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$5b in hotel upgrades expected

All of those shiny new amenities you’ve seen at your hotel lately — fitness equipment, flat-screen TVs and redesigned lobbies — are part of a trend across the country.

Hotels are expected to spend $5 billion (Dh18.3 billion) on improvements in 2012, a 33 per cent increase over 2011, said Bjorn Hanson, a dean at New York University’s P


DoubleTree by Hilton to open in Burundi

Dubai: Hilton Worldwide signed a licence agreement with franchisee the Opulent Group to convert a former Novotel property into a DoubleTree by Hilton hotel in Burundi, the company announced yesterday.

The 130-room hotel located in Bujumbura, the capital of the East African country, is scheduled to open in early 2014 as Hilton continues to explore


Gulf – A crossroads or grid-lock?

Last week was another great example of the thriving aviation industry in the UAE. Eighty years since the first aircraft landed at Sharjah, RAK Airways launched its inaugural service from Ras Al Khaimah to the capital, allowing its passengers to benefit from a code-sharing agreement with Etihad Airways.

It was also the week which saw Emirates take


London tourist spots hit by Olympics

London: London’s prime tourist attractions suffered a sharp drop in visitor numbers over the summer after a wet start to the season was compounded by the disruption of the Olympics.

The Tower of London, Kensington Palace and Westminster Abbey were some of the city’s staple tourist spots affected, with visitor numbers down by 20.3 per cent between M


Kingfisher’s funding plan by end-Oct

Bengaluru: Kingfisher Airlines Ltd, the cash-strapped Indian carrier that has suspended flights, will submit a funding plan to banks by end of the month, its biggest lender said.

“We’ve given them time till the month-end to provide a plan on equity infusion,” A. Krishna Kumar, managing director of State Bank of India, said in Mumbai at a confe


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