BLOG
Thanks for visiting the Temporary Travel Office's Blog. Here you can read news about our projects and discussions about critical tourism practices and other developments related to travel and tourism.
subscribeSaturday, February 7, 2009
Park and Fly
Our lovely friend Sarah Lewison just sent us a story about expats living in Dubai, who are now in trouble due to the global economic crisis. Apparently, airport authorities there have found more than 3,000 abandoned cars, left by people fleeing debts that they can no longer pay. 3.62 million expatriates in Dubai 864,000 nationals 8% population decline predicted this year, as expatriates leave 1,500 visas cancelled every day in Dubai 62% of homes occupied by expatriates 60% fall in property values predicted 50% slump in the price of luxury apartments on Palm Jumeirah 25% reduction in luxury spending among UAE expatriates
Some stats from the story:
We wonder if that explains this.
posted by ryan griffis # 7:32 PM 
Comments: Post a Comment
Archives
June 2007 | July 2007 | August 2007 | September 2007 | October 2007 | November 2007 | December 2007 | January 2008 | March 2008 | April 2008 | May 2008 | June 2008 | July 2008 | September 2008 | October 2008 | November 2008 | December 2008 | January 2009 | February 2009 | March 2009 | April 2009 | May 2009 | June 2009 | July 2009 |
