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Inflation to staycation: UAE expatriates staying put for the summer, hotels cash in

Amid inflation and rising living costs, UAE expatriates are planning cost-saving staycations in the country this summer, with hotels offering bumper deals to attract residents holidaying at home.

Across the emirates, many expats told Al Arabiya English they are choosing the best the country has to offer over costly flights and holidays as they look to tighten their belts.

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Dubai-based Brazilian expat Adriano Sethi, 28, told Al Arabiya English that the surge in living expenses has him worried. A spike in the prices of flight tickets to Brazil has made him reconsider his summer vacation plans.

“Brazil is my hometown, it’s really far… so the cost is almost double than when I came to Dubai one year ago. It makes me think twice before I do anything.”

Grounded for the summer

Sethi added that because of the global cost-of-living crisis, he has researched booking a staycation in the UAE rather than traveling outside the country.

“I would consider a staycation than travel to another country this summer. Actually, it’s even cheaper here, that’s why I would consider a staycation, maybe in Ras Al Khaimah or Fujairah.”

Sharing similar concerns, Dubai-based Lebanese expat Lynn Habbal, 30, said that she was starting to feel the financial pressure of rising prices and that it has also affected her summer vacation plans.

“Traveling to see my family [in Lebanon] has been my priority ever since the pandemic hit. However, the costs of today’s tickets are almost unreasonable,” she explained.

“It’s absurd to price the tickets double the amount in comparison to their usual fee. And I’m forced to do a double-take on my travel plans because of the inflation in the country I aimed to travel to.”

Habbal, an avid traveler, has had to put her travel plans on hold this summer.

“I guess we just have to face the reality of the situation that no matter where we go or stay for the summer, we have to budget double the amount we used to last year.

“To me, the best option for holiday in the coming months is to staycation here. Prices are usually affordable during the low season. Despite the extreme heat, we’re lucky that we live in a country where the hospitality sector accommodates to weather circumstances and provides alternative entertainment to us residents.”

Abu Dhabi-based Palestinian-New Zealand expat Youstina Ailabouni, 25, told Al Arabiya English that she also had to rethink long-distance travel plans, instead opting for the GCC.

“I had the option of driving to Oman or taking a flight [this summer]. If you travel on Wizz Air, it’s actually cheaper than filling up your car with gas and driving to Oman. Whereas before, this wasn’t something that anyone would have taken into consideration,” she said, stressing her concern about the hike in fuel prices..”

A UAE staycation boom

Across the UAE, the tourism industry says they are prepping for a summer boom in bookings.

Vinayak Mahtani, CEO of bnbme holiday homes, a holiday home management company in the UAE, believes inflation – coupled by lingering fears over COVID-19 and new worries over the monkeypox virus – will mean more residents stay out.

“We are expecting several families to stay behind this summer especially those that have already travelled over Christmas and Easter,” he told Al Arabiya English. “Inflation is resulting in ticket prices being extremely high over the summer and with COVID-19 and monkey pox cases striking high (across the world), people are choosing to stay back in the country.

“Also, summer rates for properties in Dubai are generally at their lowest and it is a great time to avail the best staycation deals.”

Given the hotter weather, Mahtani said residents can avail deals with properties at up to 50 percent off their peak rates.

“This is simply because the demand is lower than normal. Also, most properties come with value-add benefits which is not very often during peak months.

“Dubai over the summer is also a different experience; traffic is far less given that schools are on holidays.

“Also, fewer tourists are visiting so you have easier access to all restaurants, parks, and best tourist destinations easily. Malls have some great deals going on as well, which makes the stay even better.”

Destination UAE

Mohammed Mahmoud, general manager at InterContinental Ras Al Khaimah Resort & SPA, also told Al Arabiya English that they expected a surge in stay-at-home holidaymakers.

“There are many advantages to staying in the UAE and staycations are popular as ever among expats and locals alike,” he said. “First and foremost – staycations save greatly on travel fees.

“With the international conjuncture at its present state, air-fare and transportation costs, in general, have shot through the roof.

“UAE residents can be happy that most emirates are reachable within a few hours' drive. Post-COVID labor shortages have greatly affected large airport hubs across Europe and North America, leading to interminable queuing and an overall deteriorated airport experience, further dissuading long-haul travel.

“Secondly, staycations allow UAE residents and nationals to (re)discover the natural and eclectic beauty, culture, and heritage that the UAE has to offer.”

Anna Luisa Asistio, assistant director of marketing and communications at Jannah Hotels & Resorts, said: “From the rising inflation costs happening in the UAE, expatriates still want to travel and experience the way of living to refresh during the holidays. In consideration of the strike of inflations happening in the UAE, the spending habit staying here with residents offers will be the same spending amount of money internationally yet in different locations and adventures.”

Ali Ozbay, vice president of marketing and communications at Rixos Hotels, told Al Arabiya English that staycations grew in popularity during the COVID-19 pandemic.

“Staycations quickly emerged at this point and have not lost popularity since then. I firmly believe UAE has ever-increasing options when people talk about vacations.

“More and more guests prefer to stay in the UAE and explore getaway options available here than travel outside of the country. The uncertainty of travel restrictions is still immense and keeps changing. Staying put this summer might be an excellent decision due to the steadily increasing inflation figures worldwide.”

Rohit Vig, vice president of development of StayWell Holdings, say they have seen an upsurge in the number of people opting for cost-effective staycations within the Emirate rather than flying abroad, “mostly because it's cheaper”.

“It avoids expenses like flight fees, immigration fees, and last-minute cancellations, among others. Furthermore, given the numerous COVID-19 uncertainties and restrictions in other countries, reserving a local homestay is usually the most practical alternative, especially for short stays or extended weekend breaks. Hotels nowadays offer incredible accommodation rates as well as other perks like hotel credits, full board, free room upgrades, and so on.

“In addition to the city's continuing events, hotels offer their guests a variety of exceptional attractions and entertainment options.

“Due to the harsh weather conditions, summer is traditionally a slow season for the hotel industry in the region; however, things have changed in recent years, with hotels offering great deals, appealing entertainment activities, and the city's ongoing effort to introduce unique attractions every season. As a result of this entire experience. Residents are encouraged to spend their long weekends in hotels as a tranquil escape.”

Read more:

UAE expats feel pinch of the cost-of-living crisis, experts urge spending ‘reset'

Amid fuel hikes, UAE commuters switch to electric cars to ease the pain at the pump

UK credit card borrowing to soar as cost-of-living crisis hits

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Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.

During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.

He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.

The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.

-wam

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At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books

As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”

Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.

Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.

Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.

Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.

Automation

The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.

Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.

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US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79

US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.

In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.

He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.

President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.

-WAM

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