The energy going into providing facilities for tens of millions of foreign visitors is relentless. On the agenda for the next few years are around 16,000 new hotel rooms, running from the height of luxury to several budget accommodations, and half a dozen or more theme parks. Dubai has set itself the target of reaching 20m visitors per year by...
What are the most significant challenges in terms of the low-cost aviation industry’s ability to achieve critical mass in the GCC region?
How can Dubai ensure that hotel supply continues to grow but that it does not outpace demand?
The enthusiasm for building new hotels in Dubai precedes by at least a year the announcement in late November 2013 that the emirate had won the right to stage World Expo 2020. An increase in foreign visitors had already created demand for more rooms in both hotels and hotel apartments. Christopher Hewett, senior consultant at TRI Hospitality...
The world’s longest, fully automated driverless railway system is about to get a lot longer. Although extensions and new lines have been part of the plan for some time, winning the 2020 World Expo bid has fast-tracked some of the expansion, especially in the Jebel Ali area. Work will begin in 2014 on an extension from the existing Red Line along...
In September 2013, the UAE’s federal insurance regulator called for consolidation in the industry, a move that was welcomed by the growing chorus of players that have warned that the market was becoming saturated over the past five years. Although the Insurance Authority (IA) placed a moratorium on new licences for insurers and brokers in 2009...
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