Tag Archives: environment
Dubai hotels excel in profit levels in the region in 2013
Dubai hotels excel in profit levels in the region in 2013 Issac John / 31 January 2014 The emirate plans to double its visitor numbers in seven years. Hotels in Dubai reported the highest profit levels in the region in 2013 for the fourth consecutive year, and ended the year with occupancy above 80 per cent as rates surged, according to the latest HotStats survey of full service four and five star hotels in five Mena markets by TRI Hospitality Consulting Middle East. Data shows that the hotel sector in Dubai and the UAE in general has been on an upswing. — Supplied photo In December, Dubai continued to record strong performance levels reflecting the continued growth experienced throughout the year. Although the market witnessed a 4.5 percentage points decline in occupancy to 79.5 per cent, a 9.1 per cent rise in Average Room Rates (ARR) to $368.22 drove Revenue Per Available Room (RevPAR) growth of 3.2 per cent to $292.70, the report said. Data compiled by STR Global also shows that hotel sector in Dubai and the UAE in general has been on an upswing. With Expo 2020 in the offing, Dubai plans to double its visitor numbers from 10 million to 20 million in seven years. Philip Wooller, area director of Middle East and Africa for STR Global, said it would be a fascinating journey for Dubai. Announcements will soon be released for all the new projects in the run up to the event, Wooller said. “The numbers alone suggest the hotel supply will need to nearly double from the existing 68,000 rooms to 120,000 rooms.” In December, the Middle East/Africa region reported positive results with a 3.0 per cent increase in occupancy to 59.5 per cent, a 4.2-per cent increase in average daily rate to $180.65 and a 7.3-per cent increase in revenue per available room to $107.44. According to HotStats, average rates and RevPAR for Dubai hotels in December exceeded levels witnessed throughout the year and helped push year to date figures up 6.5 per cent and 7.6 per cent, respectively. Bottom line performance levels in December were boosted by a 2.8 per cent rise in Total Revenue Per Available Room (TRevPAR), which was driven by increased MICE revenues and coupled with lower operating costs. Gross Operating Profit Per Available Room (GOPPAR) for the month increased 3.9 per cent to $260.00 and helped drive year to date figures up 10.3 percent to $206.05, the report said. Peter Goddard, Managing Director of TRI Hospitality Consulting, said occupancy levels in December 2013 were marginally lower than December 2012, which is attributed to an increase in supply compared to the same period last year; however average rates were maintained by the minimum stay agreements imposed by hotels during the festive season. “A combination of stable demand and increased confidence in the market resulted in hoteliers applying more aggressive yielding strategies which resulted in average rates rising 6.5 per cent to $324.44 in 2013,” said Goddard. Jeddah witnessed growth in all key performance indicators for the month of December as corporate demand surged in the city. The combined effects of a 5.2 percentage point rise in occupancy to 73.3 per cent coupled with a 1.9 per cent increase in ARR drove RevPAR up 9.7 per cent to $171.05 in Jeddah Doha hotels experience stronger demand, however rates and profits continue to fall. “Doha Hotels continued to struggle to elevate key performance indicators which remained under pressure during December, despite a 3.1 percentage point rise in occupancy to 63.3 per cent. On-going rate reductions resulting from high levels of competition fuelled a 20.8 per cent decline in ARR to $226.99 which in turn, drove RevPAR down 16.8 per cent to $143.71,” the report said. — issacjohn@khaleejtimes.com For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
Beware, Angry Birds are spying on you!
Beware, Angry Birds are spying on you! (Reuters) / 29 January 2014 Among these new intelligence tools were “leaky” apps on smartphones that could disclose users’ locations, age, gender and other personal information. US and British intelligence agencies have plotted ways to gather data from Angry Birds and other smartphone apps that leak users’ personal information onto global networks, the New York Times reported on Monday. It was citing previously undisclosed intelligence documents made available by fugitive American spy agency contractor Edward Snowden. The Times said the US National Security Agency and its British counterpart, the Government Communications Headquarters, had tried to exploit increasing volumes of personal data that spill onto networks from new generations of mobile phone technology. Among these new intelligence tools were “leaky” apps on smartphones that could disclose users’ locations, age, gender and other personal information. The US and British agencies were working together on ways to collect and store data from smartphone apps by 2007, the newspaper reported. The agencies have traded methods for collecting location data from a user of Google Maps and for gathering address books, buddy lists, phone logs and geographic data embedded in photos when a user posts to the mobile versions of Facebook, Flickr, LinkedIn, Twitter and other services, the Times said. Snowden, who is living in asylum in Russian, faces espionage charges in the United States after disclosing the NSA’s massive telephone and Internet surveillance programmes last year. His revelations and the resulting firestorm of criticism from politicians and privacy rights activists prompted US President Barack Obama to announce intelligence-gather reforms on January 17, including a ban on eavesdropping on the leaders of close allies and limits on the collection of telephone data. The Times report said the scale of the data collection from smartphones was not clear but the documents showed that the two national agencies routinely obtained information from certain apps, including some of the earliest ones introduced to mobile phones. The documents did not say how many users were affected or whether they included Americans. White House spokesman Jay Carney said US surveillance agencies were only interested in collecting data on people considered a threat to the United States. “To the extent data is collected by the NSA through whatever means, we are not interested in the communications of people who are not valid foreign intelligence targets, and we are not after the information of ordinary Americans,” Carney told a regular White House news conference. Any such surveillance was focused on “valid foreign intelligence targets … I mean terrorists, proliferators, other bad actors (who) use the same communications tools that others use,” he said. For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
Syria peace talks take tentative step forward
Syria peace talks take tentative step forward (Reuters) / 29 January 2014 Both sides agree to use the Geneva communique as the basis of discussions, though they disagree about how the negotiations should proceed. Talks aimed at ending the war in Syria took a first tentative step forward on Wednesday as both sides agreed to use the same document as the basis of discussions, although they disagreed about how the negotiations should proceed. Louay Safi, spokesperson for the Syrian National Coalition, answers journalists’ questions at the United Nations headquarters in Geneva. -AP Both sides said they agreed to use the “Geneva communique”, a document agreed at a previous international conference in Geneva in June 2012, and which sets out the stages needed for an end to the fighting and a political transition. “We have agreed that Geneva 1 is the basis of the talks,” opposition spokesman Louay Al Safi told reporters, referring to the 2012 communique. Bouthaina Shaaban, a Syrian presidential adviser, said there was agreement on using the text, but with some reservations. While the opposition wants to start by addressing the question of the transitional governing body that the talks aim to create, the government insists that the first step is to discuss “terrorism”, and not jump into the middle of the text. The government describes those fighting to overthrow President Bashar Al Assad as terrorists. The opposition says transitional arrangements must include the removal of Assad, which the government rejects. Despite the differing interpretations of Geneva 1, organisers of the talks at United Nations headquarters in Geneva have been at pains to keep the process going and dissuade either of the sides from walking out. Syrian state television said the government wanted to discuss the text of Geneva 1 “paragraph by paragraph”. “Mr Brahimi said tomorrow they are going to discuss terrorism because stopping terrorism is the first issue that should be handled,” Shaaban said. “Even in Geneva 1 the first item is to stop violence which has turned to terrorism.” There was no immediate confirmation from international mediator Lakhdar Brahimi, who is chairing the talks. On Tuesday he said both sides were talking to the media too much and should respect the confidentiality of the talks and not overstate their case. For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading
