Jumeirah Group, the Dubai hotel giant, said it is optimistic about a recovery in its home tourism market by the end of 2009, following a first quarter revenue drop of 20 per cent. Executive Chairman of the Jumeirah Group, Gerald Lawless, said their profits are down compared to last year and he described the coming months as challenging. He said their message to visitors is “yes you can now visit us, we have the availability and we are more affordable than we were.”
Because Dubai receives nearly 20 per cent of its gross domestic product from the tourism sector, they are more affected by the effect of the global economic slowdown. Consultant STR Global said for Dubai, revenue per available (RevPar) room in March declined by 41% while the number of visitors decreased only 15.6% during the period, suggesting hotels have cut prices.
The Hanoi Presidential Palace is a grand colonial mansion next to the Ho Chi Minh Mausoleum which can only be viewed from the outside amid tight security. Behind the Presidential Palace are the Botanical Gardens which are beautiful, and infinitely more interesting than the palace structure itself. ...
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The economic hub of Germany and all of Europe, the European Central Bank is charge of administrating the monetary policy of the European Union. Tours for the bank have to be arranged via tourist agencies in Frankfurt. Address: Kaiserstraße 29 60311 Frankfurt, Deutschland Phone: 069 1344-0 URL: www.oma.eu ...
Smaller park than the Weiner Prater, but unique in its own way. Home of the Vienna Boys' Choir....