The group’s hotels, which include Burj Al Arab and Emirates Towers, reported average occupancy of 85 per cent during the four-month period and revPAR increases of 7 per cent over the same period last year. Full story: HotelierMiddleEast.com
Fresh food prices in Dubai fell 4.1 per cent in April, according to the Dubai Chamber of Commerce and Industry’s monthly Fresh Food Price Index (FPPI).
The April results of the FPPI is based on a collection of 595 price quotations acquired from Dubai's main fish and vegetable market, major hypermarkets as well as from smaller but easily accessible groceries. Full story: Emirates 24/7
Dubai hotels, rest houses, serviced apartments and student accommodation will be brought under a new classification, it was announced yesterday.
It will be implemented later this year within a 12-month period replacing the existing classification system, a government statement said. Full story: zawya.com
Emirates Airline president Tim Clark has vowed the Dubai carrier will push ahead with ambitious expansion plans in the face of a growing list of challenges he said included “monster” fuel prices, regional unrest, and a fragile global economic recovery.
Speaking on the opening day of the Arabian Travel Market in Dubai, Clark said that while it was “anybody’s guess” how long it would take oil prices to retreat from recent highs of over $100 a barrel, Emirates had no regrets about an ambitious aircraft delivery schedule which will see it operate 90 double decker Airbus A380s. Full story: 7days