Top Travel & Tourism News

ME Hotel Occupancy Highest In World

The Middle East has the highest occupancy and average room rates in the world at 75.3 percent and US$180 respectively. Press Release - 21Aug 11:26GMT
Jumeirah Set To Open Hotel In Shanghai

Dubai-based hotel group Jumeirah will open its Han Tang Xintiandi hotel in Shanghai, China, in December. Emirates Business 24/7 - 21Aug 08:16GMT
Creating better beaches in Dubai

Dubai's beaches are being filled up with sand in an effort to rejuvenate and rebuild areas that have been washed away by strong waves, spurred by seasonal shamal winds. Gulf News - 21Aug 05:34GMT
40,000 Kuwaitis Visited Lebanon This Year

Charge D'Affaire at the Kuwaiti embassy in Lebanon Mohammad Faisal Al-Mutairi affirmed Wednesday that the return of the political and security stability here attracted Kuwaitis back to Lebanon. KUNA (Kuwait News Agency) - 20Aug 13:11GMT
Star Cruises opens office at Dubai Airport Free Zone

Star Cruises Group, cruise line in the Asia-Pacific, and the largest cruise operator in the world, has recently opened its office at the Dubai Airport Free Zone. Khaleej Times - 20Aug 07:01GMT
Dubai gears up for medical tourism

The Ministry of Health (MoH) in Dubai is developing the necessary infrastructure to attract medical tourists, Nasser Khalifa Al-Budoor, the Assistant Undersecretary for International Relations and Health Affairs at the MoH said. Khaleej Times - 20Aug 06:44GMT
Asir hotel rates jump

Since the beginning of August hotels in Asir have been registering a nearly 100 percent occupancy rate, marking a 30 percent increase from the same time last year. The Saudi Gazette - 20Aug 06:36GMT
Curtain falls on Abu Dhabi festival

An eight-week family festival tipped as the UAE capital's largest and organised jointly by the Abu Dhabi Tourism Auth-ority (ADTA) and Abu Dhabi National Exhibitions Company (Adnec) ended on Monday, the organisers said. Gulf News - 20Aug 05:10GMT
Hotel occupancy rates in Beirut on steady recovery

The benchmark survey of the Middle East hotel sector by Ernst & Young indicated that occupancy rate at hotels in Beirut was 40 percent in the first half of 2008, up 4 percent from 36 percent in the same period last year. The Daily Star - 20Aug 05:01GMT
Tourism expands to Jabal al Akhdhar with more projects

The Ministry of Tourism in Oman will organise a festival at Niyabat Al Jabal al Akhdhar under the theme Hams al Sihab (Cloud Whisper) from August 25 to 29. Oman Daily Observer - 19Aug 06:13GMT

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Projects

Oman
Magical and Majestic
The city of Muscat, which is already known for its beauty and cleanliness, will soon get a new look with the strategic road, landscaping and beautification projects, undertaken by the Muscat Municipality.

Beirut's Whet Appetite
The resilience of the Lebanese has become legendary, and each war confirms that by the end of it people will sweep off the rubble and return to business as usual. Even tourists seem to believe as much.

Luring In Tourists
Even as Dubai has become more affordable for holidaymakers, hoteliers say this summer is one of the worst in recent years. Occupancy is way down.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Kuwait Food Company	Kuwait	3,304
2	Abu Dhabi National Hotels	UAE	1,971
3	Orascom Hotels and Development	Egypt	1,876
4	Kingdom Hotel Investments	UAE	1,022
5	National Ranges and Real Estate Company	Kuwait	725
» View Full List

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