Industry experts addressing delegates at the Arabian Hotels Investment Conference 2009 said the hospitality sector has been deeply affected by the global financial crises. They said there are signs of improvement but it is far from over. Deutsche Bank CEO for the Middle East and North Africa, Dr. Henri Azzam said it “could be deeper and longer than many of us anticipated.” Deloitte’s Global Managing Partner for Hospitality, Martin Russ, said Sars and the Gulf War look like blips compared to the effects of the global economic downturn.
However, while speaking about regional trends in the real estate market, Global CEO at Jones Lang Lasalle Hotel noted the Middle East is one of the few regions where positive economic growth is forecast for 2009. The International Monetary Fund forecast 2.5% growth for the Middle East in its April Global Economic Update.
The Goodman Gallery is a very successful art gallery that has been around for more than 30 years and plays host to contemporary South African works from artists such as Norman Catherine and William Kentridge. Address: 163 Jan Smuts Avenue, Parkwood Telephone: +27 (0)11 788 1113 Website: http://www.goodman-gallery.com/ Opening hours: Tue-Fri 0930-1730, Sat 0930-1600 ...
Tel: (02) 9281 6863. E-mail: edgarm@shfa.nsw.gov.au Opening hours: Daily 0930-1700. Admission: A$6. ...
Tian Tan Buddha, Po Lin Monastery is in Lantau. Here one can find the largest statue outdoors of a seated Buddha, made in bronze. The entire face and hand seems to bless all who come to visit. The serenity and calmness has an effect on even the most cynical. The bell inside rings by computer control, 108 times. The Monastery next door is very sacred to the Buddhists. ...
the river Spree divides Mitte into North and South sections and in the middle of it is the grandiose Museum Island, holding about 20 galleries and museums that will definitely leave you reeling. Do some research before going and decide which ones you want to see most. Each has admission fees (except for special days such as Lange Nacht der Museen and the first Sunday of every month, when entry is ...