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No alcohol policy at Pearl-Qatar causes another top restaurant to close.

The imposition on a ban on the sale of alcohol on Qatar's freehold development the Pearl-Qatar has precipitated yet another closure

of a top class restaurant on the manmade luxury island, according to a daily digital news service in the gas-rich Arabian Gulf state, at

the backend of March 2013.

AaeDoha News' reported that upmarket Thai restaurant AaeMango Tree' would close down permanently at the end of the first quarter, as a

direct result of the no alcohol policy introduced at the end of 2011. The absence of wine, beer and spirits with a meal out, has caused

revenues at a number of high-end restaurants which opened with high hopes on the island, located a few hundred metres off the coast

of the Qatari capital Doha, to plummet and has led to significant number of closures.

An analysis by Edward Brookes, Head of Valuation at the Middle East operation of global property services firm DTZ, earlier this

year, concluded that the lifting of the alcohol ban on the Pearl-Qatar would not only revive its residential appeal and dining

economy, but lift the volume of tourists visiting the island.

AoReintroducing alcohol would certainly help the development's appeal for residents, as well as attracting non residents to come and

enjoy the restaurants and hence add to the economic and social activities that help create a thriving [environment],Ao he

observed.

DTZ's Brookes went on to add, that the Pearl-Qatar's reputation was also being undermined by construction delays, along with

significant differences in quality between residential properties in buildings across the master development.

UK celebrity chef Gordon Ramsay opined in January, following the closure of his Maze restaurant on the Pearl after only twenty four

months in business the previous year, that he could not imagine the prohibition of alcohol at the luxury property destination, open to

foreign buyers , "lasting much longer".

He added AoI think the legislation in terms of operating restraints, going out for dinner and not being allowed to have a glass of wine - I

think it's one turn-off for any local [expatriate resident],Ao in quotes published on AaeDoha News'.

Copyright Andy McTiernan. All rights reserved.

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Publication:Andy McTiernan Property & Economy Bulletin
Geographic Code:7QATA
Date:Apr 7, 2013
Words:365
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