General Travel News

Boating Industry Emerges From Downturn

Indications of the downturn can still be seen amid the glamorous Emirates Boat Show, which opened in Abu Dhabi on Wednesday night.  A sign hanging over the Duretti 85, a 25 meter super yacht parked at the Abu Dhabi National Exhibition Center marina reads “Special Offer: Dh 6 Million”.  Shaju Sreedhar, Purchasing Manager at Dubai Marina, which makes the Duretti, attributes the ‘special offer’ to the recession, explaining that only two years ago, these boats with luxurious entertainment systems, dining lounges, and other comforts cost Dh6 million.  

Similar special offers can be seen in Boat Trader magazine, which has advertisements emblazoned with “Reduced Price” and “Big Discount”.  Manufacturers say the boating industry is only now beginning to emerge from the economic downturn.  The wealthy continue to spend millions of dollars on high end boats, but sales of smaller boats aimed at the middle and upper middle class are just starting to recover. General Manager for yacht builder Sunseeker Middle East, Francesco Pitea, said “The rich are still rich, the middle class are strong but scared.”
 

More General Travel News
Marshmello, Pitbull, Shaggy and Don Omar perform at the Diriyah Music Festival in Saudi Arabia
Jazeera Airways launches flights to Karachi
Emirates expecting over 500,000 arrivals into Dubai by early September
Latest Travel News
Jazeera Airways launches flights to Kara...
Emirates expecting over 500,000 arrivals...
Kazakhstan's new tourist attraction - fa...
Featured Sights To See
Chicago Cultural Center

Chicago Cultural Center

Chicago, United States

The Chicago Cultural Center was built between 1893 and 1897 as a public library.  It is built in the Neoclassical style, with touches from the Italian Renaissance.  When the new Harold Washington Library was built in 1991, it was converted into a cultural center.  The Cultural Center is also renowned for its intricate and ornamental details, including white Carrara marble staircases...

What to do with Children in Tow

What to do with Children in Tow

Ho Chi Minh City, Vietnam

Ho Chi Minh City offers plenty of places where you can take your children.      One place to spend the day is the Saigon Zoo. With 133 years of operation, it’s is one the oldest zoos world. The wide variety of indigenous animals, the aquariums and the museum can keep children occupied for the entire day. Several temples are also found in its extensive grounds. Ho ...

Fatahillah Square

Fatahillah Square

Jakarta, Indonesia

The old town of Batavia, now known as Kota, was once the hub of Dutch colonial Indonesia. Much of the one-time grandeur has now rotted, crumbled or been bulldozed away, but Taman Fatahillah, Kota's central cobblestone square, is still reminiscent of the area's heyday. To reach Taman Fatahillah, you can either take the Korridor I bus from Blok M or Jl Thamrin to Kota train station and walk, or take...

La Casa Natal de Simon Bolívar

La Casa Natal de Simon Bolívar

Caracas, Venezuela

Address: between Esqs San Jacinto and Traposos Cathedral Phone: +28 212 541 2563 Timings: Tuesdays to Fridays 9am to 4pm, Saturdays and Sundays 10am to 430pm. Admission free of charge This is the birthplace of El Liberator Simón Bolívar, the most highly esteemed national hero in Venezuela. It has been restored as a national museum with the utmost attention to detail. Constructed origi...