Dubai hotels suffer holiday slowdown | The National:
"The festive season may not feel so merry for the hotel sector.
A variety of global factors are likely to result in a softening of the market, with occupancy set to fall under 80 per cent in Dubai, according to analysts.
The economies of the Arabian Gulf states, traditionally a strong market for the holiday season, have been hit by declining oil prices, which fell to an 11-year low last week."
'via Blog this'
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