DESTINATIONS Moscow

Moscow

Moscow has had an incredibly interesting and colorful past which is reflected in its unique culture and architecture. While being a global centre for politics, economics and business, Moscow is also a popular tourist destination for visitors from around the world. Moscow is the 860 year-old capital of the Russian Federation. A truly iconic, global city, Moscow has played a central role in the development of the Russian state and indeed the world.

Moscow is a large city with a population of over 13 million, which accounts for about a tenth of the entire population of Russia. The city is located on the Moskva River and many of the main Moscow tourism sites are situated along the banks of the river. Architectural gems from the time of the Russian Empire are still dotted throughout Moscow and the sight of the Kremlin complex in the centre of the city is still loaded with symbolism and history.

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Theme parks to propel 50% growth in Dubai’s timeshare market

Arabian Falcon latest report discusses how the timeshare industry in Dubai will grow by 50 percent in 2017, driven by millions of tourists to the three theme parks that will open at the end of 2016, replicating the success story of Orlando, according to the largest independent timeshare sales and marketing company in the Middle East.

Mohannad Sharafuddin, chairman and CEO of Arabian Falcon Holidays, said the launch of Dubai Parks and Resorts will see the timeshare sector more than double the current growth rates of 15-20 percent.

"Dubai Parks and Resorts, the operator of Middle East's largest multi-themed leisure and entertainment destination, expects over 6.7 million ticketed visits in 2017. That's a huge number in the first year and will aid in the growth of the timeshare market here," he said in a statement.

He added: "The timeshare market will grow exponentially in 2017, surpassing the growth rates of 15 to 20 percent per year, and heralding a new era with an annual growth rate of 50 percent, primarily driven by tourists visiting these theme parks. The economic impact of the theme park on the timeshare market is relevant to Dubai as well. It will increase the number of tourists from Africa and Asia by leaps and bounds, making it the top timeshare destination in the Middle East and North Africa. It will also add more than AED14 billion by 2020 to the emirate's economy," Sharafuddin said.

Dubai Parks & Resorts will include Motiongate, a Hollywood inspired theme park concept based on major DreamWorks Animation and Sony Pictures movies, Legoland Dubai, and Bollywood Parks, an entertainment destination that will showcase the Bollywood movie experience.

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	Theme parks to propel 50 per cent growth in Dubai Timeshare			"Timeshare" market in Dubai will grow by 50% by 2017 (Arabic)
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	Theme parks to propel 50 per cent growth in Dubai Timeshare			Timeshare & benefits, along with a competition. Interview with Chairman Al Mohannad.