Travel is getting cheaper.
Travel is getting cheaper.

Savvy travel: tips to cut costs



The sinking feeling in your stomach has nothing to do with turbulence and everything to do with the fact that the person sitting across the aisle making small talk as the plane inches towards Paris on the overhead monitor has paid less than you for their plane ticket. Much, much less. And now you're about to make the mistake of asking about the price of their hotel room. You don't have to be the one left out of pocket, however, as long as you do your homework. While it's often easier and sometimes cheaper to book through a tour operator, it's always worth comparing the price of what they offer with the cost of booking your flights and accommodation separately.

Booking a value-for-money holiday requires patience, effort and a measure of luck: the greatest rewards are reserved for those who are prepared to spend hours researching on the internet, often months in advance, and can afford to be flexible about when they travel. Over the past two years the cost of flights across the Atlantic and within Europe have fallen following a drop in passenger numbers, but here in the Middle East, where the market has remained buoyant, travellers looking for cheap fares have to be canny. As a general rule, the cheapest time to fly is still midweek, as business travellers tend to push up fares on Sundays and Thursdays, and holidaymakers create a high demand for tickets on Thursday evening, Friday and Saturday services.

If you can be flexible both about when and where you want to holiday, even better. The locally based carriers Etihad Airways (www.etihadairways.com), Flydubai (www.flydubai.com), Emirates (www.emirates.com), and Air Arabia (www.airarabia.com) e-mail news about reduced fares to their online subscribers, and it's well worth reading through such offers so that when the time comes you can recognise a truly low fare and pounce. The local low-cost airlines Flydubai and Air Arabia offer good value flights to a limited number of destinations: you can fly to Muscat from Dubai return for only Dh308 on Flydubai and from Sharjah to Beirut on AirArabia for only Dh408 return, for example.

If you are flying further afield and determined to bag a bargain, check whether you can connect more cheaply to your final destination indirectly via Istanbul for onward European travel or Delhi for Asia, for example. A return flight to Istanbul on Flydubai costs from Dh960, including taxes. Tick the "low fare finder" box on its homepage to see the cheapest fares month by month. Don't forget to factor in the cost of a hotel for the night, taxi fares, visas and eating out, however, as it's unlikely that your connection with another airline will dovetail that neatly. Hardcore budget types would roll out a sleeping bag in the transit lounge, of course, but that means missing out on what lies beyond Customs.

Some carriers, including Singapore Airlines, offer great deals on stopovers to incentivise passengers to fly indirectly. Until October 31, Singapore Airlines (www.singaporeair.com) is currently offering a one-night stopover including hotel accommodation, airport transfers, a sightseeing bus tour, free admission to some major attractions, and half-price hotel meals from US$33 per person, per night, based on two people sharing a room; valid for travel until November 15. Turkish Airlines offers a free sightseeing tour of Istanbul with a private guide to all of its transit passengers, time allowing (www.istanbulinhours.com).

There are a host of websites promising to help travellers find the cheapest air tickets with one click of a search button. If you input your travel dates into Skyscanner.net or Kayak.com, for example, these search engines list the airlines offering direct and indirect flights to your chosen destination and their ticket prices, potentially saving you thousands of dirhams. Kayak.com also brings up a matrix of fares for the rest of a month showing you the cheapest dates to fly.

This section's very own budget traveller, Ismat Abidi, who has been describing her worldwide tour in "On the road", recommends Skyscanner.net. "Whilet I was on the road and my plans changed, I used Skyscanner to find the cheapest flights available. The website allowed me to make decisions quickly, showing the cheapest direct and indirect routes. The search option came up with some great bargains if I didn't specify an airport of the country I was flying to. The best deal I got was a last-minute booking from Hong Kong to Shanghai for Dh575; almost half the regular price."

Comparing the cost of flights with airlines' codeshare partners can also bring savings. Some airlines adopt a practice known as codesharing in order to increase the size and appeal of their own networks without the exorbitant cost of buying landing rights or new aircraft to service the routes themselves. Spotting codeshares is now quicker and easier thanks to websites such as Kayak.com; the flights that depart at exactly the same time from the same airport in the listing are operated by codeshare agreement. For example, when looking at flights from the UAE to Bangkok, I found a return flight on Emirates for Dh2,835, considerably less than a comparable ticket on Thai Airways (www.thaiair.com) that cost Dh5,575. Both flights departed Dubai just 40 minutes apart, and the return leg of the journey was the same flight operated by Thai Airways, an Emirates' codeshare partner.

If you can't bear the thought of travelling without all the comforts, sign up for Etihad Airways' loyalty scheme, Etihad Guest. The airline offers a preview of discounted fares to guest members a few days before they are released online. Current sale fares include return flights to Beirut for Dh1,355; Bangkok for Dh1,895 and London for Dh2,505; a discount, it says, of up to 40 per cent on standard fares.

According to Peter Baumgartner, Etihad Airways' Chief Commercial Officer, the airline releases online discounted fares - called "breaking deals" - every week even during busy periods such as Eid, Diwali and Christmas. "Even in high season there is always a selection of good deals," he says. "We have special offers for target audiences to factor in special occasions to travel." Whether you fly with a full-service or budget airline, Middle Eastern carriers' growing networks is a boon: new routes tend to launch with discounted fares to help generate demand.

Booking early is often cited, particularly by the most interested parties - airlines, hoteliers and package operators - as the best way to save money on a holiday. If you're planning a ski holiday, however, the opposite has become true as twitchy operators have started cutting prices earlier and earlier. If you plan to travel to Europe's ski fields, as long as you avoid school holidays, Christmas and are unafraid to wait to book until about two weeks before departure, you can often save up to 50 per cent. The added bonus of waiting to book until the last minute is the certain knowledge that you will have wonderful fresh powder waiting when you arrive.

The same devil-may-care attitude to accommodation could help you to save money on your summer holiday, particularly if you're bold enough to haggle. Hotelier and travel writer Gill Charlton offers reduced rates at her own bed and breakfast in Cornwall to people who book late. But you've got to ask. "If I like the sound of the person," she says, "and it's near the date of arrival, I will take 10 per cent off ... If it's the date of arrival, I may discount more." Haggling only works if you manage to strike the right tone on the phone with an independent hotel or guesthouse owner, she says. If you have a family, request that your children stay and eat at no extra cost. Don't bother asking for such discounts at hotel chains though as reservation agents in call centres don't have the power to cut any deals.

Ismat Abidi uses the review site TripAdvisor.com to help narrow her search for a decent hotel room, before picking up the phone. "If you mention to a hotel receptionist, 'I saw your review on TripAdvisor ...', they seem eager to uphold their online reputation and oblige with a room, usually at a discounted rate," she says. "If you book over the phone, you can also ask for free perks like a room with the best view, far from the laundry room or closest to the Wi-Fi hotspot."

When Gill Charlton is booking her own trips she uses Hotels.com, a website that's part of Expedia Inc and negotiates exclusive discounted rates directly with hotels. Nigel Pocklington, the managing director of Hotels.com for Europe, the Middle East and Africa, says that if you see a room advertised as a "top deal" on its website, book it - it won't get much cheaper. "What tends to happen is that quite a lot of hotels incentivise with an extra night, so stay a fourth night and save 15 per cent," he says. "If you want to know the best deal that you will find on a site like ours ... it will be around 30 to 40 per cent off. You can be sure you are getting something pretty special then."

Now's a great time to travel, he says: "We track a lot of hotel prices. In 2009, hotel prices were at their lowest level for four years and although that rate of decline has stopped, they are not going up again; they are bumping along at the bottom." The website, which has Arabic and English-language versions, currently has a sale of up to 40 per cent on travel worldwide until November 30. Hotels.com also posts hotel reviews and offers a "price-match guarantee" that if you find a cheaper deal, it will refund the difference, making it a useful resource. Don't be disappointed if you find that a hotel's own website offers the same price, though - one of the greatest advantages of using such a website is to show you what's available at your chosen destination saving you hours of research. And time, after all, is money.

Wherever and however you choose to travel next time, make sure that you're the reviled passenger sitting in economy (of course) or shunned on a sunlounger for telling anyone within earshot: "I couldn't believe how cheap my holiday was." @Email:cdight@thenational.ae

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

The specs

Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)

THE SPECS

      

 

Engine: 1.5-litre

 

Transmission: 6-speed automatic

 

Power: 110 horsepower 

 

Torque: 147Nm 

 

Price: From Dh59,700 

 

On sale: now  

 

The Dark Blue Winter Overcoat & Other Stories From the North
Edited and Introduced by Sjón and Ted Hodgkinson
Pushkin Press 

The specs: 2018 Dodge Durango SRT

Price, base / as tested: Dh259,000

Engine: 6.4-litre V8

Power: 475hp @ 6,000rpm

Torque: 640Nm @ 4,300rpm

Transmission: Eight-speed automatic

Fuel consumption, combined: 7.7L / 100km

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Stan%20Lee
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RESULTS

5pm: Wathba Stallions Cup Maiden (PA) Dh 70,000 (Dirt) 1,600m
Winner: Samau Xmnsor, Abdul Aziz Al Balushi (jockey), Ibrahim Al Hadhrami (trainer)
5.30pm: Maiden (PA) Dh 70,000 (D) 1,600m
Winner: Ottoman, Szczepan Mazur, Abdallah Al Hammadi
6pm: Maiden (PA) Dh 70,000 (D) 1,800m
Winner: Sharkh, Patrick Cosgrave, Helal Al Alawi
6.30pm: Handicap (PA) Dh 85,000 (D) 1,800m
Winner: Yaraa, Fernando Jara, Majed Al Jahouri
7pm: Handicap (PA) Dh 70,000 (D) 2,000m
Winner: Maaly Al Reef, Bernardo Pinheiro, Abdallah Al Hammadi
7.30pm: Maiden (PA) Dh 70,000 (D) 1,000m
Winner: Jinjal, Fabrice Veron, Ahmed Al Shemaili
8pm: Handicap (PA) Dh 70,000 (D) 1,000m
Winner: Al Sail, Tadhg O’Shea, Ernst Oertel

match info

Chelsea 2
Willian (13'), Ross Barkley (64')

Liverpool 0

THREE
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2.0

Director: S Shankar

Producer: Lyca Productions; presented by Dharma Films

Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey

Rating: 3.5/5 stars

Which honey takes your fancy?

Al Ghaf Honey

The Al Ghaf tree is a local desert tree which bears the harsh summers with drought and high temperatures. From the rich flowers, bees that pollinate this tree can produce delicious red colour honey in June and July each year

Sidr Honey

The Sidr tree is an evergreen tree with long and strong forked branches. The blossom from this tree is called Yabyab, which provides rich food for bees to produce honey in October and November. This honey is the most expensive, but tastiest

Samar Honey

The Samar tree trunk, leaves and blossom contains Barm which is the secret of healing. You can enjoy the best types of honey from this tree every year in May and June. It is an historical witness to the life of the Emirati nation which represents the harsh desert and mountain environments

A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
 
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
 
Round 3: February 7-9, Dubai Autodrome – Dubai
 
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
 
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

The specs

Engine: 2.0-litre 4-cyl turbo

Power: 247hp at 6,500rpm

Torque: 370Nm from 1,500-3,500rpm

Transmission: 10-speed auto

Fuel consumption: 7.8L/100km

Price: from Dh94,900

On sale: now

The Bio

Hometown: Bogota, Colombia
Favourite place to relax in UAE: the desert around Al Mleiha in Sharjah or the eastern mangroves in Abu Dhabi
The one book everyone should read: 100 Years of Solitude by Gabriel Garcia Marquez. It will make your mind fly
Favourite documentary: Chasing Coral by Jeff Orlowski. It's a good reality check about one of the most valued ecosystems for humanity