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DUBAI – The world’s tallest hotel opened in Dubai on Wednesday with cut-price room rates and an occupancy level of just 25 percent, a sign of the downturn that still grips the emirate’s hospitality market. The 333-metre Rose Rayhaan, located on “the Strip” on Sheikh Zayed Road, overtakes the 321-metre Burj Al Arab as the [...]
Jan 8th, 2010 | Filed under Dubai (U.A.E), Economy & Business