Hotels

Dubai RevPar Will Drop 25 Per Cent By Year End

Revenue per available room (RevPar) in Dubai is expected to fall by up to 28 per cent in Dubai by the end of 2009, compared to 2008.    The latest Hotel Market Forecast from STR Global hospitality analysts show the worst case scenario forecast for RevPar falling 29 per cent.  

However, PKF Consulting House said in their latest report that average daily rates and RevPar are expected to increase in December and keep increasing during the fourth quarter.  The report said “Hotels in Dubai can look forward with optimism to increasing occupancies and ADR through Q4 2009 and a positive outlook for 2010 and beyond.”   The Hotel Market Forecast aims to lessen uncertainty and help hotel owners and operators improve their decision making.  Dubai is the first Middle East market to be included in this forecast.
 

More Hotels
Waldorf Astoria Ras Al Khaimah invites guests to savor international culinary delights
Eid brunch at Bahi Ajman Palace Hotel
Emaar to launch first Address Hotel in Makkah
Latest Travel News
Prizes and concerts to mark 10th year of...
Eid brunch at Bahi Ajman Palace Hotel...
Philippine Airlines re-launches business...
Featured Sights To See
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. ...

Copacabana and Leme Beaches

Copacabana and Leme Beaches

Rio de Janeiro, Brazil

As with Ipanema, there are signposted areas designating which groups occupies which part of the beach. Leme beach is frequented by the favela children and older residents; while the area between the Copacabana Palace and Rua Santa Clara is where young footballers hold court while Posts 5 and 6 are a mix of favela children and Carioca residents. The beach is lit at night and there are police but it...

Jalan Surabaya (Surabaya Street)

Jalan Surabaya (Surabaya Street)

Jakarta, Indonesia

This is an open air antique market located on the outskirts of the Menteng residential neighborhood. This is a a good place to bargain for exotic treasures. ...

Coptic Museum

Coptic Museum

Cairo, Egypt

The Coptic Museum was built in 1910 to trace the history of Christianity in Egypt. Some of the highlights include Coptic textiles, ancient paper (known as papyri) with writings from the Gnostic gospels of Nag Hammadi, carved ivories, and Nubian paintings from the flooded villages of Lake Nassar. The setting of the museum is pleasing to the eye with florid designs and centered in a garden. &nbs...