Monthly Archives: November 2015

Halleluiah!

Austrian developer, Kleindienst is set to complete its St Petersburg project, part of the 300-island The World, by October 2016. This 3rd phase will comprise the 109-room Tzar Hotel and 40 ‘Floating Seahorses’ – floating villas including 269 sq ft … Continue reading

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Games People Play!

September was another disappointing month for the hospitality sector as average room rates in the 4/5-star category dropped 2.3% to US$ 208. Although occupancy levels at 76.6% remained flat, all other indicators headed south – including total revenue per available … Continue reading

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No Good For You!

Nakheel has announced its latest development for Deira Islands – a JV with Centara Hotels & Resorts for a 550-key resort, complete with a waterpark. This would bring the Dubai developer’s room portfolio on the man-made location to 1.8k whilst … Continue reading

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A Change Is Gonna Come!

The big retail battle between Apple and Samsung is on in Dubai. This week, Samsung completed a major overhaul and expansion of its 9.2k sq ft flagship store in Dubai Mall ensuring that it was the electronics company’s largest global … Continue reading

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