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Travel & Hospitality

FEATURED REPORT...
Posted: 27-11-2008
INTERNATIONAL. The International Air Transport Association (IATA) announced international air traffic for October showing a second consecutive month of global decline. International passenger traffic declined by 1.3% compared to the same month in the previous year, a smaller decline than the 2.9% drop experienced in September. The October load factor was 75%, approximately 2% below previous year levels. International air freight traffic contracted by 7.9% in October for a fifth consecutive month of increasingly severe drops. “The gloom continues and the situation of the industry rem
Posted: September 2, 2010
INTERNATIONAL. Mandarin Oriental Hotel Group and The Fat Duck Group have joined forces to create Dinner by Heston Blumenthal, Chef Heston Blumenthal's first London restaurant.
Posted: September 2, 2010
UAE. Priority Pass has added over 50 new lounges to its program this year making it the largest selection of lounges ever offered to its members.
Posted: September 2, 2010
OMAM. Heritage events & popular celebrations to attract travelers & boost local and regional business
Posted: September 1, 2010
INTERNATIONAL. Emirates flew the 500-seat aircraft into Manchester at the start of its daily services between Dubai and the northern England city.
Posted: September 1, 2010
UAE. Air Traffic Control Optimisation Summit will explore how the region's air traffic control authorities and operators are working together with airlines and military establishments to increase the capacity and efficiency of the region's air traffic corridors.
Posted: September 1, 2010
UAE. Financing requirements for the 12 months through March 2011 will be US$1.3 billion, and total about US$27 billion for the following six years.
Posted: August 31, 2010
QATAR. Frequency Up 20% with 14 extra flights a week across three cities; Delhi goes double daily; Amritsar up to daily; Cochin gets four extra flights.
Posted: August 29, 2010
UAE. The Pullman Dubai Mall of the Emirates, is scheduled to open its doors very shortly and is set to reinvent contemporary elegance.
Posted: August 29, 2010
UAE. Guest nights up 24% in July compared to the same period last year. The average length of stay increased by 6%.
Posted: August 27, 2010
INTERNATIONAL. Boeing said it would further delay the delivery of its first 787 Dreamliner until early next year after citing delivery problems with the Rolls-Royce engines.
Posted: August 26, 2010
UAE. Dubai developer plans to sign the sale agreement, for less than the asking priceof US$ 410 million, in the next ten days, its Chairman said.
Posted: August 26, 2010
INTERNATIONAL. Deloitte's new issue of the "Middle East Point of View" magazine provides insights into data protection, thought leadership in Islamic Finance, market efficiency in the Gulf, trends in GCC government services, and many other imminent topics.
Posted: August 26, 2010
UAE. Emirate's hotel apartments nights up 12% to 65,000.
Posted: August 26, 2010
UAE. Serves 551,041 passengers in GCC in H1 2010, up 16.8%; Total number of flights to GCC destinations increase to 83 per week.
Posted: August 26, 2010
UAE. Saffana Michael will support Boeing's growing presence and business objectives across the region.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: September 2, 2010
INTERNATIONAL. The triangle pattern has taken nearly 9 months so far, and a move over US$19.50 could start a multi-month run targeting US$26-US$29 per ounce for starters before a broad pullback.
date:Posted: September 1, 2010
UAE. Given the recent developments in Saudi Arabia and India, there is now a greater level of hope that the TRA and RIM will reach an agreement about the manner in which BB Messenger services are provided.
date:Posted: September 1, 2010
UAE. GCC Telecom markets are on the verge of saturation, while prices decline due to increasing competition, resulting in telcos profits being under very high pressure.
INTERNATIONAL. Masood Ahmed, Director of the IMF's Middle East and Central Asia Department, described the flooding as a "human catastrophe that is still evolving." Reconstruction costs expected to run into billions of dollars.