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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The US-Israel campaign has turned Dubai’s strongest tourism months into a stress test for the emirate’s hospitality sector.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
If there is one sector that has been bearing the brunt of the Iran war in the UAE, it’s hospitality. Just a few weeks ago, hotels were running at near full capacity in Dubai. And now, with the Iran war in its fifth week, they have been cutting salaries to save costs and slashing prices to fill up the thousands of empty rooms.
Occupancy rates have plummeted across the board, from more than 80% in January to about 20-30% in Dubai. In some cases, the number is down to single digits. What is essentially a peak season has silently been …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
