Wednesday, 11 March 2020

#Dubai businesses, hurt by coronavirus, pin hopes on Expo - Reuters

Dubai businesses, hurt by coronavirus, pin hopes on Expo - Reuters:

Luxury car rental dealer Sheshan Gautham had a disappointing start to 2020 when nearly two thirds of his Chinese clients canceled bookings in January due to the coronavirus outbreak.

The business, Uptown Rent A Car, took the hit and Gautham thought the worst was over. But then Saudi Arabia, his biggest source of customers, halted flights to and from the United Arab Emirates this week to stop the virus spreading.

“Chinese love driving Lamborghinis ... (but) Saudis are our biggest market,” he told Reuters at the dealership in Dubai’s glitzy downtown area.

The dealership, which has 120 cars, including BMWs and Rolls Royces that rent for up to 8,000 dirhams ($2,178) per day, is close to the Dubai Mall and Burj Khalifa skyscraper that are major draws for millions of tourists.

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