Vail Resorts has entered into a merger agreement to acquire 100 per cent of the outstanding stock of Peak Resorts. At a purchase price of $11 per share, the deal is valued at roughly $264 million. The purchase remains subject to certain conditions, including regulatory review and Peak Resorts’ shareholder …
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The Red Sea Development Company has awarded a contract for the construction of a residential village for workers at the destination. After a competitive tender, the contract was awarded in two parts to an ARCCO-Speedhouse joint venture based in the UAE and to Saudi company Al Majal Al Arabi Group. …
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Wizz Air will launch a new service between Doncaster Sheffield Airport and Chișinău, the capital city of Moldova. Flights will begin on December 20th and will operate on Mondays and Fridays. The new route will be the first to connect the south Yorkshire region with Moldova. Today’s announcement means that …
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The Croatian National Tourist Board has announced a six per cent increase in visitor arrivals for the first half of the year. June itself saw a ten percent increase in arrivals and an eight percent increase in overnight stays when compared to June 2018. According to data from eVisitor (which …
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The sun begins to disappear below the horizon off the coast of Malta. Waves crash against the shore and slowly disappear into the night. Yellow glistening lanterns reflect off sand splashed walls expressing only the quiet beauty of Saint Julien’s Bay. This is Malta—one of my favorite destinations in all …
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August 2019: Going on holiday is the perfect time to switch off from work and tech. However, a new survey from TravelSim has shown that the UK spends more than half an hour each day using tech for work while on holiday and over a third of people say they …
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The absence of the now-defunct Mexican Tourism Board, which was dissolved at the end of 2018 after President Andrés Manuel López Obrador took office, has been the cause of much concern among those involved in Mexico’s tourism industry. NITU.mx recently spoke with Richard Zarkin, Public Relations Manager of the Riviera …
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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. The …
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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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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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