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 5, 2016
UAE. Growth in luxury and mid-market accommodation options opens up Gulf state to new market segments; Tourism accounted for 1.5% of total GDP in 2015, and is set to rise to 1.8%.
Posted: March 30, 2016
UAE. MENA region second-fastest growing global market for spa and wellness; Health-focused tourists spend 130% more than regular travellers.
Posted: March 24, 2016
Panasonic is currently the supplier of CSS on all Boeing 787 Dreamliners and 747-8 Intercontinental aircraft.
Posted: March 18, 2016
UAE. The airline is one of the signatories to the Declaration of the United for Wildlife International Taskforce on the Transportation of Illegal Wildlife Products signed at Buckingham Palace.
Posted: March 17, 2016
UAE. Overall card spends in grew 9%; Increased domestic spending demonstrates resilience of UAE economy, says Network International; Restaurants (23%), clothing (4%) and hotels (4%).
Posted: March 15, 2016
UAE. Real Estate & Construction, Financial Services & Banking, Telecom and F&B most attractive sectors, accounting for 725 deals worth US$73.2 billion, reveals Al Masah Capital Report.
Posted: March 15, 2016
QATAR. With several hundred million TV viewers watching live, there is no room for error.
Posted: March 9, 2016
UAE. New deal will increase the long-term role of Mubadala as key partner to Boeing.
Posted: March 9, 2016
UAE. "Partnerships allow us to compete effectively and give us scale and differentiation, as well as reducing cost and delivering major benefits."
Posted: March 9, 2016
UAE. Data highlights the challenges faced by Dubai's external-oriented service-based economy. Uncertainty about global economic growth, volatility in financial markets and low oil prices have weighed on sentiment and activity.
Posted: March 4, 2016
UAE. Dubai based third-party hotel management company founded by Bani Haddad, marks the official launch with the unveiling of its new website; Company's first hotel set to open in Addis Ababa in spring 2016.
Posted: March 3, 2016
EGYPT. Some encouragement can be taken from the New Export Orders component, which is showing a slower pace of decline than in previous months.
Posted: February 26, 2016
UAE. Dubai, the world's number one hub for international passenger traffic, opens new Concourse D, the result of a US$1.2 billion investment to enhance service and boost capacity for the more than 70 international airlines that will now call it home.
Posted: February 25, 2016
UAE. These are extraordinary figures which provide evidence of Dubai's increasingly diversified economy, according to a Deloitte and MEED Project's new report.
Posted: February 24, 2016
UAE. With the exception of Manama, Cairo and Makkah, all the MENA hotel markets witnessed a decrease in RevPAR in January 2016, according to latest EY hotel survey.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 5, 2016
UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
date:Posted: May 4, 2016
INTERNATIONAL. The climate has rarely been so favourable to a resolution of the conflict. The chaos that is sweeping the Middle East has been a game-changer in relation to Israel and the Arab countries.
date:Posted: May 4, 2016
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
UAE. There are more negative than positive factors likely to impact oil prices in the short term. With current oil net-long speculative positions at an elevated level, a slight change in traders' outlook would lead to a significant selloff.
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."
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