Bloomberg: UAE tourism sector plunges
31 July 2019; MEMO: The slowdown in the United Arab Emirates (UAE)’s tourism industry has pushed the Jumeirah Group LLC hotel chain to lay off hundreds of employees, Bloomberg reported yesterday.
“The government-owned luxury hotel chain, which manages 24 properties in eight countries, recently shed about 500 jobs,” the New York-based agency said. Jumeirah currently employs 13,500 people.
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