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New Luxury Resort at Jumeirah Beach Hotel 12 JULY 2014 ISSUE 244 SECOND DOUBLETREE BY HILTON OPENS IN DUBAI A 350-ROOM ULTRA-LUXURY RESORT IS TO BE ADDED TO JUMEIRAH BEACH HOTEL IN DUBAI AS THE PROJECT CONTINUES WITH THE FIFTH PHASE OF ITS EXPANSION. 10 GULF AIR STEPS UP LARNACA SERVICES 14 IN THIS ISSUE MARKET UPDATE 02 GDS 03 WEEKLY NEWS 04 RENDEZVOUS 08 ACCOMMODATION 09 CLASSIFIEDS 12 AIR 14 INTERNATIONAL 18 AGENT CORNER 19 TRAVEL TALK 20 TRAVEL CHANNELS 21 WHO’S MOVED 22 NEW LUXURY RESORT PHOTO ALBUM 23 NEWS & EVENTS 24 AT JUMEIRAH BEACH HOTEL 9 MARKET UPDATE TRAVEL TRADE PUBLICATIONS MENA EXCHANGE RATES Increased MANAGING EDITOR Accurate as of Mary Kammitsi 11/07/2014 [email protected] Bottom Line Yields Currencies shown in blue SENIOR JOURNALIST are fixed against the Rita Kasziba US Dollar JOURNALIST in Jeddah Maria Kazeli COUNTRY CURRENCY 1USD= PRESS Jeddah’s four- and five-star hotels reported Maria Demetriadou UAE (AED) Dirham 3.67 Pauline Shahabian Egypt (EGP) Pound 7.15 growth across all major performance DESIGN & LAYOUT Elena Stylianou Saudi Arabia (SAR) Riyal 3.75 indicators in April as an increase in average Lebanon (LBP) Pound 1,512.50 WEB DEVELOPER / IT rates and non-room revenues boosted the Soteris Constantinou Bahrain (BHD) Dinar 0.37 bottom line yields. DIRECTORS Jordan (JOD) Dinar 0.71 Andreas Constantinides Mary Kammitsi Syria (SYP) Pound 149.65 Kuwait (KWD) Dinar 0.28 ased on TRI Hospitality Consulting’s HotStats report, HEADQUARTERS T.T.W. Travel Trade Weekly LTD Qatar (QAR) Riyal 3.64 occupancy for the month rose 2.5 percentage points P.O. Box 25255, Nicosia 1308 Cyprus to 81.4 percent, while average room rates jumped 9.3 Tel: +357 22 021607, Fax: +357 22 103670 Oman (OMR) Rial 0.38 Tunisia (TND) Dinar 1.70 percent to USD268.59, leading to a 12.7 percent Rev- WEBSITE PAR improvement to USD218.57. www.traveltradeweekly.travel Morocco (MAD) Dirham 8.24 Increased revenues from food and beverage consumption, Iran (IRR) Riyal 25,641.00 B EMAILS along with higher conferencing demand resulted in a 10.8 percent [email protected] Yemen (YER) Rial 214.89 [email protected] total RevPAR surge and the strong top-line revenues coupled with [email protected] Algeria (DZD) Dinar 79.40 a 1.5 percentage point reduction in payroll costs boosted gross Libya (LYD) Dinar 1.20 operating profit per available room by 16.8 percent to USD174.13. Nakheel to Repay Debt ahead of Time Nakheel’s Management akheel plans to repay all AED7.9 billion (USD2.15 billion) owed to bank lenders this August, nearly four years before the final loan installment due in NMarch 2018. The Dubai-based developer’s scheduled repayment of AED5.54 billion (USD1.51 billion) in August will come just six months after the same transaction in February, when the company returned AED2.35 billion (USD640 million) of its bank loan. Since the launch of its post-restructuring business plan in August 2011, Nakheel has achieved what some considered impossible, noted Ali Rashid Lootah, chairman, Nakheel, referring to the completion of one of the largest, most complex financial restructuring exercises followed by the successful execution of a new business plan that has placed the company on a path to new growth. 2 12 JULY 2014 GDS WEEKLY NEWS Enhanced Version of Travelport Travelport Acquires Hotelzon Mobile Agent ravelport announced that it has bought Hotelzon, a ravelport launched an up- business-to-business hotel distribution technology graded version of its Travel- provider, as part of its ongoing strategy to redefine and port Mobile Agent (TMA) Tstrengthen its hotel offering to both corporations and travel Ttool, first introduced in 2011, add- management companies (TMCs). ing a range of new features and With only 30 - 50 percent of corporate hotel buying going functionality for its agency users. through TMCs and many bookings still being implemented di- The mobile app which was de- rectly by business travellers themselves, the Hotelzon acquisi- veloped in partnership with TTS, tion is expected to provide both corporations and Travelport- an active member of the Travel- connected travel agencies with a best-in-class booking tool port Developer Network, allows with extensive independent hotel content. travel agents to make bookings for their customers from handheld devices. Version 3.0 of Travelport’s tool includes new features which were implemented as a result of user feedback and are all designed to enable agents to provide superior customer service. CyberSource and Amadeus to Optimise Fraud Management madeus and eCommerce payment management service provider, Cy- berSource, have formed a strategic Aglobal partnership to bring an integrated travel reservations and fraud management solution to airlines, travel agencies and other organisations worldwide. Leveraging CyberSource’s global ex- Did you know... pertise, the innovative solution integrates a fraud management system, called Decision Manager, into the Amadeus Payment Plat- The Amadeus group employs around form, enabling travel businesses to maximise 10,000 people revenue, reduce costs and improve the cus- worldwide? tomer payment experience across multiple channels. As Celia Pereiro, head, travel payments, Amadeus, noted, the new tool will provide clients with a customised and enriched solu- tion, helping them optimise business opera- tions, increase acceptance rates and facilitate a smooth consumer payment process. 12 JULY 2014 3 WEEKLY NEWS Europe to Host Dubai Tram: 93 Percent Halal Tourism Complete ompletion rate in the entire works Conference of the Dubai Tram project hit 93 per- C cent at the end of June, H.E. Mattar The first-ever international Al Tayer, chairman, Roads and Transport Au- conference on halal tourism thority (RTA), Dubai, revealed. Al Tayer made the statement during a re- is set to take place between cent site tour, where he also confirmed that September 22 – 23 in the project is on track to open in November. Andalucia, Spain. During the visit the delegation inspected the depot which comprises 11 environmen- tally-friendly buildings and has a capacity he inaugural event, which will bring together and the figure is expected to reach USD192 billion to accommodate 25 trains, as well as the 11 the global travel industry to discuss ways of by 2020. tram stations spanning activity centres and T tapping into this niche market, aims to equip “This is a groundbreaking event for halal tourism population density areas. delegates with market intelligence, industry fore- which is directly reacting to current market trends The progress in road works in the vicinity casts and trends to understand how to market their and addressing the needs of the industry. It is the of the tram project and pedestrian crossings products to Muslim customers. first time such a global event is being staged look- were also checked, and Al Tayer directed of- Based on figures, halal tourism was worth ing at halal tourism in detail,” explained Tasneem ficials to attach paramount attention to the some USD140 billion in 2013, representing Mahmood, director, Creative Minds Media, organis- traffic safety aspect. around 13 percent of global travel expenditure, ers of the event. 4 12 JULY 2014 WEEKLY NEWS World’s Largest Sustainable Underwater UAE Airports Invest in Tourism Site in Dubai Airport Security ver USD30 billion is being ear- os Angeles-based developer, Reef Worlds marked to enhance the secu- has completed the design stage for a two O rity and safety of airports in L hectare tourism site that will allow select emerging markets. waterfront resort development partners to cap- Did you know... The special focus placed on further ture a larger share of the USD3 billion dive and strengthening security in the aviation More than 30 snorkel market. sector will be one of the key topics at this companies from all Inspired by an ancient Lost City, the Pearl of over the world are year’s Emerging Markets Airports Securi- Dubai is set to become a hit with divers and snor- expected to attend ty Summit (EMASS), which will take place the conference? kellers, and, as Dave Taylor, director of develop- between November 26 – 27, at Le Méri- ment, Reef Worlds, said, fill a gap in the market. dien Dubai Hotel & Conference Centre. “When one considers Dubai and the region, Organised by Arabian Reach, the scuba diving and underwater exploration is not event will provide an opportunity for on the top 10 list, and yet it is almost every- over 150 delegates from global avia- where else in the world. [...] The creation of new tion security and safety organisations habitat while at the same time adding instant to discuss the challenges and issues tourism revenue and excitement to waterfront faced by the industry and get a better resorts,” added Taylor. understanding of the usage of technol- ogies and effective practices. 12 JULY 2014 5 WEEKLY NEWS Smart Living City Dubai 2014 to Troon Launches New Golf Facility in Showcase Smart City Solutions Morocco pon H.H. Sheikh Mohammed bin Rashid Al Mak- olf course management, toum’s, ruler of Dubai, launch of a six-pillar and development and mar- U100-initiative strategy that is set to consolidate Gketing company, Troon Dubai’s position as the Smartest City, a recent industry re- has opened its fourth facility in port has shown that the emirate has indeed jumped to the Morocco. lead to become a fully-fledged Smart City. Owned by Groupe Addoha, Smart Living City Dubai 2014, which will take place The Tony Jacklin, Casablanca between September 15 – 16 forms an integral part of Bousk- at Jumeirah Emirates Tower, oura Golf City, the all-new devel- Dubai, aims at supporting the opment just minutes from the destination’s goal of becoming city centre and within easy access the smartest city in the world of the airport.
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