Travel Industry News Page 564
British Airways and American Airlines co-locate operations at newly renovated Terminal 8 at New York
American Airlines and British Airways are ready to welcome customers to the newly renovated Terminal 8 at New York’s John F. Kennedy International Airport.
Bristol Airport strengthens its digital presence with launch of new website
Digital customer experience agency Great State is marking twelve years of strategic digital partnership with Bristol Airport with the launch of their new website, transforming the digital experience for their customers.
SIA and Tata agree to merge Air India and Vistara
Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing INR 20,585 million (S$360 million, US$250 million) in Air India as part of the transaction
Hyatt to acquire Dream Hotel Group’s lifestyle hotel brand and management platform
Hyatt Hotel Corporation (NYSE: H) and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels brands, with properties in some of the world’s most prominent hotel markets across the Americas, Europe and Asia.
Manchester Airport partners with HyNet to secure direct supply of hydrogen fuel for its airline part
Manchester Airport has unveiled plans to become the first UK airport with a direct supply of low carbon hydrogen fuel, announcing a partnership with HyNet – one of the UK’s leading Government-backed industrial decarbonisation projects.
Saudi Arabia’s PIF announces establishment of Aseer Investment Company
Saudi Arabia’s Public Investment Fund announced on Thursday the establishment of the Aseer Investment Company (AIC) to operate as its investment arm in the Aseer region of Saudi Arabia.
BMOTIA signs MOU with Saudi Arabia’s Ministry of Tourism
The Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) has today concluded a successful week at the World Travel and Tourism (WTTC) Global Summit in in Riyadh, Saudi Arabia where they have signed a Memorandum of Understanding on Cooperation in the field of tourism between the two destinations, The Bahamas and Saudi Arabia.
TRAVELERS’ DEMAND FOR EXPERIENCES REQUIRES INDUSTRY RETHINK
A shift away from the purchase of goods toward investment in authentic, local experiences has gained momentum over the last few years - and that has important implications for the travel industry.
Thailand aiming for 80% of pre-pandemic tourism revenue within 2023
Mr. Yuthasak Supasorn, Governor of the Tourism Authority of Thailand (TAT), shared Thailand’s plan to achieve 10 million international visitor arrivals in 2022, while speaking at the 22nd World Travel and Tourism Council (WTTC) Global Summit in Riyadh, Saudi Arabia.
Rwanda announced as next WTTC Global Summit host
During the closing session of the World Travel & Tourism Council’s (WTTC) Global Summit in Riyadh, the Rwandan capital of Kigali, was announced as the host city for 2023, marking the first time the event will visit Africa.
Cirium and Ski Solutions have released data showing demand is back to pre pandemic levels
This December scheduled departures from the UK are projected to hit 83% of December 2019 levels, as the industry continues to see strong winter demand. Flights from UK airports are also up 35% compared to December 2021, with over 65,000 planned departures during this month.
Sustainability ‘superpower’ Saudi Arabia to lead clean energy revolution
Saudi Arabia can become a solar energy “superpower” that drives a global sustainability revolution and accelerates the world’s renewable energy transition, tourism leaders heard today.