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  • admin

    admin 1:17 pm on May 13, 2014 View Post & Comment  

    Luxury’s New Social Currency 

    As the post-financial crisis revival in demand for luxury travel continues unabated, unique experiences  – and not just for the affluent  – are the new social currency.

    The ascendancy of social media and with it the widespread sharing of vacation photographs and videos with friends, families and colleagues has fostered this experiential trend, states global travel consultancy, Resonance.

    This evolution is good news for the UAE as it is a destination defined by world-class attractions, unique natural vistas and five-star hotels and resorts. The established luxury market here ensures that travellers looking for luxury combined with unique experiences are well served. (More …)

     
  • admin

    admin 1:14 pm on May 13, 2014 View Post & Comment  

    A Shopping Destination 

    Rising disposable incomes, retail real estate expansion and a steady inflow of international retailers, will see retail tourism in the UAE reach new highs in the years ahead, and hotels are looking for a slice of the action.

    A gateway for many visitors to the UAE, Dubai is a shopper’s paradise, home to 82 percent of the world’s top luxury brands, while luxury retail in the UAE as a whole is valued at roughly AED22 billion a year, according to a report by the Chalhoub Group, which operates stores for fashion houses such as Lanvin, Ralph Lauren, Lacoste, Celine and Marc Jacobs, among others. Showing no signs of slowing down, the luxury pioneer continues to consistently launch new brands and increase its presence in the country’s top malls.

    Commenting on retail growth, Mansour Hajjar, Managing Director of Allied Enterprises, Chalhoub Group, says: “The luxury retail tourism market is indeed growing at a fast pace in the UAE, with a tangible acceleration witnessed in the past two years following the slowdown caused by the global financial meltdown.

    “The evolution in our consumer base is a very good illustration of this. We are today seeing an increased share of the number of visitors among our clients with new outbound markets such as China and Africa. Depending on our brands, the tourist clientele can range from 10 percent to more than 70 percent of the total clientele.” (More …)

     
  • admin

    admin 1:12 pm on May 13, 2014 View Post & Comment  

    Standing Out From the Crowd 

    Competition within the Arabian luxury travel market is intensifying as the number of hotel openings rise. As a result, hotels are increasingly focusing on strategies to stand out from the crowd, while balancing the divergent demands and tastes of the swelling numbers of affluent travellers.

    According to Christopher Hewett of TRI Hospitality Consulting’s Middle East’s office, quality service will need to remain at the forefront of hotels’ strategies, as the luxury segment in certain markets within the region reaches a point of maturity.

    “In order for hoteliers to keep their properties at the forefront of the market they will need to focus on the quality of the products and services they offer, he says.

    “Technology is advancing rapidly in the industry, with recent examples including innovative mood lighting and music systems in the rooms and iPad check in’s. However, this should not overshadow the experience and interaction between guests and colleagues, as this will almost always be the key memory of any stay.” (More …)

     
  • admin

    admin 1:05 pm on May 13, 2014 View Post & Comment  

    The World’s Most Visited City 

    Dubai has stated its ambition to become the world’s most visited city, aiming to wrestle the mantle from the UK’s capital city, London.

    His Excellency Helal Saeed Almarri, Director-General of Dubai’s Department of Tourism and Commerce Marketing (DTCM) recently said that while Dubai is already seen as a must-visit destination, a continuous drive to innovate will lead to a constant reinvention of the visitor experience, creating one that is unrivalled anywhere else in the world.

    “It is this collective industry commitment that makes us confident that we will be able to achieve our target of attracting 20 million annual visitors by 2020, and inspires the ambition to eventually become the world’s most visited city,” he said.

    According to the DTCM, while an ambitious goal, claiming the title of most visited city in the world is a realistic one. Given Dubai’s exponential tourism growth rate, which increased by 10.6 percent to 11 million visitors in 2013, the city’s could surpass London’s 16 million annual visitors by 2018, should growth continue apace.

    Dubai’s new ambition comes one year into the delivery of Dubai’s ‘Tourism Vision for 2020’, which has seen significant first steps taken to achieve its target of attracting 20 million annual visitors by 2020.

     
  • admin

    admin 9:42 am on April 6, 2014 View Post & Comment  

    Insight: Luxury Travel 

    Luxury tourism has made a comeback with travellers in 2014 and the UAE stands to gain from this rising trend.

    According to new research from global travel consultancy, Resonance, a revival in demand for luxury and ultra-luxury travel will go unabated as the number of the world’s millionaires continues to rise.

    The trend is good news for the UAE with its core tourism proposition of ‘affordable luxury’.

    Luxury Travel Trends

    Resonance has identified the top trends that will impact tourism for the next decade or more. These include:

    Strength of luxury travel

    The number of millionaires in the world is expanding, while the numbers of newly affluent travellers in their early 30s and 40s are also growing.

    Impact of Millennials 

    Millennials – 18- to 30-year-olds – are more interested in international travel than non-Millennials. They’re also more interested in urban destinations than resorts, are twice as likely to share experiences via social media and view online reviews as ‘somewhat’ or ‘very’ important.

    Unstoppable Elders 

    Estimated at 1.3 to 1.6 billion people worldwide, Unstoppable Elders are the world’s most affluent and demanding travel demographic. Elders favour off-peak travel, while high standards of customer service and security are crucial.

    Rise of Conspicuous Leisure 

    Driven by the prevalence of social media, Conspicuous Leisure is the signalling of social status through consumption and sharing of experiences rather than through consumer goods.

    Multi-generational travel 

    Today’s seniors are healthier and live longer. As a result, multigenerational travel is on the rise. More than 40% of families took such a holiday in 2013, with 70% of these trips planned around a milestone event.

     

    Contact Pedro for more info

     

     
  • admin

    admin 9:41 am on April 6, 2014 View Post & Comment  

    Tourism: A Record-Breaking Year 

     

    The UAE tourism industry is headed for another record-breaking year, as hotel occupancy levels rise and demand outstrips supply.

    Hotels across the country saw occupancy levels soar in January and February this year, demonstrating positive growth towards the nation’s goal of attracting over 15 million tourists by the end of the year.

    The growth of investments into hotel and retail property development, airline route expansions, recent visa exemptions for all EU citizens and the recorded advances in the restaurant and leisure industries are all contributing factors.

    Dubai leads the way

    Hotels in Dubai recorded their highest February occupancy levels in seven years:

    • 88.6% occupancy
    • 10.7% increase in average daily rate to US$300 (AED1103)

    “Growth in demand was able to outpace the continuous growth in supply, resulting in the highest occupancy levels of any February since 2007 for the market,” says Elizabeth Winkle, Managing Director of international data analyst STR Global.

    Despite an existing supply of 84,534 rooms across 611 properties, Dubai’s development pipeline will add 141 hotel establishments, 99 hotels and 48 hotel apartments, raising the room count by almost 30,000, according to the Dubai Department of Tourism and Commerce Marketing.

    Abu Dhabi leaps ahead

    Meanwhile, hotels in Abu Dhabi also enjoyed a fantastic February:

    • 33% rise in guests compare to February 2013
    • 81% occupancy

    While the largest source markets were UAE residents, UK and Indian visitors, the most significant growth came from China.

    On the back of the Chinese Visitor Summit hosted in Abu Dhabi last September, Chinese visitor performance is rising, peaking in the early months of 2014. A total of 22,577 Chinese visitors flooded Abu Dhabi hotels in January and February, a remarkable 182% jump on the same time last year (see In Focus for more on Chinese visitors).

     

    Contact Xing for more info

     
  • admin

    admin 9:39 am on April 6, 2014 View Post & Comment  

    Tourism: Nu Skin Brings 14,500 Visitors 

    Nu Skin Enterprises adds to Chinese tourism growth, choosing the UAE for its annual incentive trip, bringing 14,500 delegates to the country.

    Surge in Chinese visitors

    The single largest incentives group in UAE history will come from China, April 6 to 16, from Nu Skin Enterprises. Around 14,500 Chinese delegates will flood more than 25 high-end hotels across the UAE in seven waves, with plans to visit some of the country’s premier attractions.

    “The UAE has done a great job at marketing the destination to Chinese visitors with both Dubai Tourism and Commerce Marketing and Abu Dhabi Tourism and Culture Authority opening offices in China to promote their cities. The UAE has grown to become not only a symbol of luxury in the Chinese mindset, but also a hub for business travel,” explains Xing Zhang, our Chinese Relationship Manager.

    Paving the way for business travel

    Director of Dubai Convention and Events Bureau, Steen Jakobsen, says: “I’m confident this will pave the way for other incentive groups and association events in the future.”

    Bearing in mind that business travellers spend on average more than five to six times more than leisure visitors in expenditure per day, the UAE business events market is now set to grow at the same pace as leisure tourism over the next few years.

    A whopping 50% surge in Chinese visitors has been recorded since 2011 and is steadily growing. The UAE is quickly proving to be a destination of choice for Chinese leisure and business travel.

     

    Contact Xing for more info

     
  • admin

    admin 9:38 am on April 6, 2014 View Post & Comment  

    Retail: Chinese Favour High-end Watches 

    In the spirit of the Year of the Horse that represents courage, travel and adventure, the Chinese are travelling more and spending more and watches seem to be on the top of their shopping lists.

    Luxury watches are the fastest growing luxury retail segment among Chinese spenders with an increased demand of 59.4% year on year.

    Due to the rise in Chinese luxury travellers, the watch market has been growing steadily for the past 10 years and is expected to continue to grow. While only 3% of Chinese nationals were passport holders in 2013, that number is expected to rise to 5% this year, increasing the number of Chinese travellers by 28 million.

    “Chinese consumer spend has been up significantly within the luxury watch market. Research indicates that Chinese consumers are taking advantage of the tax incentives in the UAE and purchasing not one but several ultra-luxury timepieces at a time,” says Aysha Chapti, Concierge’s luxury watch Relationship Manager.

    Having identified this potential for growth, watchmakers are aiming to increase brand loyalty. As a result, some have even created bespoke watches that incorporate elements of Chinese culture to appeal to Chinese consumers’ tastes. Vacheron Constantin, for example, targeted affluent Chinese watch enthusiasts with an ultra-exclusive timepiece series celebrating the Year of the Horse.

    China aside, other developing markets, particularly Russia and India, have also contributed to the rising demand for luxury watches.

     

    Contact Aysha for more info

     
  • admin

    admin 12:07 pm on January 2, 2014 View Post & Comment  

    Inside the 2014 Dubai Shopping Festival 

    Get your credit cards at the ready because the annual Dubai Shopping Festival officially launched across the malls and boutiques of Dubai today. Many thousands of visitors are expected to land in the emirates for the month-long festival, particularly from across Russia and East Asia as the event coincides with Russian Orthodox Christmas and Chinese New Year. In fact, the Dubai Festivals and Retail Establishment (DFRE) expects an increase of up to 10 per cent on last year’s statistic of four million shoppers. The Dubai Shopping Festival is a key annual event for retailers – who make 25 to 30 percent of their annual revenues during the month – and for shoppers who enjoy great discounts and rewards at stores throughout the city. Here’s the lowdown on what to expect.

    Price cut

    Throughout the city, label-savvy shoppers will be treated to up to 50 percent off selected items from designer brands including Max&Co, Marc Jacobs, Max Mara, Celine, DSquared2, Michael Kors, Diesel and Pinko. In addition, local boutiques such as Valleydez and Bimba and Lola will offer substantial discounts on ready-to-wear and accessories from regional and international designers.

    Shop and win

    Some malls have launched shopping incentives so guests could be in with the chance to win top prizes as well as receive discounts. Mall of the Emirates has introduced three themed shopping zones wherein shoppers could win huge prizes: Stylista (fashion and jewellery boutiques), Travelista (outdoor and leisure stores) and Decorista (home and furniture shops). At Stylista, shoppers could in a 2014 Bentley GT V8, at Travelista they could win a holiday to Rio de Janeiro in Brazil and at Decorista a home makeover is up for grabs.

    Elsewhere in Deira, anyone who spends AED200 or more at Al Ghurair Centre’s food and beverage establishments receives a ‘scratch and win’ card and could receive instant rewards such as shopping vouchers or prizes from a number of stores. The recently-expanded mall will also host daily complimentary family-friendly entertainment shows to amuse all ages of shoppers.

    Sleep in style

    Visitors to Dubai can take advantage of the Dubai Shopping Festival package at The Oberoi, Dubai, a luxury hotel situated close to The Dubai Mall. The two-night package enables clients to sleep in style in a deluxe room and includes breakfast at Nine7One, a AED200 voucher to redeem on a post-shopping spa break, complimentary hourly shuttle services to The Dubai Mall and Mall of the Emirates plus collection services from the malls. Prices start at AED 1,380 based on single occupancy and AED1,460 based on two sharing.

     

     

     
  • admin

    admin 12:01 pm on December 8, 2013 View Post & Comment  

    Two’s a charm 

    On December 4 Swiss luxury watchmaker Richard Mille opened a new boutique in the UAE at The Galleria in Sowwah Square on Al Maryah Island, Abu Dhabi. To mark the occasion, Richard Mille, President and CEO of Richard Mille Watches, hosted a VIP reception at the venue. Mille and guest of honour H.E. Khaldoon Al Mubarak, Chairman of Manchester City Football Club (pictured), cut the ceremonial ribbon alongside Abdul Hamied Seddiqi, Chairman of Al Manara International Jewellery.

    Mille said: “Richard Mille gained recognition by pioneering and revolutionising high-end watchmaking and applying concepts and materials derived from other disciplines, mainly motorsport and aerospace. Our cooperation with Al Manara International Jewellery established with the opening of a first point of sale in Marina Mall, can now benefit from an even stronger presence in the region where we have a partnerships with Yas Marina Circuit and Manchester City Football Club.”

    This is the brand’s first stand-alone boutique launch in the capital – it’s second in the UAE after The Dubai Mall store – and Mille hints that it won’t be the last. “We wish to further engage with the local community and with the many customers who already support us with passion across the Middle East,” he adds.

     
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