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NEW REPORT REVEALS CHANGING FACE OF LUXURY TRAVEL IN ASIA PACIFIC

NEW REPORT REVEALS CHANGING FACE OF LUXURY TRAVEL IN ASIA PACIFIC

As the Asia Pacific region continues to be the growth engine for luxury travel, a new comprehensive report from the Luxury Group by Marriott International has identified new expectations and travel preferences among high-net-worth (HNW) travelers in Asia Pacific.

Spirit AeroSystems Announces Acquisition by Boeing in $8.3 Billion Transaction

Spirit AeroSystems Announces Acquisition by Boeing in $8.3 Billion Transaction

Spirit AeroSystems today announced it has entered into a definitive merger agreement under which The Boeing Company will acquire Spirit for $37.25 per share in Boeing common stock (subject to the collar described below). At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approximately $8.3 billion including Spirit's last reported net debt.

South Korea’s Travel & Tourism Sector Set to Reach New Heights in 2024

South Korea’s Travel & Tourism Sector Set to Reach New Heights in 2024

The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) predicts a remarkable year for Travel & Tourism in South Korea, with significant growth in its economic contribution, employment, and visitor spending. According to the latest data, the sector's contribution to the national economy is expected to reach a record ₩96.2TN this year, representing a 13.6% year-on-year increase. This contribution underscores the sector's crucial role, accounting for 4.3% of the nation's economy.

Celebrating Excellence: World Travel Awards Caribbean & The Americas Ceremony is almost here

Celebrating Excellence: World Travel Awards Caribbean & The Americas Ceremony is almost here

In the heart of the Caribbean, anticipation is building for the prestigious World Travel Awards Caribbean & The Americas Ceremony, scheduled for July 1st at the luxurious Sandals St Vincent and the Grenadines resort. This eagerly awaited event promises to be a dazzling celebration of excellence in the tourism and hospitality industries, set against the backdrop of one of the region's newest and most stunning destinations.

Celebrating oneworld airlines’ success at Skytrax Awards

Celebrating oneworld airlines’ success at Skytrax Awards

oneworld® alliance airlines scooped 40 top awards at the 2024 World Airline Awards this week. The awards were announced at a gala ceremony near London’s Heathrow Airport before an audience of specially invited guests from airlines around the world.

EUROPA VILLAGE, Hosts Annual Great Taste of Europa Wine & Food Festival

EUROPA VILLAGE, Hosts Annual Great Taste of Europa Wine & Food Festival

Nestled amongst 45 acres of rolling hills within Southern California's Temecula Valley Wine Country, Europa Village Wineries & Resort is set to host its third annual Great Taste of Europa Wine & Food Festival on Sunday, September 15, 2024. From 11 am to 4 pm, event goers are invited to delight in diverse flavors, discover new wines, and enjoy a variety of live entertainment throughout the afternoon.

New Partnership Between Wego and MADRID TURISMO by IFEMA Madrid

New Partnership Between Wego and MADRID TURISMO by IFEMA Madrid

Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), is delighted to announce a groundbreaking partnership with MADRID TURISMO by IFEMA Madrid as part of their "Only in Madrid" campaign. This initiative aims to boost awareness about the vibrant culture and unique attractions of Madrid, inviting travelers from the GCC to explore the Spanish capital like never before.