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Electra Raises $115 Million to Pioneer the World's First Ultra Short Aircraft

Electra Raises $115 Million to Pioneer the World's First Ultra Short Aircraft

Electra.aero, Inc. (Electra) has announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet – roughly 10% of the footprint required for similarly-sized legacy airplanes. The round was led by Prysm Capital, and Jay Park, Co-Founder and Managing Partner at Prysm, has joined Electra's Board of Directors.

The Ritz-Carlton Yacht Collection Debuts New Brand Campaign

The Ritz-Carlton Yacht Collection Debuts New Brand Campaign

The Ritz-Carlton Yacht Collection reaffirms its position as the leader in ultra-luxury yachting experiences with the unveiling of its new global brand campaign, “Unlike the Rest.” This distinguished campaign celebrates the transformative power of travel while inviting discerning travelers to discover a new standard of unparalleled hospitality and bespoke offerings at sea.

MANDARIN ORIENTAL HOTEL GROUP ANNOUNCES RENOVATIONS IN HONG KONG AND BANGKOK

MANDARIN ORIENTAL HOTEL GROUP ANNOUNCES RENOVATIONS IN HONG KONG AND BANGKOK

Mandarin Oriental Hotel Group has long been defined by its dual Asian heritage that is deeply rooted in the Group’s founding flagship hotels: The Mandarin in Hong Kong and The Oriental in Bangkok. The spirit of both hotels has been instrumental in creating the Mandarin Oriental brand, from the pioneering, innovative spirit of Hong Kong since 1963 to the graceful Asian style and service famously delivered by the Thai property over the past 150 years.

IDeaS Announces Spotlight, Delivering a New Edge in Demand Generation for Hotel Marketing

IDeaS Announces Spotlight, Delivering a New Edge in Demand Generation for Hotel Marketing

IDeaS, a SAS company and the world’s leading provider of hospitality revenue management software, today announced the launch of IDeaS Spotlight, a first of its kind demand intelligence solution that empowers marketers to generate the right demand at the right time. Spotlight helps both single properties and portfolios to identify and act on high-value opportunities for deploying impactful, demand-generating marketing tactics informed by advanced analytics and AI. The solution brings IDeaS’ robust demand forecast and price sensitivity capabilities together to help hoteliers allocate marketing spend for the greatest impact on incremental revenue.

Key Opportunities for Middle East Hospitality Market

Key Opportunities for Middle East Hospitality Market

Mabrian’s latest hospitality market report concludes that strengthening mid-range offerings and realigning hotel experiences with global standards, particularly among upscale and luxury accommodation, is essential for boosting competitiveness in Middle East hotel market. The ultimate goal is to foster increased international arrivals and sustainable tourism growth in the region, as well as attracting global hospitality brands and enhancing profitability across hotel segments.

ETIHAD GROWS FOOTPRINT IN AFRICA AS FLIGHTS TO NAIROBI DOUBLE

ETIHAD GROWS FOOTPRINT IN AFRICA AS FLIGHTS TO NAIROBI DOUBLE

Etihad Airways, the national airline of the United Arab Emirates, is significantly expanding its African network with new destinations and increased frequencies, reinforcing its commitment to the continent’s growing demand for air connectivity. Arik De, Etihad’s Chief Revenue and Commercial Officer, commented: “At Etihad, we have long recognised the need to strengthen our presence in Africa. Over the past year, we have been focusing on a holistic approach that enhances our presence by expanding our fleet, increasing frequencies, and forming key partnerships.”

The long-term success of UN Tourism is at stake

The long-term success of UN Tourism is at stake

The election of the next Secretary General of UN Tourism marks a critical turning point for the future of global tourism. There are only two different options: One, is the path of stagnation: a push for an unprecedented third term, despite widespread criticism and growing concern within the global community. It’s a path that has disregarded core United Nations values—including the regional rotation of the role of Secretary-General of UN Tourism.

QANTAS CELEBRATES 90 YEARS OF INTERNATIONAL FLYING

QANTAS CELEBRATES 90 YEARS OF INTERNATIONAL FLYING

Qantas is celebrating 90 years of international flying, marking an incredible milestone in the evolution of the aviation industry and nine decades of connecting Australia with the world. On 17 April 1935, Qantas operated Australia’s first international passenger flight from Brisbane to Singapore, carrying two customers on a DH86 aircraft. The flight took three and a half days with 16 stops along the way.

Anantara Maia Seychelles Villas Partners with WiseOceans

Anantara Maia Seychelles Villas Partners with WiseOceans

Anantara Maia Seychelles Villas has partnered with marine conservation and education specialists WiseOceans to introduce an exclusive Marine Discovery Programme, offering guests a rare opportunity to engage with the vibrant underwater world of Seychelles.

Aeroplan, Canada's leading travel loyalty program, has partnered with Chexy

Aeroplan, Canada's leading travel loyalty program, has partnered with Chexy

Aeroplan, Canada's leading travel loyalty program, has partnered with Chexy, an innovative Canadian-founded, female-led fintech platform, to help members turn payments for essential services like rent, bills and taxes into rewards. Starting today, Aeroplan members across Canada can earn Aeroplan points through Chexy, with Aeroplan credit cardholders earning even more points when paying with their card. (CNW Group/Air Canada) Chexy enables members to use their credit card for large, routine payments typically made via e-transfer or pre-authorized debit or bill payment — helping them earn points, build credit and get more out of expenses that usually go unrewarded. Chexy joins Aeroplan's growing list of world-class retail partners, including Starbucks, Uber, LCBO, and 1,200+ participating Parkland fuel and convenience stores Canada-wide and more.