General Travel News

Leisure marine market in Dubai on the road to recovery

After struggling to stay afloat during the global financial crunch last year, the leisure marine market in Dubai seems to be recovering slowly, it was learnt. Never before has the marine market had cancellations of orders for yachts, a key feature during the recession last year that affected the entire industry. However, interest in yachts has picked up since January this year. “The mid-segment, which was hit globally, is now recovering. We have seen a lot of interest since January this year,” said Christopher Behne, Managing Partner of BehenMar, one of the exhibitors at the Dubai International Boat Show (DIBS) slated to kick off on March 9.
Erwin Bamps, CEO of Gulf Craft, concurred: “Last year, even those with money were being very tight-fisted because of the uncertainty and insecurity brought on by the recession. However, a year down the line, people more or less know where the market is going, where the economy of their country is going, and how their company is doing.”
In this regard, the International Boat Show is an encouraging sign, added Bamps, since it shows that people are willing to invest in the marine market once again. This year’s show is going to be the 18th of its kind and attracts buyers and exhibitors from all over the world. “Dibs attracts people from as far as the US, India, Russia, Germany and Austria. Of course there is a strong regional representation with people coming in from Kuwait and Qatar. This is because, DIBS is more diversified as it caters to a larger audience in the leisure marine business,” said Bamps. 
 

More General Travel News
ATM Dubai to launch Holiday Shopper on 27 April 2019
Agoda partners with Saudi Ministry of Hajj to try to attract 30 million pilgrims
UAE carriers join hands to celebrate the legacy of Sheikh Zayed on 47th National Day
Latest Travel News
flydubai will fly to Tashkent from 11 Ma...
ATM Dubai to launch Holiday Shopper on 2...
Agoda partners with Saudi Ministry of ...
Featured Sights To See
Camel Park

Camel Park

Larnaca, Cyprus

A must visit especially for families with children and young ones, a whole day can be spent at the Camel Park. Kids will be thrilled to see baby camels trying to walk, and take a ride on the large beasts. There is an adventure trek through the park, and visitors can get a desert or tropical adventure within the premises. You can also pick up many souvenirs from the Bedouin tents, and children can ...

Victoria and Albert Museum

Victoria and Albert Museum

Mumbai, India

Victoria and Albert Museum, built in 1872, is the oldest museum in Mumbai.  It has now been named as Dr. Bhau Daji Lad Museum.  Here you discover the history of Mumbai through archaeological relics, maps and photographs. The museum also contains artifacts like clay models, costumes, finely shaped silver, copperware etc. Some of the most valuable articles relating to industrial and agr...

Safari Park

Safari Park

Karachi, Pakistan

One of the major recreational hotspots in Karachi, and a favorite hangout for couples. It contains a large "Safari" area, which contains animals like reindeer, camels, ostriches, llamas, and various species of mountain goats, that can be viewed from a distance in their artificially-made natural environments.It also contains large open spaces for walks, and children's attractions and swin...

Imaginosity

Imaginosity

Dublin, Ireland

Being Ireland’s first interactive museum for children under 9, it has become extremely popular. Exhibits are fun, exciting and extremely engaging. The musuem has an art studio so kids can get wild with colours and their imagination and a kid’s stage where children can create their own stories, try on different costumes and change the props on the stage. The museum also has a café (Café Kiddiccino)...