General Travel News

Global Economic Crisis Impacts Hospitality Sector

Industry experts addressing delegates at the Arabian Hotels Investment Conference 2009 said the hospitality sector has been deeply affected by the global financial crises. They said there are signs of improvement but it is far from over. Deutsche Bank CEO for the Middle East and North Africa, Dr. Henri Azzam  said it “could be deeper and longer than many of us anticipated.”  Deloitte’s Global Managing Partner for Hospitality, Martin Russ, said Sars and the Gulf War look like blips compared to the effects of the global economic downturn.

However, while speaking about regional trends in the real estate market, Global CEO at Jones Lang Lasalle Hotel noted the Middle East is one of the few regions where positive economic growth is forecast for 2009.  The International Monetary Fund forecast 2.5% growth for the Middle East in its April Global Economic Update.

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Featured Sights To See
Dar Bouderbala

Dar Bouderbala

Tunis, Tunisia

Aiming to promote young, contemporary local artists, Dar Bouderbala or the Medina Gallery is a delightful place with paintings and aesthetic displays from all over Tunisia. Housed in a 19th century mansion, the building itself adds to the artistic aura of the place after being heavily renovated. Admission: Admission is free of charge, so drop by here on your way to other sites and attraction...

Fisherman’s Bastion

Fisherman’s Bastion

Budapest, Hungary

The Fisherman’s Bastion is a medieval looking stronghold that offers impressive views of the city, fitting as it was built as a viewing platform in 1905. The name comes from a medieval guild of fishermen who were responsible for defending that part of the wall. The seven white turrets represent the Magyar tribes that first entered the Carpathian Basin in the late 9th century. In front of the basti...

Macau

Macau

Hong Kong, China

Macau is not in Hong Kong but is an attraction for visitors of Hong Kong all the same for its huge casinos and gold buying. With its cobbled alleyways and beautiful churches, Mediterranean cafes and laid back atmosphere, it attracts many tourists. It has many classical Chinese temples, forts and gardens. There is a lot of history surrounding Macau.   ...

Brooklyn Museum

Brooklyn Museum

New York, United States

The Brooklyn Museum is the second largest in New York City, after the Met, and one of the largest in the United States.  In recent years it has struggled somewhat with its identity and stagnant attendance figures (around half a million per year), but it is still a world class museum.  The Egyptian and pre-Colombian collections stand out, but their modern collections are also excellent.  ...