General Travel News

Boating Industry Emerges From Downturn

Indications of the downturn can still be seen amid the glamorous Emirates Boat Show, which opened in Abu Dhabi on Wednesday night.  A sign hanging over the Duretti 85, a 25 meter super yacht parked at the Abu Dhabi National Exhibition Center marina reads “Special Offer: Dh 6 Million”.  Shaju Sreedhar, Purchasing Manager at Dubai Marina, which makes the Duretti, attributes the ‘special offer’ to the recession, explaining that only two years ago, these boats with luxurious entertainment systems, dining lounges, and other comforts cost Dh6 million.  

Similar special offers can be seen in Boat Trader magazine, which has advertisements emblazoned with “Reduced Price” and “Big Discount”.  Manufacturers say the boating industry is only now beginning to emerge from the economic downturn.  The wealthy continue to spend millions of dollars on high end boats, but sales of smaller boats aimed at the middle and upper middle class are just starting to recover. General Manager for yacht builder Sunseeker Middle East, Francesco Pitea, said “The rich are still rich, the middle class are strong but scared.”
 

More General Travel News
Swiss Belhotel to open 4 new hotels in the GCC
Abu Dhabi and Wizz Air announce establishment of new low cost airline
Emirates touches down in Mexico City
Latest Travel News
Abu Dhabi and Wizz Air announce establis...
Emirates touches down in Mexico City...
Air Arabia named as Middle East and Afr...
Featured Sights To See
Olympic Stadium

Olympic Stadium

Helsinki, Finland

Helsinki is an Olympic city. Having hosted the 1952 Olympic Games at this renowned stadium, today the place stands as a big tourist attraction. It now serves as a sports museum and venue for live entertainment events since it has a capacity of over 40,000 people. There are soccer fields next to the stadium and the biggest attraction is the Uimastadion that is the largest outdoor pool in the city. ...

Chahar Bagh Avenue

Chahar Bagh Avenue

Isfahan, Iran

Address: the main boulevard beside the Naqsh e Jahan Square complex, parallel to and west of Ostandari Street. A beautiful, wide, tree lined boulevard that stretches from west of the Naqsh e Jahan Square down past the Isfahan Palace Complex, and onto the Si-o-Seh Pol, leading towards the Armenian Quarters of Jolfa to the south. It forms today the main pedestrian and vehicular artery within th...

Rainbow's End Theme Park

Rainbow's End Theme Park

Auckland, New Zealand

Hours: Feb-Dec daily 10am-5pm; Jan daily 10am-10pm   Location: Great South and Wiri Station rds., Manukau City   Transportation: Take the Manukau motorway exit 15 min. south of Auckland and drive 400m (1,312 ft.) to the end of the Rainbow Phone: 0800/438-672 in NZ, 09/262-2030   Fax: 09/262-1958           ...

City Pillar Shrine

City Pillar Shrine

Bangkok, Thailand

When Bangkok became the capital in 1782, King Rama I ordered the construction of this shrine. Inside are the four gods revered by the Thais including Phra Seua Muang, Phra Song Muang, Phra Lak Muang and Phra Siam Devathiraj. All four are thought to be the protectors and guardians of the city of Bangkok.   Address: Th Rathchadamnoen Nai & Th Lak Muang Tel: 02222-9876  ...