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Tuesday, 06 January 2009 05:48 UAE time

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Dubai hotels slash rates by up to 40%

Dubai hotels slash rates by up to 40%

Travel & Hospitality
Hospitality group chiefs say price war looms as occupancy rates slump in the emirate due to global recession.

Egypt announces measures to bolster tourism
Travel & Hospitality
Country's top foreign currency hit hard as bookings for Jan. fall 30% from 2008.

Hospitality chief expects tough H1 in 2009
Travel & Hospitality
Emirates Hotels and Resorts VP says 'fine tooth comb' will be run through company costs.

Qtel first as family entertainment resort is set to open
Travel & Hospitality
Telecoms giant is first company to fund free public facility in Qatar, to open on Jan. 8.

more »MIDDLE EAST TRAVEL & HOSPITALITY COMMENT

Brand or bland?
The Middle East needs fewer tired old imported brands and more well-designed, forward-looking local ones, says Nigel Witham.

 Nigel Witham  

Ringing in the profit for hotels
Across Europe, mobile marketing is now being embraced by major brands as a core part of their marketing activity.

Matt Jones

EDITOR'S CHOICE

  1. Mideast IPO activity slumps at end of 2008 »
  2. Profit slowdown for Saudi banks »
  3. Israeli troops push into Gaza as casualties mount »
  4. Abu Dhabi gold jewellery sales fall 40% in Dec »
  5. Nakheel in talks with bankers over IPO - report »

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

Banking & Finance

  1. UAE banks at high exposure to real estate sector
  2. Profit slowdown for Saudi banks

Construction & Industry

  1. Dubai World Cup racecourse builders axed
  2. Saudi economic cities unaffected by falling oil, says CEO

Culture & Society

  1. Female suicide bomber kills 35 in Baghdad
  2. Expats receive leeway over ID card deadline

Education

  1. First Gulf signs $323mn Sorbonne campus loan
  2. New university students to face Arabic test

Energy

  1. Iraq bid to attract more international oil companies
  2. Price of crude oil rises for third day

Healthcare

  1. Bird flu flutters closer to Gulf countries
  2. Free healing for job losers

Islamic Finance

  1. Saudi Hollandi completes $207mn sukuk sale
  2. Qatar Islamic Bank eyes $1.04bn through wealth fund

Media & Marketing

  1. GCC's Apprentice show set for TV debut
  2. First Emirati feature film set to start production

Personal Finance

  1. Consumer pain as banks tighten lending rules
  2. Bank makes pledge on lending amid financial crisis

Politics & Economics

  1. UAE gov't to overhaul complaints system
  2. World leaders step up efforts to end Gaza crisis

Real Estate

  1. Saudi economic cities unaffected by falling oil, says CEO
  2. Villa prices fall by up to 45% amid real estate slump

Retail

  1. Abu Dhabi gold jewellery sales fall 40% in Dec
  2. Talks set to add more big retail names to new souk

Sport

  1. FA Cup draw throws up Merseyside derby
  2. Hughes vows to carry on spending after FA Cup exit

Technology

  1. Shrinking Apple CEO reveals illness details
  2. Internet services fully restored in Qatar - Qtel

Transportation

  1. Bahrain delays new law on transport of labourers
  2. 12% fall in Abu Dhabi road casualties

Travel & Hospitality

  1. Abu Dhabi steps up campaign to lure tourists
  2. Depa JV wins $32mn Singapore hotel contract

more »MIDDLE EAST TRAVEL & HOSPITALITY EVENTS

UPCOMING EVENTS

  1. OTM 2009
    17 February 2009 | Muscat, Oman
  2. HospitalityTech 2009
    20 April 2009 | Dubai, United Arab Emirates
  3. Arabian Travel Market
    5 May 2009 | Dubai, United Arab Emirates
See all events »

MORE TRAVEL & HOSPITALITY STORIES

  1. New campaign urges hotels to slash room rates
  2. Dubai set to boost Rwandan tourist industry
  3. Dubai in BA's top 10 destinations for 2009
  4. Hotels cancel, move New Year events inside
  5. Indian airlines flying to UAE set to slash fares
All Travel & Hospitality news stories »

SPOT POLL

What do you see happening to the number of expats arriving in the Gulf region in 2009?

The number will continue to increase as the Gulf economies continue to grow.
There will be a large number of new arrivals but they will be cancelled out by those leaving.
It will fall. The decline of the construction, real estate industries will result in less jobs for expats.
The Gulf will see a huge exodus of expats fed up with the spiralling cost of living.

Rich List 2008

MOST POPULAR TRAVEL & HOSPITALITY STORIES

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READER COMMENTS

  1. Dubai hotels slash rates by up to 40% 2
    05 Jan ' 09 at 11:56
    Never mind the airfares to the UAE, what about the extortionate prices of trying to get out of here? On average, a flight from Dubai...  More »
  2. Hotels cancel, move New Year events inside 1
    05 Jan ' 09 at 12:27
    Many comments have said, "how can you celebrate when children are suffering and dying?" I feel compelled to point out that every single...  More »
Read all user comments >

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