November 27, 2009

Dubai’s Debt Worries .v. A Winning Destination

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 Burj Dubai

As the markets continue to be affected by the the breaking stories of debt problems in Dubai, I can’t help but think back to my own visit to the emirate last month. Obviously anyone with personal investments in the region will be concerned, but I’m know Dubai will continue to wow visitors - particularly if it’s their first stay. Having been 12 years ago, and heard plenty about the excessive building and over-development, and how I wouldn’t recognise the place, I was pleasantly surprised. The dramatic growth in the city is really confined to two pockets; the financial district and the marina areas….and they’re 20 minutes apart in a very reasonble taxi! Between the two is a pleasant, muticultural ’suburbia’ of 2-story buildings, dotted with mosques, parks and of course great beaches. With Burj Dubai (the world’s talling building) opening next month, an amazing range of hotels, world class shopping, dining, sporting and spa facilities - all wrapped up with pretty much guaranteed sunshine, the city will retain a winning combination of attractions - all accessed with a choice of direct flights from several UK airports. I know I’ll be back, and I’d strongly recommend it as a great destination for all manner of prizes and incentives - no matter what the banking or investment picture paints of the place!

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