General Travel News

KHI RevPar Declines 11 Percent In 2009

International hotel and resort company Kingdom Hotel Investments (KHI), announced Tuesday that it’s revenue per available room (RevPar) declined 11 percent in 2009 compared to the previous year.   KHI is owned by Prince Alaweed bin Talal al Saud.  Performance improved 3 percent in the three months ending on December 31, 2009, but RevPar in the Middle East during this period fell 7 percent. 

KHI said that “the Movenpick Beirut and El Quseir, together with the Four Seasons Damascus, all experienced RevPar rises but were offset by continued significant falls at the Movenpick Dubai. The company said cash balance totaled $351 million and net debt was $173 million on December 31st, 2009.
 

More General Travel News
Dinner with a view at At.mosphere, Burj Khalifa
Six year old invited to try Etihad flight simulator
Turkish Kebab Festival in Riyadh
Latest Travel News
Emirates launches US$15 million campaign...
Six year old invited to try Etihad fligh...
Turkish Kebab Festival in Riyadh...
Featured Sights To See
Chihil Sutun

Chihil Sutun

Isfahan, Iran

Address: Ostandari Street, city center, Isfahan. Timings: 8am to 12noon, 2pm to sunset. Tickets: IRR 5000. Constructed in 1647 under the orders of Shah Abbas II, the Chihil Sutun was conceived primarily as a space to accommodate and entertain foreign embassies – and with its impressive arches, its domed central hall, its large scale miniature paintings, its use of mirrors on the ent...

National Museum of Vietnamese History

National Museum of Vietnamese History

Hanoi, Vietnam

Housed in a building that was the French consulate until 1910, it is now a museum in varying degrees; the collection includes prehistoric artifacts and carvings to funerary jars and some very fine examples of traditional drums from the north.  The collection also contains items obtained from excavations of Han tombs, artifacts from the Buddhist statuary, and everyday items of early history. A...

What to do with Children in Tow

What to do with Children in Tow

Stockholm, Sweden

Stockholm is one of the most kid-friendly places around! Take the kids to Junibacken, Galärparken for a ride on the story train and be sure to check out the bookshop there! Most museums arrange special attractions and activities for kids and the Observatory Museum lets kids watch the stars through a telescope! The Aquaria Water Museum and the Skansen Open Air Museum are also great to keep kids bus...

River Thames Boat Rides

River Thames Boat Rides

London, United Kingdom

The River Thames (pronounced ‘temz’) is the longest river in England, and the second longest in the UK. The river flows alongside the cities and towns of Oxford, Reading, Henley-on-Thames and Windsor.     Boat-rides on the Thames are fun, and take place over a variety of routes. Popular places to start your journey are: Westminster Pier, Tower Bridge Pier, London Eye Pier and Greenwi...