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Dubaï : luxury, a key sector of the economy under threat

Dubaï : luxury, a key sector of the economy under threat

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As a world meeting point for luxury tourism, Dubai is affected at its heart by the coronavirus crisis. Renowned for its luxury shopping but also for its prestigious real estate and 5-star hotels, the emirate of the United Arab Emirates is struggling to recover. Companies and employees working in the luxury sector remain today plunged into uncertainty as they face a crisis of unprecedented proportions.

 

In the heart of Marina, an ultra-tourist district of Dubai, dozens of white yachts are desperately screwed to the quayside. The usual crowds of tourists lining the canal in the midst of the multitude of skyscrapers have disappeared.

 

The world capital of luxury has not escaped the crisis either.

 

It is almost 95% of turnover that has been lost, if not 100%” the co-manager of a yacht charter company told Agence France-Presse (AFP).

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Featured photo : © The Dubai Mall / Facebook

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