Word: jumeirah
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Dates: during 2000-2009
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Clipping Big Bird's Wings. The last British Airways Concorde aircraft will reportedly be sold to Dubai (along with the Queen Elizabeth 2) as a tourist attraction on Palm Jumeirah. The supersonic BA fleet was grounded six years ago and all the other aircraft were donated to museums, except this last one, which had been stripped for spare parts. That's not the last indignity it will suffer - to get the plane to Dubai via ship, its wings will have to be cut off before loading. Once at its final destination, it will be tarted up and opened for touring...
...hotel is the crown jewel of the Palm Jumeirah, a monumental feat of land reclamation. In the shape of an Arabian date palm, it is the first in a network of man-made islands that is altering Dubai's landscape, adding 1,200 miles (2,000 km) of additional beachfront property to a desert city-state whose natural coastline is a mere 37 miles (60 km). The $20 million extravaganza aims to nail down Dubai's reputation for luxurious excess - an ambition that seems almost anachronistic now that ill winds from Wall Street and the collapse in oil prices...
...communist fervor. Practically everywhere you look in the historic French Concession, local entrepreneurs are hawking designer T-shirts or handmade ceramics in tiny yet terribly hip spaces carved out of old lane-houses. This year, several luxury hotels will open their doors in Shanghai, including one run by the Jumeirah Group that's behind Dubai's over-the-top Burj Al Arab...
Meanwhile, hotel companies are also finding ways to lighten your luggage load. Fairmont Hotel and Resorts (fairmont.com) partners with delivery service Sports Express to ship guest luggage and sports equipment to any of its worldwide properties. Dubai's Jumeirah Hotel offers an online "boutique" for items such as shaving cream and suntan lotion that you often can't carry on, thanks to increased security: order them before you board and they'll be waiting in your room when you arrive. And repeat guests can store their luggage at certain Peninsula hotels in the U.S. and Asia, with your clothes...
Foreign companies were the buyers in four of the top 13 U.S. commercial real estate deals in 2007, according to Real Estate Alert newsletter. Another foreign acquisition of notable Manhattan real estate was the Dubai-based Jumeirah group's 2006 purchase of the Essex House on Central Park South...