General Travel News

Gulf Hospitality Sector Still Recovering From Downturn

Top Industry experts said the hospitality industry in the Gulf region is still struggling to recover from the impact of the economic downturn.  There have been decreases in all four key measurements in year-on-year results for September.  STR Global Managing Director, James Chappell said “The region has improved, especially the UAE, considerably when compared to August, while average revenue per available room is finally showing signs of improvement.” 

Occupancy rates in the region fell 13.05 percent to 51.48 percent, average daily rates declined 10.45 percent to $197.51(Dh725.4), revenue per available room decreased 22.13 percent to $101.67, and revenues were down 15.49 percent to $396.83 million.  Qatar and Saudi Arabia had the worst declines among the Gulf countries. Occupancy rates in Qatar fell over 30 percent to 37.22 percent and Saudi Arabia occupancy rates fell 26.47 percent to 47.67 percent in 2009.
 

More General Travel News
Saudi Arabian Airlines wins best stand design award at Arabian Travel Market 2022
flydubai to operate some flights from Dubai World Central during runway refurbishment project at Dubai International
South Korea Pavilion among top five at Expo 2020 Dubai
Latest Travel News
flydubai to operate some flights from Du...
South Korea Pavilion among top five at E...
Collect souvenirs from the first Emirate...
Featured Sights To See
Fleet Street

Fleet Street

London, United Kingdom

Fleet Street is to journalism what Madison Avenue (New York) is to advertising and Wall Street is to banking: the first home of all British national newspapers, including Reuters. Even though today the street is now populated with investment banks, accountancy firms and legal offices, it is still used as a metonym for the British national press. The Docklands is now home to many British newspape...

Karasay Batyr Garden

Karasay Batyr Garden

Almaty, Kazakhstan

Address: Karasay Batyr Street, 3 blocks up the intersection at Tole Bi, Almaty Small community park, with grassy patches, large shade trees, and a pleasant variety of flowering shrubs. Makes for romantic winter evenings.  ...

South Street Seaport

South Street Seaport

New York, United States

The South Street Seaport is a historic district in Lower Manhattan adjacent to the Financial District.  It dates back to the seventeenth century and was the center of commerce in New York City until the 1850s, when steamships came into widespread use.  They required deeper water, and the main port moved to the other side of Manhattan, along the Hudson River.   The area fell into disuse until the s...

Museum Nasional (National Museum)

Museum Nasional (National Museum)

Jakarta, Indonesia

The museum houses vast collections of prehistoric, ethnographic and archaeological artifacts, including one of the world's largest collections of Southeast Asian ceramics and Hindu Javanese art. The museum was opened in 1868. http://www.museumnasional.org/ Address: Jl Merdeka Barat 12 New Jakarta Jakarta, Java Indonesia Tel: 021 381 2346  ...