Hotels

‘Pressure on GCC hotels after recession’

May 19 - The global financial meltdown has adversely affected the hotel rates in GCC states, said the organisers of The Hotel Show in Dubai that kicked off yesterday. "There are between 16,000 and 20,000 hotel rooms to enter the Dubai market by the end of the year, which will contribute to producing lower room rates and attracting more visitors to Dubai," said Department of Tourism and Commerce Marketing (DTCM) Director General Khalid Bin Sulayem.
Meanwhile, a Proleads study unveiled at the show depicted that there are more than 470 active hotel projects in GCC countries at the moment. These are projects that remain incomplete for various reasons. "Originally when these projects were conceived, the regional hospitality industry was booming," said The Hotel Show Sales Director Ray Tinston.
Tinston, who also quoted a recent Deloitte analysis of STR Global hotel data, said that revealed that the revenue per available room (RevPar) rates in the Middle East was estimated at $131.42 in the 12-month period ending last February. These figures, he added, are still higher than what is seen around the world. "If the region is to complete globally, RevPar rates need to be competitive," he added.
 

More Hotels
Rixos Ras al Khaimah launches May Fest 2017
DUKES Dubai hotel launches exclusive, women’s only Duchess Floor
Swissotel opens new luxury hotel in Makkah near the Ka’aba
Latest Travel News
Emirates A380 Onboard Lounge on display ...
Etihad’s heavyweight promotion at Arabia...
Emirates cuts flights to the United Stat...
Featured Sights To See
Everard Read Gallery

Everard Read Gallery

Johannesburg, South Africa

The Everard Read Gallery established almost 100 years ago is among the largest private art galleries in the world and is home to contemporary art works from several South African and international artists and specializes in wildlife paintings and sculpture.   Address: 6 Jellicoe Avenue, Rosebank Telephone: +27 (0)11 788 4805 Website: http://www.everardread.co.za/ Opening hours: Mo...

Ski Dubai

Ski Dubai

Dubai, United Arab Emirates

Winter is the last thing that comes to mind on a sweltering 45 degree afternoon in Dubai.  Unless of course you happen to be at Ski Dubai in the Mall of the Emirates, the first and largest indoor snow park in the world.  This is another of Dubai's zany wonders.  Enjoy five runs of varying difficulty, height, and gradient.  The longest is over 400m with a 60m drop, and skis and ...

Brunei Museum

Brunei Museum

Brunei Darussalam, Brunei

Located on a hill at Kota Batu road, this museum has an excellent display in the Islamic Art Gallery and a large and impressive collection of Korans filled with beautiful calligraphy and clever craftsmanship. Other galleries have bronze and natural history exhibitions. Not far away from the museum are the tombs of Sharif Ali, the third sultan of Brunei, and Sultan Bolkiah, the fifth sultan of Brun...

Le Jardin

Le Jardin

Phnom Penh, Cambodia

Located at 16 Street 360, this is the place your kids will love. Take them there for breakfast or lunch. While the delicious food arrives, kids can play in the fully toy-equipped play area and enjoy themselves.                    ...