The European Commission has announced that it has approved an Italian scheme worth €698 million in order to support companies active in the tourism sector which have been affected by the COVID-19 pandemic. Through a statement issued on May 11 by the EU Commission, Executive Vice President in charge of competition policy, Margrethe Vestager stressed that companies active in the tourism sector have seen a significant decline in clients and profits due to the Coronavirus outbreak and restrictive easures in force, SchengenVisaInfo.com reports. “This EUR 698 million Italian scheme will enable Italy to support these companies by helping them meet…
Author: Disha Ghosh
As per a recent market analysis by Future Market Insights (FMI), the global Philippines tourism market is poised to reach a valuation of USD 10.8 Bn in 2022. Sales are projected to increase at a 10.9% CAGR, with the market size reaching USD 30.4 Bn by 2032. The conversion of airport terminals into global gateways has aided the country’s international tourism development, with approximately 95-99% visitors arriving by air. In recent years, the airports in Davao City and Iloilo City have been modernized, allowing direct charter flights from Singapore. Meanwhile, Mactan-Cebu Airport, which has long handled both scheduled and charter…
Emirates and the South African Tourism have signed a Memorandum of Understanding (MoU) to jointly promote tourism and boost visitor arrivals and inbound traffic to South Africa from key markets across the Emirates network. The MoU was signed on the side-lines of Arabian Travel Market by Badr Abbas, Emirates’ Senior Vice President Commercial Operations for Africa, and South Africa Tourism’s Acting CEO Themba Khumalo. Also present at the signing ceremony was Adnan Kazim, Emirates Chief Commercial Officer, Minister of Tourism in South Africa, Lindiwe Sisulu and a senior government delegation from the South African Consulate in Dubai, His Excellency Consul…
Tata Sons announced today that Scoot CEO Campbell Wilson has been appointed the MD and CEO of Air India. Wilson has worked for the Singapore Airlines group for more than 15 years in countries like Japan, Canada, and Hong Kong. He had started off as a Management Trainee with SIA in New Zealand in 1996. Notably, SIA is a partner in Vistara, an airline owned by the Tatas. He then worked for SIA in Canada, Hong Kong, and Japan before returning to Singapore in 2011 as the founding CEO of Scoot — a fully-owned subsidiary of Singapore Airlines, which he…
Tech innovator kitmytrip has revealed their flagship offering, Alike.io, the creator native, no-code, travel commerce platform that offers personal studios for travel content creators to create and publish their content and that shares booking revenue with content authors. Travel content creators are the main source of influence for leisure travel bookings. People love sharing travel content, with 60 per cent of travellers (97 per cent when it comes to millennials) sharing content about their trips on social media. This very content helps others decide where to go, with 86 per cent of prospective travellers showing interest in a location after…
‘Welcome to the World’ has been named the first ever winner of the ATM Draper-Aladdin Startup Competition, which saw a selection of the region’s most innovative travel and tourism start-ups deliver pitches on the ATM Travel Tech Stage for the chance to secure up to USD 500,000. A total of 15 finalists gave presentations in front of Arabian Travel Market (ATM) 2022’s five-strong panel of industry judges, including: Alaa Ismail Al Haija, Founder and CEO of AladdinB2B, SalesMENA and the Draper-Aladdin Startup Competition; Hadi Saeed AlShakhori, Business Incubation Manager at Wa’ed; Walid Tarabih, Founder and CEO of PLATX, and former…
The New Zealand Government has announced further relaxations in border restrictions, allowing all fully vaccinated international travellers, including from India, to travel to Aotearoa from August 1, 2022. The new opening date is two months earlier than the previously announced time frame Fully vaccinated Indian visitors will be able to travel to New Zealand without self-isolation on provision of a negative pre-departure test. Negative Rapid Antigen Tests [RAT] will be required on arrival and on day 5/6. New Zealand had been progressively opening its borders from April, first to Australian visitors and then in May to visitors from visa-waver countries.…
As tourism destinations in the Middle East are widening their appeal and extending their offerings to attract FDI, global ministers of tourism convened at the 2022 Middle East Tourism Investment Summit on the Arabian Travel Market (ATM) Global Stage yesterday to throw the spotlight on access to project finance in the post-COVID-19 era and discuss investment opportunities and challenges for destination tourism in the region. Hosted jointly by ATM and the International Tourism & Investment Conference (ITIC), the summit began with a Ministerial Roundtable with participation from H.E. Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs…
As the post-pandemic recovery of the Middle East’s travel and tourism sector continues apace, industry leaders took to the ATM Global Stage to explore the latest trends and global movements that are steering the sector forward. Flexibility, responsiveness, sustainability and innovation were all highlighted as catalysts for long-term success. Moderated by Eleni Giokos, Anchor and Correspondent at CNN, the opening session’s panelists included Issam Kazim, CEO, Dubai Corporation for Tourism and Commerce Marketing; Scott Livermore, Chief Economist at Oxford Economics; Jochem-Jam Sleiffer, President – Middle East, Africa and Turkey at Hilton; Bilal Kabbani, Industry Head – Travel and Tourism at…
The city of Dubai welcomed 3.97 million international overnight visitors between January and March 2022, up from 1.27 million visitors for the corresponding period last year, representing a massive 214 per cent YoY visitation growth that places the city firmly on track for a momentous year while reaffirming Dubai’s position as the first choice destination for global travellers. Dubai also ranked No.1 globally in hotel occupancy in the first quarter of 2022, with 82%. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, said, “Dubai’s ability to…
