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Laurie Chester

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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