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Financial Worries Dog New Year Celebrations
DUBAI - Revellers may stay at home this New Year Eve rather than pay up to Dh1,500 a head for entry to popular bars. With concerns over financial security, many expatriates are opting for more cost-efficient house parties rather than splashing out on expensive one-nighters.
The offshore roundhouse bar, 360°, is normally free of charge to enter, but on December 31, partygoers will be expected to produce a ticket worth Dh1,500 to gain entrance. The ticket price includes only the cost of half a bottle of champagne, and food is not included.
“It is virtually impossible to spend your New Year Eve in the same place where you would normally spend a Friday night,” said David Beasley, a 25-year-old British expat who lives in the Meadows. “They have jacked up prices so much that it has become impossible to go out. “I think we will have a large group of friends over to celebrate rather than pay through the nose to go out to one of these places,” he added.
Barasti has three grades of tickets ranging from Dh295 for tickets to the beach, to Dh1,000 for buffet meal and drinks in an area of exclusive seating.
“People are still spending money,” said Barasti bar manager Peter Skudutis. “We have been stronger than ever in terms of the amount of business we are generating.”
An employee for Jumeirah Group, the company which operates 360°, said that there were still many tickets available. A spokeswoman for the company however denied that sales were slow.
“We are receiving bookings everyday for the upcoming festive season and we are expecting to be fully booked,” she said.
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