Qe2 News

Dubai World to repay debt “within eight years”

Dubai World to repay debt “within eight years”

22nd Mar 2010 in Tourism News

Dubai World is to ask its creditors for up to eight more years to pay back a $22 billion debt. The troubled investment fund, which owns the QE2 cruise liner and Cirque du Soleil, will promise creditors that it will be able to repay the entire debt if granted the extension. → Read More

Dubai World to sell QE2

Dubai World to sell QE2

8th Feb 2010 in Cruise News

Dubai World is putting the iconic cruise liner QE2 up for sale, as well as host of other interests including Cirque du Soleil, as it grapples to cut its $22bn debt mountain. → Read More

Cape Town poised to berth QE2 floating hotel

14th Jul 2009 in Cruise News

South Africa has confirmed it is considering a proposal from Dubai to permanently berth the Queen Elizabeth 2 liner at the Victoria and Albert Waterfront in Cape Town, and convert it into a luxury floating hotel. → Read More

QE2 floating hotel conversion in jeopardy

Press Release | 9th Mar 2009 in Hotel News

Plans to turn the QE2 into a luxury hotel in Dubai could be shelved as its developer pull the reigns on construction budgets.Government-owned Nakheel, which bought the liner in 2007 from Cunard, had planned to “usher in the next exciting chapter of her rich and dignified life”, including building a 6,000 sq yd spa complex, and replacing the ship’s funnel with a glass structure to house penthouse suites. → Read More

Follow Breaking Travel News

Travel Events Calendar

Media Partnerships

Global Restaurant Investment ForumThe Hospitality & Tourism SummitCATHIC
ITB AsiaChina Outbound Travel & Tourism MarketThe Travel Marketing Store
Serviced Apartment SummitWorld Travel MarketIMEX
AHICWTTCRoutes Online
UBM Aviation