demand remains below historical range of 4-7%.
Posted: November 18, 2015
SAUDI ARABIA. 31 major debt deals completed in 2015, excluding sovereign issuance; Largest deal was Aster DM Healthcare's acquisition of 57% stake in Sanad Hospital; Saudi debt deals, excluding sovereign issuance, totalled US$ 32.4bn in Q1-Q3.
Posted: November 17, 2015
UAE. The highly evolving retail market in UAE, not only has grown to be the first shopping destination in the region but it continues to attract shoppers and retailers alike from around the globe.
Posted: November 16, 2015
UAE. First in the region to successfully introduce an automated Traveler Document Authentication System, using the latest innovations on offer to deliver a smooth passenger experience.
Posted: November 14, 2015
INTERNATIONAL. Milipol Paris 2015: The global security market in its broadest definition has, for the first time, surpassed the 500 billion euro mark in 2014 (507 billion): 5.8% against 5.2% the previous year.
Posted: November 13, 2015
UAE. "The 2015 Dubai Airshow has been very positive for Boeing as we strengthened alliances with partners, secured key commercial airplane orders and met with senior government leaders and customers."
Posted: November 13, 2015
UAE. Abu Dhabi Air Expo 2016 is being held from March 8th to 10th, as part of Abu Dhabi Aviation and Aerospace Week.
Posted: November 13, 2015
UAE. The event strenghtened GE's deepening relationship with the Middle East's leading aviation players.
Posted: November 12, 2015
EGYPT. "Security checks using the new x-rays started immediately following their installation as an additional security measure," says the head of the airport.


date:Posted: November 30, 2015
UAE. S&P Survey - conducted by Gallup, GFLEC, and World Bank - finds major deficiencies globally in understanding of savings and borrowing; GCC has large financial literacy gaps across income and education.
date:Posted: November 30, 2015
UAE. Union Bancaire Privée: 2016 will be about the search for modest growth, while Fed fund rates will be hiked for the first time since 2007; While the US is further along into its recovery, Europe and Japan are only in the early stages.
date:Posted: November 29, 2015
UAE. Number of new Chinese businesses nearly doubled since 2010; UK leads Western Economies in growth of new startups, finds a new study by UHY.
INTERNATIONAL. Robotics is making this new area of medicine possible. Cary G. Vance, CEO of Hansen Medical Inc., tells The Life Sciences Report about disruptive advances in interventional radiology and Hansen's own revolutionary robotic catheters.
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