Luxury brands court Gulf tourists for ‘sustainable’ UAE business

04/06/2014 (Al Arabiya News – UAE): Luxury retail, hospitality and real estate brands in the United Arab Emirates are pursuing local and regional tourists, considering them more “sustainable” than international tourists. “International tourists would come, add an impact on your business, and for any reason such as a crisis, would suddenly disappear,” said Christophe Nicaise, CEO of Ahmed Seddiqi & Sons. Local customers and those from the Gulf Cooperation Council are a “sustainable, long-term tourism base,” he added. Panelists discussed “the tourist effect” on luxury brands during a discussion moderated by Al Arabiya News’ editor-in-chief Faisal J. Abbas, at the Arab Luxury World 2014 held in Dubai…

http://english.alarabiya.net/en/business/retail/2014/06/04/Luxury-brands-court-Gulf-tourists-for-sustainable-UAE-business.html#slide=4

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