The holding company of one of UAE’s best-known local hotel groups, FIVE Holdings, publicly shared its financial results recently – notable because large companies rarely release financial information unless they trade publicly.
Dubai airports set for colossal expansion. How much will plans cost the country and climate?
29.08.2023 - 11:07 / euronews.com / Paul Griffiths / Charlotte Elton / Airlines
As air traffic booms, Dubai’s two airports are planning a massive expansion.
Dubai International Airport (DXB) is the busiest international traveller hub in the world. It’s set to become even busier, with a €1.5 to €2.5 billion revamp planned for the next 5 to 7 years.
The plans - unveiled by Dubai Airports CEO Paul Griffiths last week - will see DXB handle up to 120 million annual passengers within 15 years.
But this growth is the tip of the iceberg.
Once DXB reaches peak capacity, Dubai’s second hub - Al Maktoum International Airport (DWC) - will become “the world’s largest airport,” developers have claimed.
DWC currently accommodates around 1.6 million passengers per year. But this could grow to over 250 million by 2050.
“We have to accelerate our efforts to improve the capacity of the existing airport in the short term, which will cover us for the next 10 to 15 years,” Griffiths told Bloomberg Television last week.
“Then, we have to have a real push to develop the big one.”
DXB is one of the world’s biggest airports.
It handled 41.6 million passengers in the first half of 2023 - surpassing 2019 levels in the same period. Experts predict that annual numbers will reach 85 million, driven by a rebound in air traffic from China.
The DXB overhaul will see the airport gain additional lounges, check-in desks and seating, and introduce new security scanners that don’t require passengers to remove liquids.
They will also concentrate restaurants and food hubs in one part of each terminal.
Dubai World Central Airport currently handles just a fraction of the city’s arrivals.
But developers are currently drafting plans to make it the largest airport in the world. Dubai previously deferred a €30 billion expansion plan for DWC, but this could be restarted.
Local reports indicate that the first stage of the project will enhance the airport’s capacity to about 130 million passengers annually, and the entire development will cover an area of 56 square kilometres.
Dubai South, an urban master development project, has teased the project on its social media.
“#DubaiSouth will be home to the world’s largest airport once complete, and a multi-modal transport infrastructure linking air, land, and sea,” they said.
The environmental footprint of this expansion will likely be huge.
In 2019, DXB’s 83 million passengers emitted 16.65 million metric tons of CO2 - the highest total of any airport in the world.
The website maxtravelz.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Top Autors
Popular Topics
breakingtravelnews.com
14.09.2023 / 06:17
The Future Hospitality Summit (FHS) 2023 kicks off in Abu Dhabi in just under two weeks’ time
The Future Hospitality Summit (FHS) 2023 kicks off in Abu Dhabi in two weeks’ time, with ESG and sustainability-related discussions high up on the action-packed agenda.
skift.com
12.09.2023 / 15:31
Middle East Gaming Authority Paves Way For 'Arabian Strip' Gambling Zone
The United Arab Emirates has established the General Commercial Gaming Regulatory Authority, known as the GCGRA, a federal-level entity to regulate and establish “strict guidelines” for the country’s commercial gaming industry. The GCGRA sets the scene for future casinos where Ras Al Khaimah already has the confirmed Wynn resort; a potential “Arabian Strip;” and gaming in other emirates, including Dubai and Abu Dhabi.
thepointsguy.com
11.09.2023 / 17:19
Dubai appears ready to legalize gambling. Does Marriott’s new partner MGM Resorts have an advantage?
Las Vegas and Macau might be the world's leading casino resort destinations, but a potential third might soon join their ranks in a surprising location.
insider.com
08.09.2023 / 13:37
There are 15 international airports where US-bound passengers go through customs before they take off — see the full list
Courtney Danser and her friends were traveling back to New York from Croatia with Aer Lingus when they hit a major snag.
forbes.com
01.09.2023 / 17:55
The Desmond And Kimpton Alma Are Your Next Great San Diego Dining And Hotel Destination
Whether it’s a Moroccan-influenced Chicken & Shrimp Kefta with a Vietnamese-style Nuoc Cham dipping sauce, or a Green Thai Curry Hummus with both English and Wasabi peas, Chef Jason Neroni of the newly-opened The Desmond restaurant has California Cuisine speaking with a lot of different accents. “We’re buying everything we can from the area,” says Neroni, “then we craft it with global influences. That gives us no boundaries — we’ve got a lot of different palates traveling through here and we can make them all very happy.”
breakingtravelnews.com
28.08.2023 / 14:36
Brand Dubai unveils new guide on the occasion of Emirati Women’s Day
Titled ‘From Dubai to Emirati Women’, guide lists various outlets that are extending exclusive discounts and offers for women on 28 August
breakingtravelnews.com
28.08.2023 / 14:36
Maldives To Become the Official Island Travel Partner of ITB China 2023
Emphasizing strategic cooperation, ITB China is pleased to announce the Maldives as the Official Island Travel Partner of ITB China 2023. The partnership will turn the prime travel destination into one of the highlights of the trade show, held on 12 – 14 September 2023 in Shanghai.
skift.com
28.08.2023 / 07:03
5 Hotel Storylines CEOs of Hilton, Hyatt, and Other Top Brands Are Tracking Now
Can hotels exert more influence in policy-making? Where will future development growth come from? Is generative AI relevant to the hotel sector? These and other subjects will be top of mind for us as we interview top bosses at Hilton, Hyatt, Accor, and other hotel leaders on-stage at the Skift Global Forum in New York on September 26-28.
skift.com
25.08.2023 / 15:03
Google's Impact on the Tours and Activities Industry
In our weekend roundup, we delve into the pros and cons of Google’s latest foray into the tours and activities industry, providing insights into how online travel agencies might stand to benefit. We also catch up with IHG’s new CEO Elie Maalouf and his ambitious plans for the brand’s future. From AI’s influence on the travel sector to the latest controversies in short-term rentals, keep reading for a comprehensive look at the most pressing issues in today’s travel landscape.
skift.com
25.08.2023 / 14:34
Dubai Aims to Grow Tourism With 'Intimacy at Scale'
Blink and you may miss the full tourism recovery of Dubai, as it focuses on returning to pre-pandemic levels of business.
skift.com
25.08.2023 / 14:32
Kerzner to Debut Fitness Lifestyle Hotel Brand Siro, Starting in Dubai
Kerzner International has unveiled its new brand Siro, a set of fitness-themed lifestyle hotels. The developer said on Wednesday that it has slated to open its first property in a tower in One Za’abeel, a luxury community in Dubai, U.A.E., in the last months of 2023.