Sunday 10 January 2010

Burj Khalifa: Meeting Space at DH10,000 An Hour

The National carries an article about the cost of renting meeting facilities at the BK.

Some quotes from the article and comments.
  1. High-flying businessmen will be able to host their board meetings on the uppermost floors of the Burj Khalifa when the commercial space opens this year.  AA;  Not sure if "high flying" is intended as a pun - in either of the two senses that occur to AA.
  2. “At the top it’s very small space,” Mr Alabbar said. “So we’re going to lease it out for board meetings, for companies, for workshops, for Louis Vuitton doing their corporate board meeting in Dubai. It is the very top.”  AA:  More puns. "At the top".  This is almost as good as the press coverage of the "world's tallest hotel".  Small and exclusive.  Don't plan a large event it seems.  What sort of "workshops" would be appropriate for this venue?  I'm thinking annual budget setting.  And then perhaps later budget variance analysis.  Pass the canapes, Carl.  
  3. “It would be a marvellous place for a meeting,” he said. “A large international company could have a corporate event and build some publicity around it. It could be a venue for landmark board meetings.”  AA:  A large international company having a small meeting or function it would appear. But no doubt there will be appeal and clients.  Kidding aside, this could be a useful financial tool.  If a company flew in its board to Dubai and rented space for a board meeting for a transaction, it could be a very good sell signal.
  4. “The buildings are not investments on their own, but it adds value to the city itself.”  AA:  One hopes the building owner will enjoy a financial return on his investment unlike say another famous Burj in town.  
  5. The main restriction for the event spaces would be their limited size. They are small because the building tapers as it rises higher.   AA:  Natural of course.  A very tall building has to taper significantly.  With extremely tall buildings the top floors may be pretty much dead space - small and odd shaped.   

2 comments:

hut said...

What a cunning plan: keep it small and exclusive so that those revenue streams don't become too strong up there at the top.

By the way, not all tall buildings taper. The previous record holder, Taiwan's Taipei 101 doesn't. The NYC World Trade Centre towers didn't. But you see what became of them. The slimline Burj is harder to hit - another cunning plan! I take it all back.

Abu 'Arqala said...

Thanks. It's good you're out there to keep me honest.