News

The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, today announced its latest Economic Impact Research which found that the U.S. is on track to lose a staggering $12.5BN in international visitor spending this year. Notably, international visitor spending to the U.S. is projected to fall to […]

Etihad Airways, the national airline of the United Arab Emirates, has released its traffic statistics for April 2025, demonstrating continued strong growth and performance. The airline welcomed 1.7 million guests during the month, up 21% compared to the same period last year, as Etihad’s upward trajectory continued

Turkish Airlines, a leading global airline, has mandated the first financing structure to use the Sompo AXIS Aviation Finance Insurance (SAAFI), Aviation Non-Payment Insurance (ANPI) product. This transaction, sealed at a signing ceremony in Tokyo, Japan, marks a significant milestone in aviation financing insurance as it is the first time SAAFI has been mandated following

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,300 hotels spanning more than 95 countries, has entered into an exclusive development agreement with Le Park Concord Company to launch its iconic Super 8® by Wyndham brand in the Kingdom of Saudi Arabia. With plans to open 100 hotels over the next

Sabre Corporation, a leading software and technology provider that powers the global travel industry, has signed a global distribution agreement with Riyadh Air, the newly established Saudi Arabian national carrier. This strategic partnership positions Sabre as the first global distribution partner to collaborate with Riyadh Air, building on an already strong IT partnership and further

In partnership with WATANIAH Business Group, SOPHOS Hotels SA, one of the leading Third-party hotel operator, is set to manage a Le Meridien, one of Marriott International’s premium brands, in Tabuk. Marking a significant milestone in the Kingdom’s evolving hospitality landscape. Sophos have signed this agreement to operate a property that is strategically located at

In a strategic move to bring soulful, modern living to the forefront of Jeddah’s urban landscape, Baraka for Real Estate Development and Investment Company Ltd has signed a milestone agreement with global lifestyle hospitality operator Kerten Hospitality to launch The House Residence Al Salam District in Jeddah. The announcement was made earlier today during the

“The signing of The St. Regis Jeddah reflects our commitment to expand our portfolio of brands and experiences in the Kingdom,” said Karim Cheltout, Senior Vice President, Development, Middle East & Africa. “Jeddah continues to be an important business and leisure destination in the region, and a gateway to Makkah and Medina. We look forward

Harry Theoharis, a prominent figure in Greek politics and international tourism, has carved out a distinguished career marked by his deep commitment to public service and transformative leadership. Currently serving as a Member of the Hellenic Parliament, Theoharis has held key ministerial roles, including Minister of Tourism and Deputy Minister of Finance in Greece. His

Choice Hotels International, Inc, one of the world’s largest lodging franchisors, is proud to announce the release of its 2024 Sustainability Report. “At Choice Hotels, we are dedicated to building a better tomorrow, today, by integrating sustainable practices across our business,” said Megan Brumagim, Vice President, Upscale Brands and Chief Sustainability Officer for Choice Hotels