Average room rates at hotels in Dubai jumped 19% in November compared to the previous month a year ago boosted by a rise in corporate travellers to the emirate, according to a new report by TRI Hospitality.
A recent move by the European Union to impose a carbon tax - the EU Emission Trading Scheme - on airlines that use European airspace is likely to prompt Gulf carriers to boost fares on their flights to and within the continent.
Low-cost carrier Flydubai has announced that it is launching a new service to the city of Taif in Saudi Arabia and increasing the frequency of flights to other localities in the kingdom.
Saudi Arabia:
Thursday, January 05 - 2012 at 08:51
Etihad Airways has announced that it will spend $94.9m to boost its stake in Air Berlin, Europe's second largest airline, from 3% to more than 29% in a move that will give the Abu Dhabi-based carrier greater access to the European market.
United Arab Emirates:
Monday, December 19 - 2011 at 16:31
While Middle East carriers such as Emirates, Etihad, and Qatar Airways continue to place huge orders for aircraft as part of their global expansion strategies, they also face challenges finding qualified pilots to fly the new planes being added to their fleets.
Dubai-based Emirates Airline has announced plans to launch Wi-Fi services across its fleet of A380 jumbo jets, becoming the latest carrier in the region to ramp up its in-flight entertainment offerings.
United Arab Emirates:
Thursday, December 15 - 2011 at 08:49
Abu Dhabi-based Etihad Airways announced this week that it is buying 10 more Boeing 787-9 Dreamliners, making it the largest customer for that version of the much-delayed carbon fibre jet. The deal is seen as allowing Etihad to open up more nonstop routes given the 787-9's extensive range capability.
United Arab Emirates:
Wednesday, December 14 - 2011 at 09:11
Despite offering unspoilt landscapes and a rich history dating back thousands of years, Libya's tourism sector languished during the reign of Colonel Gaddafi. However, while his ouster opens up new possibilities for attracting greater tourism revenues, the country faces a host of challenges in its efforts to rebuild its tourism industry.
The International Air Transport Association (IATA) has slashed its 2011 profit forecast for Middle East carriers by 50%, citing tighter margins on long-haul routes due to high fuel costs. The trade body also warned that failure to stem the Eurozone banking crisis could lead to heavy losses for the global aviation sector next year.
Middle East:
Thursday, December 08 - 2011 at 09:00
The scale of the economic fallout means that very few places or businesses in the world have not been affected. As experts attempt to make sense of the damage inflicted and potential future scenarios for their respective fields, it would appear that airline carriers in the Gulf have less to worry about than most.
Middle East:
Wednesday, December 07 - 2011 at 09:36
Saudi tourism officials and hotels in the kingdom have been stepping up their efforts to entice local residents to travel within the country in hopes of capturing a larger share of the billions of dollars that Saudis spend on vacations overseas each year.
In addition to spending billions of dollars on new aircraft, Middle East carriers are also splashing out big money on new and improved in-flight entertainments systems to keep in step with the latest technology being developed for the aviation sector.
While hotels in Dubai have enjoyed a strong rebound so far this year, Abu Dhabi's hospitality sector is struggling to deal with an oversupply of rooms and a relatively limited range of offerings that limits its ability to attract a wide variety of tourists.
United Arab Emirates:
Wednesday, November 23 - 2011 at 14:31
Once again the region's carriers placed huge orders at the Dubai Airshow, with Emirates and Qatar Airways leading the way. But as these megacarriers continue their unprecedented growth, are they at risk of over-expansion?
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A new forum to discuss the UAE's development of government services began in Dubai yesterday with a call for a 'sustainable and inclusive' development model...
Hilton Worldwide and Al Ain Hospitality Investments LLC, the hospitality business arm of Al Ain Properties LLC, have signed a management agreement to operate...
Saudi Arabia occupies four-fifths of the Arabian peninsula. Jordan, Iraq, Kuwait, the Gulf of Oman, Qatar, the United Arab Emirates, Oman and Yemen border it. To the west lies the Red Sea.