United Arab Emirates - Abu Dhabi - January 10th, 2010 - The swimming pool at the Yas Hotel.  (Galen Clarke/The National)  *** Local Caption ***  GC02_01102010_YasHotel.jpg
The swimming pool at the Yas Hotel.

Capital's hotels in gear to do roaring Grand Prix trade



A year ago, workers were still scurrying about the seven newly built luxury hotels on Yas Island, varnishing floors, fitting lights and cleaning glasswork, just days before the inaugural Abu Dhabi Grand Prix.

Fast forward 12 months and those same hotels, along with the rest of the capital's tourism industry, have a much easier time of it. They are poised to increase revenue during Formula One week.

"The economic returns of a sold out 2009 Grand Prix significantly benefited the tourism sector and wider economy. Now we are expecting a greater impact from this year's event," says Lawrence Franklin, the director of strategy and policy at Abu Dhabi Tourism Authority (ADTA).

"Through year-long marketing and advertising initiatives, as well as far more extensive, citywide entertainment and attraction offerings, we are expecting to see strong hotel occupancy rates and significant destination awareness from this year's race."

Corporate hospitality, networking, media attention and the huge exposure Abu Dhabi receives during Grand Prix week will boost the emirate's entire tourism industry.

Already the Abu Dhabi Motorsports Management (ADMM) has reported more than 90 per cent of the 42,000 seats for next Sunday's final race of the Grand Prix season have been sold.

At Yas's stunning marina, luxury yachts have started to arrive, taking their positions for one of the best views of this year's F1 finale.

As for the island's hotels, every room has been booked. But then last year they opened to full occupancy, which is rare for new hotels. Usually, they have a "soft" launch for several weeks, where they gradually open their rooms and facilities, allowing them to iron out any problems that may arise.

"Of course we have used all the [experience] from last year in order to be better prepared," says Patrick Martinez, the general manager of the Rotana and Centro hotels. "Based on last year, I think the hotels did not have all the logistics to be able to deliver on a service and product level."

But it is not just the hotels on Yas Island that will reap benefits. The hospitality industry in Abu Dhabi will received a tremendous boost, with hotels in the capital reporting increased bookings for the GP.

"It's good for tourism, it's good for the economy," says Sid Sattanathan, the general manager of Holiday Inn Abu Dhabi. "It's very positive. We will be full."

Major events taking place around GP weekend, such as the Prince concert, have helped draw tourists.

"Fairmont Bab Al Bahr will enjoy full occupancy," says Arshad Hussain, the director of sales and marketing at the hotel. "This year F1 teams have been confirming their reservations eight months out and we have benefited from this base business.

"We are full from November 11 to 15 but have also reserved rooms from our inventory for our regular corporate clients. Our food and beverage outlets and meeting spaces have also benefited from F1 business, with a full roster of events.

"F1 is instrumental for the image of Abu Dhabi as a destination, especially as the championship [may] be decided in Abu Dhabi."

The new Grand Millennium hotel, next to Al Wahda Mall, is just as bullish about bookings.

"We definitely want to be part of the F1 cake," says Michael Sorgenfrey, the hotel's general manager.

The numbers

140
the number of 40-foot containers reported by ADMM that will be delivered to the circuit for race weekend, along with up to 40 tonnes of cars and equipment air-freighted in on five Boeing 747 cargo planes.

50,000
people expected to attend the Abu Dhabi Grand Prix on Yas Island

90
percentage of tickets already sold for the Yas Island spectacular

520 million
global viewing figures for last year's Abu Dhabi Grand Prix

12
the number of teams that will compete in the Abu Dhabi Grand Prix

499
the number of rooms at the five-star Yas Hotel

3
The Park Inn is a three-star hotel

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

GCC-UK Growth

An FTA with the GCC would be very significant for the UK. My Department has forecast that it could generate an additional £1.6 billion a year for our economy.
With consumer demand across the GCC predicted to increase to £800 billion by 2035 this deal could act as a launchpad from which our firms can boost their market share.

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

COMPANY PROFILE

Name: Ejari
Based: Riyadh, Saudi Arabia
Founders: Yazeed Al Shamsi, Fahad Albedah, Mohammed Alkhelewy and Khalid Almunif
Sector: PropTech
Total funding: $1 million
Investors: Sanabil 500 Mena, Hambro Perks' Oryx Fund and angel investors
Number of employees: 8

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

The specs

Engine: 5.2-litre V10

Power: 640hp at 8,000rpm

Torque: 565Nm at 6,500rpm

Transmission: 7-speed dual-clutch auto

Price: From Dh1 million

On sale: Q3 or Q4 2022

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

'Panga'

Directed by Ashwiny Iyer Tiwari

Starring Kangana Ranaut, Richa Chadha, Jassie Gill, Yagya Bhasin, Neena Gupta

Rating: 3.5/5

Match info:

Portugal 1
Ronaldo (4')

Morocco 0

COMPANY PROFILE

Company name: Klipit

Started: 2022

Founders: Venkat Reddy, Mohammed Al Bulooki, Bilal Merchant, Asif Ahmed, Ovais Merchant

Based: Dubai, UAE

Industry: Digital receipts, finance, blockchain

Funding: $4 million

Investors: Privately/self-funded

Indika

Developer: 11 Bit Studios
Publisher: Odd Meter
Console: PlayStation 5, PC and Xbox series X/S
Rating: 4/5

'Brazen'

Director:+Monika Mitchell

Starring:+Alyssa Milano, Sam Page, Colleen Wheeler

Rating: 3/5

COMPANY PROFILE

Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception

The biog

Favourite film: Motorcycle Dairies, Monsieur Hulot’s Holiday, Kagemusha

Favourite book: One Hundred Years of Solitude

Holiday destination: Sri Lanka

First car: VW Golf

Proudest achievement: Building Robotics Labs at Khalifa University and King’s College London, Daughters

Driverless cars or drones: Driverless Cars

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

UAE and Russia in numbers

UAE-Russia ties stretch back 48 years

Trade between the UAE and Russia reached Dh12.5 bn in 2018

More than 3,000 Russian companies are registered in the UAE

Around 40,000 Russians live in the UAE

The number of Russian tourists travelling to the UAE will increase to 12 percent to reach 1.6 million in 2023

Sonchiriya

Director: Abhishek Chaubey

Producer: RSVP Movies, Azure Entertainment

Cast: Sushant Singh Rajput, Manoj Bajpayee, Ashutosh Rana, Bhumi Pednekar, Ranvir Shorey

Rating: 3/5

The specs

Engine: 3.0 twin-turbo inline six-cylinder
Transmission: eight-speed
Power: 503hp
Torque: 600Nm
Price: from Dh450,000
On sale: now

Directed by: Craig Gillespie

Starring: Emma Stone, Emma Thompson, Joel Fry

4/5

Company profile

Company name: Tuhoon
Year started: June 2021
Co-founders: Fares Ghandour, Dr Naif Almutawa, Aymane Sennoussi
Based: Riyadh
Sector: health care
Size: 15 employees, $250,000 in revenue
Investment stage: seed
Investors: Wamda Capital, Nuwa Capital, angel investors

The past Palme d'Or winners

2018 Shoplifters, Hirokazu Kore-eda

2017 The Square, Ruben Ostlund

2016 I, Daniel Blake, Ken Loach

2015 DheepanJacques Audiard

2014 Winter Sleep (Kış Uykusu), Nuri Bilge Ceylan

2013 Blue is the Warmest Colour (La Vie d'Adèle: Chapitres 1 et 2), Abdellatif Kechiche, Adele Exarchopoulos and Lea Seydoux

2012 Amour, Michael Haneke

2011 The Tree of LifeTerrence Malick

2010 Uncle Boonmee Who Can Recall His Past Lives (Lung Bunmi Raluek Chat), Apichatpong Weerasethakul

2009 The White Ribbon (Eine deutsche Kindergeschichte), Michael Haneke

2008 The Class (Entre les murs), Laurent Cantet

What's in my pazhamkootan?

Add:
Parippu – moong dal and coconut curry
Sambar – vegetable-infused toor dal curry
Aviyal – mixed vegetables in thick coconut paste
Thoran – beans and other dry veggies with spiced coconut
Khichdi – lentil and rice porridge


Optional:
Kootukari – stew of black chickpeas, raw banana, yam and coconut paste
Olan – ash gourd curry with coconut milk
Pulissery – spiced buttermilk curry
Rasam – spice-infused soup with a tamarind base


Avoid:
Payasam – sweet vermicelli kheer


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