Travel is one of life’s great pleasures, but it can be a very expensive pastime.
For those looking to cut expenses on their next trip, without curtailing any of the enjoyment, here are a few simple ideas to make your cash go further.
Take the road less travelled
Instagram is filled with images of jaw-droppingly gorgeous places that we all want to see. However, many of these locations are very expensive to get to, or cost a fortune once there. So, instead of heading to see bucket-list destinations, look for places a little more off the beaten path.
Budget airlines are excellent for this, as most connect to smaller, less busy airports and cities, making it easier to find new places to explore. Likewise, train journeys can offer access to places not served by airlines.
Stay for more than two nights
With limited time to see as much as possible, a large proportion of visitors will stay in one place for only one night. A better option is to use the same hotel as a base to explore the wider area, because staying for three or more nights will often bring down the room rate.
Many hotels and guesthouses reward those looking for an extended stay with a cheaper rate. In the UAE, for example, many hotels offer discounts for bookings of several nights. Check the property's website for special deals.
Book your breakfast
This is such an easy way to cut down on your daily food spend. Eat a hearty breakfast before heading out to explore, cutting out the need for expensive snacks en route and setting you up for a busy day of exploring ahead.
Use local transport or walk
The best, and cheapest, way to get to know a new city or area is on foot, so put on your most comfy shoes and fire up Google Maps. If walking doesn't appeal to you (or the weather isn't conducive), try the local bus or metro system.
The same applies when travelling from the airport to your hotel and vice versa. Or, look for properties that offer an airport pick-up with the room rate.
Invest in a cultural pass
Many major cities offer a pass granting access to several museums and attractions, so for those looking to hit numerous cultural sites during their stay, this is an excellent way to save money.
You can often find one catering to your specific interests, too. For example, in Spain, the Barcelona Card offers free entry to more than 25 museums and attractions, discounts at more than 70 sites (from cultural stops to tours and restaurants) and the opportunity to skip the line in some areas, as well as free use of public transport. The city's Articket Barcelona Museum Pass, on the other hand, covers entry to six of its top art museums, with fast-track entry and admission for both temporary and permanent exhibitions.
You also might be able to visit cultural sites for free, depending on where you are. In Florence, it is free entry to most of the major museums on the first Sunday of each month, while in Seoul, anyone dressed in the traditional hanbok gets free entry to museums and palaces.
Eat street food
Eating street food (and choosing it carefully) is an amazing way to connect to the local culture, wherever you are. Look for places that are busy with locals — not tourists — as this means the food is good, while the high turnover of customers ensures everything is freshly prepared. But use your common sense. Raw foods such as sushi, for example, should never be gambled on. Remember, it's usually the rice or ice that gets you.
Don’t eat out in a tourist area
While the idea of eating lunch overlooking the Colosseum in Rome is the stuff of dreams, be warned you will pay handsomely for the privilege. The cafes facing the Duomo in Florence, for example, will charge several times the going rate for a cappuccino than those in other areas of the city.
Take the time to dig out little coffee bars, cafes and restaurants on the backstreets of major cities. Just as with street food, look for places where the locals are eating. It will be better fare and at least half the price.
Use local supermarkets
Don't rely on room service for your nibbles and refreshments — just ask for directions to the local supermarket instead and buy whatever you need there. Not only is this putting money straight into the local economy, but it will be a fraction of the price. Likewise, never, ever eat the snacks in the hotel minibar, as the mark-up tends to be astronomical.
Carry a refillable water bottle
Buying bottled water not only perpetuates pollution, but the mark-up is often eye-watering. Add up the cost of water on a two-week trip and it will easily cover the cost of a meal. Where possible, stay properly hydrated by bringing your own bottle and refilling using tap water (only if it's safe to drink in the country) or public fountains that you'll find in many cities across the world.
Travel overnight
Airline prices are undoubtedly higher since the pandemic, as the travel industry tries to claw back the billions it has lost, yet there are still cheaper options available. Taking a flight at an antisocial hour will always give a lower price, for example. Likewise, for train and bus journeys, look for overnight sleeper tickets. The novelty of waking up as the world whizzes past the window makes for an interesting adventure.
Stay for free with locals
In some countries, this is a well-established way to travel. In Nepal, for example, those hiking many of the mountain trails can stay in local homes, paying only for the food consumed. If this is how you travel, be careful not to abuse it, however. Give your host a fair price for the food and leave a good tip. If your host looks embarrassed at this gesture, offer it as a gift for the children instead.
Haggle at markets
For those born in non-haggling nations, having to argue the price of everything can be mystifying and even a little exhausting. Yet, haggling is part and parcel of the culture in many countries.
As a guest in someone else's country, first accept that you will never get the same price as locals, so accept this with grace. Any visitor to Marrakesh in Morocco, Stone Town in Zanzibar or Istanbul in Turkey, for example, will ensure you understand that bettering the street vendors is impossible, so slash the astronomical starting price by a third, keep smiling and do your best. You will inevitably end up paying more than you should for the item, but you will get tea and a great chat for free.
Go off-season
Portofino in Italy is exquisite in the summertime, but the streets will be humming with tourists and struggling through the crowds will take the shine off the experience. Instead, go outside of peak season if you can as it can result in substantial savings across the board.
Flights will be cheaper, as will hotels and even shops, as all try to entice the smaller pool of visitors. Bethlehem, for example, is packed during the festive season, while Rome is akin to a human zoo during August. Be brave and flip these around. Bethlehem is cool during the summer, while Rome is beautiful in February.
Don't only follow guidebooks
Unless you have a burning need to stand in a queue for an hour to take exactly the same photograph as everyone else, avoid doggedly following the itinerary laid out in a guidebook. While useful for gathering information, they should be seen as a starting place, rather than a definitive how-to.
There are exceptions to this, of course, such as londonxlondon.com, which offers up a list of 56 quirky things to see across the city, some of which are so wildly offbeat even most Londoners will never have heard of them.
Ask the locals for advice
Need a taxi? Ask hotel staff for guidance on what a decent tourist price should be. Better yet, ask them to book the taxi for you, tell you the price in advance and save on arguments later.
Most regions that rely on tourism have a short window of opportunity to make enough money to last a year, so there will always be those willing to exploit the clueless, be it in Beirut or Bangkok. Arm yourself with information ahead of time on what reasonable prices should be, remembering that, as a tourist, you are always likely to pay more.
Likewise, if you want to find somewhere interesting to eat, ask around for the best food in the neighbourhood. Too often it is assumed tourists want to eat familiar food, surrounded by other tourists, so asking a local where he or she would eat can open up a whole new conversation and take you to places that you might never have found otherwise.
Brief scores
Toss India, chose to bat
India 281-7 in 50 ov (Pandya 83, Dhoni 79; Coulter-Nile 3-44)
Australia 137-9 in 21 ov (Maxwell 39, Warner 25; Chahal 3-30)
India won by 26 runs on Duckworth-Lewis Method
Brief scoreline:
Liverpool 2
Keita 5', Firmino 26'
Porto 0
Match info
Uefa Champions League Group B
Barcelona v Tottenham Hotspur, midnight
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.”
Match info
What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm
Mobile phone packages comparison
New schools in Dubai
The specs: 2018 GMC Terrain
Price, base / as tested: Dh94,600 / Dh159,700
Engine: 2.0-litre turbocharged four-cylinder
Power: 252hp @ 5,500rpm
Torque: 353Nm @ 2,500rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.4L / 100km
Abu Dhabi Sustainability Week
Fund-raising tips for start-ups
Develop an innovative business concept
Have the ability to differentiate yourself from competitors
Put in place a business continuity plan after Covid-19
Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.)
Have enough cash to stay afloat for the next 12 to 18 months
Be creative and innovative to reduce expenses
Be prepared to use Covid-19 as an opportunity for your business
* Tips from Jassim Al Marzooqi and Walid Hanna
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How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
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Various Artists
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
'Champions'
Director: Manuel Calvo
Stars: Yassir Al Saggaf and Fatima Al Banawi
Rating: 2/5
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%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAlexander%20Payne%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Paul%20Giamatti%2C%20Da'Vine%20Joy%20Randolph%2C%20Dominic%20Sessa%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204.5%2F5%3C%2Fp%3E%0A
RESULTS
5pm: Handicap (TB) Dh100,000, 2,400m
Winner: Recordman, Richard Mullen (jockey), Satish Seemar (trainer)
5.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000, 2,200m
Winner: AF Taraha, Tadhg O’Shea, Ernst Oertel
6pm: Abu Dhabi Fillies Classic Prestige (PA) Dh110,000, 1,400m
Winner: Dhafra, Fabrice Veron, Eric Lemartinel
6.30pm: Abu Dhabi Colts Classic Prestige (PA) Dh110,000, 1,400m
Winner: Maqam, Fabrice Veron, Eric Lemartinel
7pm: Handicap (PA) Dh85,000, 1,600m
Winner: AF Momtaz, Fernando Jara, Musabah Al Muhairi
7.30pm: Maiden (PA) Dh80,000, 1,600m
Winner: Optimizm, Patrick Cosgrave, Abdallah Al Hammadi
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
US PGA Championship in numbers
1 Joost Luiten produced a memorable hole in one at the par-three fourth in the first round.
2 To date, the only two players to win the PGA Championship after winning the week before are Rory McIlroy (2014 WGC-Bridgestone Invitational) and Tiger Woods (2007, WGC-Bridgestone Invitational). Hideki Matsuyama or Chris Stroud could have made it three.
3 Number of seasons without a major for McIlroy, who finished in a tie for 22nd.
4 Louis Oosthuizen has now finished second in all four of the game's major championships.
5 In the fifth hole of the final round, McIlroy holed his longest putt of the week - from 16ft 8in - for birdie.
6 For the sixth successive year, play was disrupted by bad weather with a delay of one hour and 43 minutes on Friday.
7 Seven under par (64) was the best round of the week, shot by Matsuyama and Francesco Molinari on Day 2.
8 Number of shots taken by Jason Day on the 18th hole in round three after a risky recovery shot backfired.
9 Jon Rahm's age in months the last time Phil Mickelson missed the cut in the US PGA, in 1995.
10 Jimmy Walker's opening round as defending champion was a 10-over-par 81.
11 The par-four 11th coincidentally ranked as the 11th hardest hole overall with a scoring average of 4.192.
12 Paul Casey was a combined 12 under par for his first round in this year's majors.
13 The average world ranking of the last 13 PGA winners before this week was 25. Kevin Kisner began the week ranked 25th.
14 The world ranking of Justin Thomas before his victory.
15 Of the top 15 players after 54 holes, only Oosthuizen had previously won a major.
16 The par-four 16th marks the start of Quail Hollow's so-called "Green Mile" of finishing holes, some of the toughest in golf.
17 The first round scoring average of the last 17 major champions was 67.2. Kisner and Thorbjorn Olesen shot 67 on day one at Quail Hollow.
18 For the first time in 18 majors, the eventual winner was over par after round one (Thomas shot 73).
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%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20has%20been%20moored%20off%20the%20Yemeni%20coast%20of%20Ras%20Issa%20since%201988.%3Cbr%3EThe%20Houthis%20have%20been%20blockading%20UN%20efforts%20to%20inspect%20and%20maintain%20the%20vessel%20since%202015%2C%20when%20the%20war%20between%20the%20group%20and%20the%20Yemen%20government%2C%20backed%20by%20the%20Saudi-led%20coalition%20began.%3Cbr%3ESince%20then%2C%20a%20handful%20of%20people%20acting%20as%20a%20%3Ca%20href%3D%22https%3A%2F%2Fwww.google.ae%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3D%26esrc%3Ds%26source%3Dweb%26cd%3D%26ved%3D2ahUKEwiw2OfUuKr4AhVBuKQKHTTzB7cQFnoECB4QAQ%26url%3Dhttps%253A%252F%252Fwww.thenationalnews.com%252Fworld%252Fmena%252Fyemen-s-floating-bomb-tanker-millions-kept-safe-by-skeleton-crew-1.1104713%26usg%3DAOvVaw0t9FPiRsx7zK7aEYgc65Ad%22%20target%3D%22_self%22%3Eskeleton%20crew%3C%2Fa%3E%2C%20have%20performed%20rudimentary%20maintenance%20work%20to%20keep%20the%20%3Cem%3ESafer%3C%2Fem%3E%20intact.%3Cbr%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20is%20connected%20to%20a%20pipeline%20from%20the%20oil-rich%20city%20of%20Marib%2C%20and%20was%20once%20a%20hub%20for%20the%20storage%20and%20export%20of%20crude%20oil.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%E2%80%99s%20environmental%20and%20humanitarian%20impact%20may%20extend%20well%20beyond%20Yemen%2C%20experts%20believe%2C%20into%20the%20surrounding%20waters%20of%20Saudi%20Arabia%2C%20Djibouti%20and%20Eritrea%2C%20impacting%20marine-life%20and%20vital%20infrastructure%20like%20desalination%20plans%20and%20fishing%20ports.%C2%A0%3C%2Fp%3E%0A
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
Hadbat Al Ghubainah Street (outbound)
Salama bint Butti Street
Al Dhafra Street
Rabdan Street
Umm Yifina Street exit (inbound)
Abu Dhabi Card
5pm: Maiden (PA) Dh 80,000 1,400m
National selection: AF Mohanak
5.30pm: Handicap (PA) Dh 90,000 1,400m
National selection: Jayide Al Boraq
6pm: Handicap (TB) Dh 100,000 1,400m
National selection: Rocket Power
6.30pm: Abu Dhabi Championship Listed (PA) Dh 180,000 1,600m
National selection: Ihtesham
7pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 1,600m
National selection: Noof KB
7.30pm: Maiden (PA) Dh 80,000 2.200m
National selection: EL Faust
VERSTAPPEN'S FIRSTS
Youngest F1 driver (17 years 3 days Japan 2014)
Youngest driver to start an F1 race (17 years 166 days – Australia 2015)
Youngest F1 driver to score points (17 years 180 days - Malaysia 2015)
Youngest driver to lead an F1 race (18 years 228 days – Spain 2016)
Youngest driver to set an F1 fastest lap (19 years 44 days – Brazil 2016)
Youngest on F1 podium finish (18 years 228 days – Spain 2016)
Youngest F1 winner (18 years 228 days – Spain 2016)
Youngest multiple F1 race winner (Mexico 2017/18)
Youngest F1 driver to win the same race (Mexico 2017/18)
The biog
Siblings: five brothers and one sister
Education: Bachelors in Political Science at the University of Minnesota
Interests: Swimming, tennis and the gym
Favourite place: UAE
Favourite packet food on the trip: pasta primavera
What he did to pass the time during the trip: listen to audio books
MATCH INFO
Champions League quarter-final, first leg
Manchester United v Barcelona, Wednesday, 11pm (UAE)
Match on BeIN Sports