[ad_1] VisitEngland’s August Bank Holiday Trip-Tracker survey shows that 8.6 million Brits are definitely planning an overnight holiday trip in the UK this Bank Holiday weekend, bringing an estimated £2.1 billion boost to the economy. The figures are the highest since this survey began in its current form in 2012. …
Read More »Al-Khatib leads transformation in Saudi Arabia Tourism
His excellency Ahmad bin Aqil al-Khatib has been appointed chairman of the Saudi Commission for Tourism & National Heritage. Al-Khatib, who stepped into the role at the start of the year, has been handed the task of promoting Vision 2030, an ambitious scheme to diversify the destination away from oil …
Read More »Saudi Arabia signs partnership with Virgin Hyperloop One
Virgin Hyperloop One has announced a development partnership with the Saudi Arabia’s Economic City Authority. Under the plans the company will conduct a study to build the world’s longest test and certification hyperloop track, as well as a research and development centre and hyperloop manufacturing facility north of Jeddah. The …
Read More »Expo 2020 tours sell out within hours
Seats that will allow the public to view Expo 2020 Dubai’s construction site for the first time as it nears completion, have all been sold-out within hours of being made available. Organisers were inundated by the demand for the tour, which will see fun bus tours depart from across the …
Read More »Tourists able to buy alcohol in Dubai for first time
Tourists visiting Dubai can now purchase their own alcohol for the first time. Visitors may now consume their own drinks after obtaining a 30-day licence issued to them free of cost. Prior to this, tourists visiting Dubai could buy and drink alcohol only in licensed venues such as hotels, restaurants …
Read More »U.S. hotel performance for July 2019: Occupancy up 0.4%, to 73.8%
[ad_1] HENDERSONVILLE, TENNESSEE – The U.S. hotel industry reported positive results in the three key performance metrics during July 2019, according to data from STR. In a year-over-year comparison with July 2018, the industry posted the following: Occupancy: +0.4% to 73.8% Average daily rate (ADR): +0.7% to US$135.04 Revenue per …
Read More »STR, TE forecast further slowing for U.S. hotels
[ad_1] NASHVILLE – Performance growth projections for the U.S. hotel industry have been downgraded to 1.6% for 2019 and 1.1% for 2020, according to STR and Tourism Economics’ latest forecast just released at the 11th annual Hotel Data Conference. The previous version of the U.S. hotel forecast released in June …
Read More »DP World raises capital for further expansion
Nasdaq Dubai has welcomed the listing of a US$1 billion Sukuk, and a US$300 million conventional bond from global trade enabler DP World. Sukuk is the Arabic name for financial certificates, also commonly referred to as “Sharia compliant” bonds. DP World is the largest UAE debt issuer by value on …
Read More »Milan Malpensa to welcome Eva Air in February
With flights scheduled to commence on February 18th next year, Eva Air will begin a four times weekly service from Taipei Taoyuan to Milan Malpensa. The 316-seat 777-300-operated service will become the carrier’s only sector to Italy, and just the fifth destination it flies to in Europe adding to its …
Read More »Which? ranks Trailfinders as best UK tour operator as big players falter
Some of Britain’s biggest travel companies have finished at the bottom of Which?’s annual package holiday provider rankings – performing poorly on criteria including value for money, organisation and quality of reps in their resorts. More than eight million people travel with the oldest and most established holiday providers, Thomas …
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