View Poll Results: How is it for you?
Awesome, we're making hay while the sun shines 360 days a year
5
9.80%
One wasp or two in the lager but going good
8
15.69%
Slowing but surviving
17
33.33%
Slowing and struggling
11
21.57%
Not quite suicidal yet
4
7.84%
I've nothing to do
5
9.80%
I've already dumped the 4x4 at the airport
1
1.96%
Voters: 51. You may not vote on this poll
How is business?
Feb 4th 2016, 3:10 pm
#287
BE Forum Addict
Joined: Jun 2008
Location: Abu Dhabi by body and Sydney by soul
Posts: 1,841
Re: How is business?
My first ever call from DAMAC with 'a very interesting property investment deal'. We both chuckled as I said goodbye.
Feb 7th 2016, 6:02 am
#288
BE Forum Addict
Joined: Jan 2015
Posts: 3,520
Re: How is business?
Company is laying off a few people today in one particular division. Gov't contracts in AD are not being renewed. Thank god I'm not in that division.
Feb 7th 2016, 6:19 am
#289
Lost in BE Cyberspace
Thread Starter
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Re: How is business?
Well this place just confuses me more and more. All the parks are rammed at the low end, and the expensive restaurants seem packed full - infrastructure is creaking and yet the economy seems slow.
Last edited by Millhouse; Feb 7th 2016 at 6:24 am.
Feb 7th 2016, 6:57 am
#291
Big Member
Joined: Jul 2005
Posts: 3,889
Re: How is business?
We were at Atlantis on Friday for dinner (Bread St Kitchen was very disappointing). We looked in on Seafire and could only see two tables with diners.
Feb 7th 2016, 7:16 am
#292
Account Closed
Joined: Mar 2012
Location: Dubai, working at Dust World Central
Posts: 3,706
Feb 7th 2016, 7:35 am
#294
BE Forum Addict
Joined: Jan 2015
Posts: 3,520
Re: How is business?
Tourism is down and that may be why some areas might be deathly while other places are busy as ever. DIFC - bankers spending like there's no tomorrow (no surprise there, the bastards probably think they'll be bailed out again like the last time and everything will be hunky dory as usual) but resort restaurants in isolated hotels that's increasingly targeted to cheap packages might be suffering somewhat.
Feb 7th 2016, 8:01 am
#295
Lost in BE Cyberspace
Thread Starter
Joined: Aug 2009
Location: Disneyland, Dubai
Posts: 15,887
Re: How is business?
Tourism is down and that may be why some areas might be deathly while other places are busy as ever. DIFC - bankers spending like there's no tomorrow (no surprise there, the bastards probably think they'll be bailed out again like the last time and everything will be hunky dory as usual) but resort restaurants in isolated hotels that's increasingly targeted to cheap packages might be suffering somewhat.
To be fair on the bankers - and something people totally misunderstand - is that no one will thank me for saving money on a meal if I don't win the business and if the business comes in, the meal is irrelevant. You have to stay in the game until the wheels fall off.
Feb 7th 2016, 8:49 am
#296
BE Forum Addict
Joined: Jun 2008
Location: Abu Dhabi by body and Sydney by soul
Posts: 1,841
Re: How is business?
We had a great day rate to go Emirates Palace on Saturday. (60% off). There were 12 families there, 7 of which were members of thehotel's beach club. It was dead. There had been a massive indian wedding for the previous three nights but they had all left and there was nothing doing on the day we were there.
Except the filming of a bollywood movie which we watched for a bit.
Except the filming of a bollywood movie which we watched for a bit.
Feb 7th 2016, 10:59 am
#297
Token Scandinavian Bloke
Joined: Jun 2009
Location: Dubai
Posts: 2,820
Re: How is business?
The sommelier tried to talk me into buying a 800 dirham bottle of wine. From Chile! Are you f**king kidding me mate? Food arrived after no more than 5 minutes prompting my wife to wonder aloud whether it was heated in the microwave. Tasted okay, but nothing special (typical Dubai in other words).
Meal done in less than 45 minutes...
Feb 7th 2016, 11:18 am
#298
Forum Regular
Joined: Sep 2014
Posts: 88
Re: How is business?
Tourism is down and that may be why some areas might be deathly while other places are busy as ever. DIFC - bankers spending like there's no tomorrow (no surprise there, the bastards probably think they'll be bailed out again like the last time and everything will be hunky dory as usual) but resort restaurants in isolated hotels that's increasingly targeted to cheap packages might be suffering somewhat.
Something I have noticed lately is that price for plane tickets from Europe to the Middle East (not only Emirates, but also places like Israel or Iran) has basically collapsed. I think this is a mix (in the case of UAE) of Emirates, Qatar or Etihad adding more and more seats, low-cost competition (Wizzair or Transavia in UAE) and Turkish and Pegasus (a Turkish low-cost) basically selling tickets for peanuts, the local economic environment and more people scared to visit the area (even if it is safe compared to other countries).
So when a few years ago a return to the UAE cost you like 500 EUR/GBP, now it is more in the 300 EUR/GBP range.
On the other hand while looking for a winter break in the Canary Islands, I was shocked by the price of everything (hotels and flights). With people not going to Egypt or Tunis... they go there by default. So more demand.
I wouldn't be surprised that for some people in Europe today, a week in Dubai turns out to be cheaper than in Gran Canaria (flight + hotel). The only minus is that AED is too expensive to the Euro (because of the USD fixed exchange).
Feb 7th 2016, 11:55 am
#299
Account Closed
Joined: Feb 2011
Posts: 0
Re: How is business?
If so, friend went, said the food is bang average and wouldn't bother as well.
Seafire - yeah. Food was good actually, but the venue atrocious. Huge high ceilings, completely soulless and for an upmarket, expensive dinner, they let people in looking awful. Russians in vests and sandals for dinner? Don't make me pay a fortune for a steak if I have to have that to look at.
Is that harsh? I'm not sure it is. It seems a bit harsh but I think it's fair.
Feb 7th 2016, 2:14 pm
#300
BE Forum Addict
Joined: Sep 2009
Location: Abu Dhabi
Posts: 1,805
Re: How is business?
They were 400 quid each to Dubai on KLM, Emirates were 700.. Etihad wanted upwards of 800 each to Abu Dhabi. I guess the gulf carriers may have been busy with people transiting through their hubs to Asia / Australasia for the last of the UK summer holidays.