In the four years since the 2008-09 economic downturn swept the world, Dubai’s hotel industry has experienced substantial volatility. Occupancy and revenue per available room (RevPAR) rates dropped substantially in the wake of the crisis, especially at high-end luxury properties, as wealthy leisure tourists made an effort to reduce their...
The construction sector in Dubai was hit hard by the 2008-09 global economic downturn. Indeed, the constraints on financing slowed the pace of building work altogether and made many investors cautious about stumping up money before projects were completed. In mid-2011 and 2012 the market began to turn around slightly, buoyed by steady development...
What impact has the exhibitions and conferences industry had on the greater economy? What needs to be done to ensure sustainable growth?
For much of recent history, the emirate’s position has made it a hub for air travel. The city’s aviation history stretches as far back as 1937, when Dubai reached an agreement with the British government allowing Imperial Airways to land flying boats on the Dubai Creek in between buoys. The British carrier used the location for important flight...
To what extent is there an oversupply of capacity within the GCC given the amount of investment in either new or upgraded port facilities?
How do you respond to those that have questioned the size and scale of investment being made at Dubai International?
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