Corporate foreign exchange news

Dubai may offer holiday money value

Wednesday, 06 January 2010 09:36:16 GMT

Published by Mark Smith-Halvorsen
The recent debt crisis in Dubai may result in lower room rental rates and lower travel costs to the emirate, Lonely Planet has advised.
Commenting recently, Tom Hall, editor of the global travel magazine, said that despite its recent money difficulties, the emirate has positioned itself as an exciting and outlandish tourist destination.
He added that this reputation has been galvanised this week by the opening of the Burj Khalifa, which stands at 828 metres is the world's tallest building by a considerable margin.
"It's certainly already very attractive in terms of flight prices to get there because Emirates are very keen that people should use it as a transit hub and go there as a short break destination," he added.
As well as holding the title of the world's tallest building, the Burj Khalifa also boasts the world's highest observation deck, which opened yesterday (January 5th) on the 124th floor of the building.
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