p14-15 City jun 5 3/6/09 20:12 Page 15
ttglive.com
city & finance news
Love…
Some major hotel projects
have been frozen in Dubai
40 'out of this
world' prizes!
Kuwait City and Muscat, said Rust. Those worst
hit by the recession – in terms of occupancy,
revpar and average room rate all dropping –
were Cairo and Dubai. The latter is set to gain
13,000 new hotel rooms in 2009, adding to its
existing 26,000, while some that were planned
to open in 2010 and beyond, such as a major
Trump project on The Palm, have been shelved.
Arthur de Haast, global chief executive of
Jones Lang LaSalle Hotels, said 2008 was a
global high for hotel investment, but the first
quarter in 2009 saw investment reach its lowest
levels since early 2002, following 9/11. “Qatar,
Oman, Saudi Arabia – these are the only ones
20 July 1969
with actual investment growth,” he said. ‘One small step for man,
Much on-track expansion in Dubai is to come
one giant leap for mankind!’
from budget and midmarket brands. Accor has
the biggest plans in the region, with 8,677 rooms Help us celebrate 40 years of man on the
in 36 hotels, many of them Ibis and Novotel moon with 40 fantastic prizes to be given
properties; InterContinental Hotels Group is
away, including:
rolling out brands such as Holiday Inn Express;
while easyHotels is set to make its debut. VIP tickets to see top sporting and music
Worrying noises were sounded recently by a events in London!
report released by
Catererglobal.com, claiming
Astronaut Training Experiences at
21% of the sector’s workforce had been lost in
the Middle East and North Africa.
Kennedy Space Centre!
But the feeling is that by the time hotel build-
35 Goody bags filled with goodies from both
ing work picks up again – 86,000 new rooms
Kennedy Space Center Visitor
in the Gulf region by 2011, according to the
Complex and Attraction World!
Catererglobal report – these jobs will be back.
40 days, 40 prizes!
Burj defiance
Simply make a booking for Kennedy Space Center -
One iconic hotel has done nothing to lower
rates – Jumeirah’s Burj Al Arab. Jumeirah Group
Admission Badge, Space Pass or ATX Experience.
executive chairman Gerald Lawless said: “We
Each day we will select a winner and post details
had average room rates of $1,000 for 2007-08
on our website
www.attractionworld.com
at the Burj Al Arab and our attitude is that the
Burj is not up for negotiation. But of course
we will see how the revpar balances out on
So don’t delay -
occupancy and average room rates.” launch that booking today!
Tourism contributed 19% to Dubai’s GDP in
2008 and the emirate still achieves the second
Over 5000 attractions at your fingertips
best average room rate in the world and the best
www.attractionworld.com
average occupancy rate (75.5%) in the world. click it for tickets
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