Comments on: My Thoughts on Dubai http://www.passionsofazealot.com/2009/11/30/my-thoughts-on-dubai/ by Andrew Calvo Sat, 21 Apr 2012 18:50:09 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: tk http://www.passionsofazealot.com/2009/11/30/my-thoughts-on-dubai/comment-page-1/#comment-10063 tk Fri, 29 Jan 2010 08:09:12 +0000 http://www.passionsofazealot.com/?p=868#comment-10063 Andrew - Just a quick comment to your view on Dubai not really being a viable tourist location. Generally, your comments are fairly well thought out, but to say that because Dubai is a 12 hour flight from NY and its too hot, why would people go, seems rather short sighted to me. Perhaps it wont be what South beach is to NYC, but the fact is that it is hugely popular to regions that are but a few hours from Dubai: India, Saudi, Russia to name a few. And do not forget, that there are two main things about Dubai that will make it a destination that, in the long term, wont go anywhere. In fact, these will make it grow. Money laundering and women. The MENA region needs access to women, and many many countries need a place to park cash. Andrew – Just a quick comment to your view on Dubai not really being a viable tourist location. Generally, your comments are fairly well thought out, but to say that because Dubai is a 12 hour flight from NY and its too hot, why would people go, seems rather short sighted to me. Perhaps it wont be what South beach is to NYC, but the fact is that it is hugely popular to regions that are but a few hours from Dubai: India, Saudi, Russia to name a few. And do not forget, that there are two main things about Dubai that will make it a destination that, in the long term, wont go anywhere. In fact, these will make it grow. Money laundering and women.

The MENA region needs access to women, and many many countries need a place to park cash.

]]> By: Emilia http://www.passionsofazealot.com/2009/11/30/my-thoughts-on-dubai/comment-page-1/#comment-9827 Emilia Wed, 20 Jan 2010 15:00:45 +0000 http://www.passionsofazealot.com/?p=868#comment-9827 "Money may buy buildings, it may buy roads, but after awhile Economics 101 kicks in and reality hits." A very timely quote, and I believe it applies to a lot more than Dubai (hint: look all around us). Thank you for a very pertinent article. Hope your passions continue to enlighten and entertain in equal measure. “Money may buy buildings, it may buy roads, but after awhile Economics 101 kicks in and reality hits.”

A very timely quote, and I believe it applies to a lot more than Dubai (hint: look all around us). Thank you for a very pertinent article. Hope your passions continue to enlighten and entertain in equal measure.

]]> By: Andrew Calvo http://www.passionsofazealot.com/2009/11/30/my-thoughts-on-dubai/comment-page-1/#comment-8808 Andrew Calvo Tue, 01 Dec 2009 20:26:18 +0000 http://www.passionsofazealot.com/?p=868#comment-8808 Jerry, Thanks for your comment. I looked into the Dubai/Oil issue and Dubai does have oil - just not alot.. And (I was wrong in my blog post) that is not where most of their income comes from. In regards to iStar having no management/development experience - you are correct that John Q Hammons is partially owned by iStar, but (from what I've been able to gather - please do correct me if I'm wrong) iStar does not participate in their day to day management/development. Jerry, Thanks for your comment. I looked into the Dubai/Oil issue and Dubai does have oil – just not alot.. And (I was wrong in my blog post) that is not where most of their income comes from.

In regards to iStar having no management/development experience – you are correct that John Q Hammons is partially owned by iStar, but (from what I’ve been able to gather – please do correct me if I’m wrong) iStar does not participate in their day to day management/development.

]]> By: Jerry Merkin http://www.passionsofazealot.com/2009/11/30/my-thoughts-on-dubai/comment-page-1/#comment-8803 Jerry Merkin Tue, 01 Dec 2009 17:08:41 +0000 http://www.passionsofazealot.com/?p=868#comment-8803 You keep getting it wrong--Dubai has no oil. In previous post you said IStar has no management/development experience. They own John Q Hammons and run their properties through Atrium in Scottsdale. And also JQH in further development. If you are going to be taken seriously, get it right You keep getting it wrong–Dubai has no oil. In previous post you said IStar has no management/development experience. They own John Q Hammons and run their properties through Atrium in Scottsdale. And also JQH in further development. If you are going to be taken seriously, get it right

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