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
Constance Halaveli Maldives offers the luxury of space in seclusion
Multiple Langham Hotels named in 2020 Readers' Choice Award
Swiss Belhotel to open 4 new hotels in the GCC
Latest Travel News
Multiple Langham Hotels named in 2020 Re...
Swiss Belhotel to open 4 new hotels in t...
Abu Dhabi and Wizz Air announce establis...
Featured Sights To See
Westminster Palace (Houses of Parliament)

Westminster Palace (Houses of Parliament)

London, United Kingdom

Like Westminster Abbey, Westminster Palace (or the Palace of Westminster) dates to the Anglo-Saxon period and the reign of Edward the Confessor.   Around 1050, he built the original palace.  In the century following the subsequent Norman Conquest, English governmental institutions began to move from the old Anglo-Saxon capital of Winchester to Westminster.  In 1310, under Henry III, the administra...

Skyscrapers

Skyscrapers

Sanaa, Yemen

The neighborhood contains multistoried residential buildings, some of which have been standing for more than four centuries. Constructed out of local basalt stone and ornamented with intricately carved friezes and moldings, the facades of these houses form a continuous, harmonious urban fabric that can, when viewed at a distance, generate a splendid skyline as a backdrop for the modern city, and, ...

The mausoleum of Imam Zadeh Saleh

The mausoleum of Imam Zadeh Saleh

Tehran, Iran

 is also worthy of a visit. The beautiful mosque dates back to the 8th century AD. ...

Palm Tree Island

Palm Tree Island

Doha, Qatar

This is arguably Doha’s most well known and definitely the most popular attraction. Located in Doha Bay, the wonderful beaches are worth a visit. Children are able to enjoy  in a shallow pool as well as on some fun fair rides. The dhow rides are also worth going on. Camel rides and water sports for the more adventurous are also available here. Timings: Daily 12 – 9: 30pm Admission: 20...