Dubai tourism takes hit as hotel occupancy rate falls
Editor | May 18, 2009 | Comments 0
Tuesday, May 19, 2009 – Powered by Tamara Walid Reuters DUBAI: Dubai’s tourism industry slowed in the first quarter with hotel guest nights falling 16 percent and revenues dropping 15 percent as a global recession hit the sector, official data showed. Gulf commerce and trade hub Dubai, which attracts more visitors each year than any Arab country outside of Egypt, hosts a major shopping festival in the first quarter that typically attracts streams of regional…
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