General Travel News

Economic Slowdown Hits Middle East Hospitality Industry

UAE Hotel's occupancy rates and revenue per available room (RevPar)  dropped sharply during the first four months of the year due to the global economic slowdown and the slowing inflow of tourist and business people into the region.  

A Deloitte Tourism, Hospitality, and Tourism Middle East partner said the Middle East has been severely impacted by the “low levels of economic activity around the world.”  Occupancy rates fell  9.6% and RevPar fell 14.9%.  Robert O’Hanlon said based on data provided by STR Global, Dubai occupancy rates fell 16% and RevPar declined 34.5% during the first four months of the year.  The percent change is for the four months ending April 2009, compared to the same period in 2008.
 

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Featured Sights To See
Gesuati

Gesuati

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Oil Museum

Oil Museum

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Situated only some meters from where Bahrain’s first oil well was found in 1932 near Jebel Dukhan, (Mountain of Smoke), the Oil Museum was formally opened in 1992.It contains used drilling gear, underground rock samples, maps and information about the companies that initiated oil exploration in Bahrain which was the first country in the Arabian Gulf to find oil.Timings: Thurs and Fri: 9am-6pm A...

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One-Pillar Pagoda

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To the right of the Ho Chi Minh Museum, near Ba Dinh Square, is the unique One-Pillar Pagoda - also known as Lien Phai Pagoda, or the Pagoda of the Lotus Sect - a wooden structure built in 1049 that sits on stilts over a lake. The pagoda is a miniature reproduction of the original temple, which was said to represent a lotus emerging from the water. Prayers offered here are said to bring fertility ...