General Travel News
KHI RevPar Declines 11 Percent In 2009
International hotel and resort company Kingdom Hotel Investments (KHI), announced Tuesday that it’s revenue per available room (RevPar) declined 11 percent in 2009 compared to the previous year. KHI is owned by Prince Alaweed bin Talal al Saud. Performance improved 3 percent in the three months ending on December 31, 2009, but RevPar in the Middle East during this period fell 7 percent.
KHI said that “the Movenpick Beirut and El Quseir, together with the Four Seasons Damascus, all experienced RevPar rises but were offset by continued significant falls at the Movenpick Dubai. The company said cash balance totaled $351 million and net debt was $173 million on December 31st, 2009.
More General Travel News
Latest Travel News
Featured Sights To See
Museum of Sacred Art
Sao Paulo, Brazil
As the name suggests, this museum has about 4,000 artifacts that are considered sacred in Brazil. There are some fabulous baroque and rococo art pieces that are worth seeing. The artifacts date as far back as the 17th century. Address : Av. Tiradentes 676, Centro Tel : 011-3326-1373 Timings : Tuesday-Sunday, 11am-6pm Entry fee : R$4 ...
Gangaramaya Temple
Colombo, Sri Lanka
Built in the 19th century, with decorations of stone carvings, brass work and paintings, the Gangaramaya Temple also houses a library and a museum. It is run by monks and is located next to Beira Lake. ...
Museum of Fine Arts
Houston, United States
This museum has an extensive collection of many works of art, including the Straus Collection of Renaissance and 18th-century paintings, as well as Post-Impressionist works from Gauguin, Van Gogh and Monet. Boasting over 45,000 pieces of art, this museum also showcases antiquities, African sculptures, costumes and textiles. The Beck Building has skylights in its roof, allowing sunlight to stream t...
Santi Giovanni e Paolo
Venice, Italy
Locally called San Zanipolo, this Dominican church is very large and contains valuable works of art. Near the side entrance is a 15th-century stained-glass window in which brilliant colors have been used to give life to the beautiful drawings by Bartolomeo Vivarini and Gerolamo Mocetto. After San Marco, this is the second official church of the Italy and is the Venetian conterpart of London's West...