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
World’s longest urban zipline launches in Dubai
Luxury cruiseliner Crystal Symphony makes Dubai first port of call
French President Macron inaugurates Louvre Abu Dhabi
Latest Travel News
Jumeirah Beach Hotel, Dubai, will be clo...
Etihad Airways National Day takeover of ...
World’s longest urban zipline launches i...
Featured Sights To See
Keats-Shelley Memorial House

Keats-Shelley Memorial House

Rome, Italy

The English Romantic poet, John Keats, travelled to Rome to get away from the inclement weather of England and spent the last few months of his life in the Casina Rosa or Little Red House, where he bravely struggled to cope with his ailing health and where he  tragically died of tuberculosis in 1821.The house situated at the foot of the Spanish Steps remains much the same from the outside a...

The Dutch Period Museum

The Dutch Period Museum

Colombo, Sri Lanka

This museum, housed in a colonial building dating back to the 18th century, showcases material and artefacts from the Dutch colonial rule, such as wood and ivory furniture, documents from the era, maps and photographs of the Dutch in Sri Lanka, and even crockery. Closed Fridays and all public holidays. 9AM-5PM. No 95 Prince Street, Pettah, Colombo 11. Phone: 0094112 448466. ...

Otetari Church

Otetari Church

Bucharest, Romania

Providing some spirituality to the busy locals, Otetari Church has a discreet presence in the city center. The inside of the church is very warm with paintings and illustrations of God and Jesus. Made of pure white exterior, the most powerful symbol is perhaps the huge dome that adds immense beauty to the carvings inside it. Address: Street Otetari 4, Sector 2 Phone: 0213152228           ...

Central Mosque Almaty

Central Mosque Almaty

Almaty, Kazakhstan

Address: Central Mosque, Medeu District, Almaty The large turquoise-blue dome visible from quite a distance beckons the faithful to prayer five times a day. As you get closer, you will begin to notice how refreshingly different the white marble mosque looks from all the grey Soviet-style architecture around the city. The 5 tall, blue-topped minarets, the calligraphy on the exterior facades, ...