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: August 16, 2017
UAE. Jeff Youssef, Partner at Oliver Wyman and co-author of "Leveraging the Private Sector to Improve Airport Infrastructure", comments on airport privatisation in the region.
Posted: August 12, 2017
UAE. Global engineering and infrastructure advisory firm Aurecon has appointed Mieszko Iwaskow as its Transport Planning Leader.
Posted: August 10, 2017
UAE. Dubai recorded the highest H1 2017 RevPAR at US$209; Softer global and regional market economic conditions made the first six months of 2017 challenging for the hospitality industry, which is expected to continue the rest of the year.
Posted: August 7, 2017
UAE. "Olivier is brilliantly placed to help drive Holidayme's growth strategy through competitive challenges and opportunities ahead."
Posted: July 28, 2017
UAE. Passenger traffic up 6.3% compared to the corresponding period in 2016. Monthly traffic in June tops 6 million, up 3.9%.
Posted: July 28, 2017
UAE. One-off impairments on aircraft and equity investments contribute to US$1.87 billion net loss; Passenger revenues remain stable; Group-wide strategic review well underway to drive change and improve performance.
Posted: July 26, 2017
INTERNATIONAL. If making a buck meant not caring, would you still do it? With an annual infusion of US$15 billion, the sharing economy seems to be a case in point that spreading the love literally pays off.
Posted: July 18, 2017
SAUDI ARABIA. The online travel agency is seeking to invest further in KSA terming it as its regional expansion launch pad.
Posted: July 14, 2017
UAE. Gold Medal has reported a remarkable 294% rise on the previous year in forward 2017 summer holiday bookings from the UK to the UAE capital.
Posted: July 5, 2017
UAE. Trabzon joins Istanbul as Air Arabia's latest Turkish destination; Five weekly flights connecting Sharjah and Trabzon.
Posted: July 5, 2017
UAE. The iconic British retailer will supply bedding and amenity kits in Club World as part of the airline's 400m pounds customer investment plan.
Posted: July 2, 2017
UAE. Sohar becomes Air Arabia's third destination in Oman; Three weekly flights connecting Sharjah and Sohar starting July 9.
Posted: June 29, 2017
UAE. New booking system provides enhanced service in Heathrow Terminal 5.
Posted: June 28, 2017
UAE. Both lower occupancies and lower average room rates reduced overall revenue per average room (RevPAR).
Posted: June 28, 2017
UAE. Global defence subsector grew by 2.1% to US$351.3 billion as military spending increases; European commercial aerospace grew by 6.7%, outpacing the US which only grew marginally by 1.3%, for second consecutive year.

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: August 18, 2017
UAE. As many as 292 tenders with an estimated value of US$9.5 billion were awarded in Q2, while the total value of urban construction project awards set to reach US$50.9 billion in 2017, according to BNC Network.
date:Posted: August 17, 2017
UAE. Inaugural Global Interconnection Index finds interconnection becoming an essential building block of the global digital economy.
date:Posted: August 16, 2017
UAE. Jeff Youssef, Partner at Oliver Wyman and co-author of "Leveraging the Private Sector to Improve Airport Infrastructure", comments on airport privatisation in the region.
UAE. Cisco's security research organization Talos says once this ransomware enters your system, it uses three ways to spread automatically around a network, one of which is the known Eternal Blue vulnerability.
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