Tag: investments
Second largest airport in the world about to open
The new Beijing Daxing International Airport completed its first test flights of passenger planes in May 2019. The airport's construction is expected to be completed on June 30 and flight ... Read More
‘Super Power’ artwork on display at Heathrow Airport
A canopy of brightly coloured umbrellas has appeared at Heathrow as part of an initiative to raise awareness of neuro-developmental disorders, including Attention Deficit Hyperactivity Disorder (ADHD), autism, Dyslexia, Dyscalculia ... Read More
U.S. DOT launches Port Infrastructure Development Program
The U.S. Department of Transportation (DOT) today announced a Notice of Funding Opportunity (NOFO) to apply for $292.7 million in discretionary grant funding through the new Port Infrastructure Development Program. ... Read More
Etihad Airways and Swae to launch artificial intelligence-powered crowd-sourcing platform
Etihad Airways (Etihad), the national airline of the UAE, and Swae, a startup based in Vancouver, have partnered to launch iFikra, an artificial intelligence-powered platform aimed at unlocking the full ... Read More
Holiday Inn Hotel to open near Moscow Domodedovo Airport
Minister of Investments and Innovations in Moscow region Michael An, Director of Moscow Domodedovo Airport Igor Borisov, and MC Sobor Development Company representative Julia Lukyanchuk have signed an agreement to ... Read More
Choice Hotels corporate travel focus
Choice Hotels International, Inc. will launch a new nationwide advertising campaign June 17 that reinforces its commitment to welcoming both business and leisure travelers. "We're proud of our history as ... Read More
Next Story Group appoints Patrick Imbardelli as its Chairman
Next Story Group, International hospitality company, has appointed Patrick Imbardelli, as Chairman of its Board with immediate effect. Prior to this appointment, Patrick was a non-executive Director and Advisor to ... Read More
United Airlines: Most eco-friendly commercial flight
United Airlines made history today – World Environment Day – with the departure of the Flight for the Planet, the most eco-friendly commercial flight of its kind in the history ... Read More
$840 million in DOT infrastructure grants to 381 US airports announced
U.S. Department of Transportation Secretary Elaine L. Chao today announced that the Federal Aviation Administration (FAA) will award $840 million in airport infrastructure grants, the first allotment of the total ... Read More
Timbers Resorts appoints Sean McLaughlin chief financial officer
Timbers Resorts, the leading developer and operator of luxury boutique properties around the globe, announces today the appointment of esteemed finance and strategy professional, Sean McLaughlin, as the company's new ... Read More
Four Seasons Hotels and Resorts to restore Cartagena’s architectural gems
Four Seasons Hotels and Resorts, and San Francisco Investments, a subsidiary of Valorem, a business group with ownership of Colombia's leading players in media, entertainment, retail and renewable resources, announce ... Read More
Cambria Hotels: Break openings record
The Cambria Hotels brand, franchised by Choice Hotels International, is on pace to surpass 50 hotels open in top-tier markets this year by opening more than a dozen upscale properties ... Read More
FAA resumes its Contract Tower Program
The Federal Aviation Administration (FAA) today resumed accepting applications to the FAA Contract Tower (FCT) program, as called for under the FAA Reauthorization Act of 2018. Contract towers are air ... Read More
Ambassador Mangu creates synergies between Rwandan and Tanzanian tourism players
Tanzanian ambassador to Rwanda, Ernest Mangu, is engaging tour operators from both countries to create synergies, in his latest efforts to pursue an economic diplomacy. The scope of economic diplomacy ... Read More
Fraport AGM: Well Positioned for the Future, Nationally and Internationally
Fraport AG's executive board chairman, Dr. Stefan Schulte, struck a positive note at the company's Annual General Meeting (AGM) today: "We can look back on a very successful 2018. Supported ... Read More
AfCFTA: World’s largest free trade zone launches in Africa this week
The African Continental Free Trade Area (AfCFTA) will come into force on Thursday. It will be the largest free trade agreement by population that the world has seen since the ... Read More
Canada explores new ways to reduce transportation pollution
Clean growth is essential for Canada's transportation system – to meet our emission reduction targets, grow our economy, and build resilience to a changing climate. The Government of Canada is ... Read More
Bold action by London Heathrow to reduce vehicle emissions
London Heathrow has announced it is getting ready to introduce a set of tough new measures to protect local air quality, reduce congestion and tackle emissions, as the airport continues ... Read More
Embraer Praetor 600 now triple-certified by EASA and FAA
Embraer announced today that the company's new Praetor 600 super-midsize business jet was granted its Type Certificate by EASA (European Union Aviation Safety Agency) and by the FAA (Federal Aviation ... Read More
Airbnb joins the European Travel Commission to promote healthy tourism
Airbnb, the global community-driven end-to-end travel platform, has joined the European Travel Commission (ETC) as an Associate Member to support Europe as a travel destination and promote healthy tourism - ... Read More
Kazakh flag carrier Air Astana celebrates seventeenth anniversary
Over the past 17 years, Air Astana has grown to become Central Asia’s leading carrier, with a reputation for the highest standards of safety, service excellence, innovation and a modern ... Read More
US Transportation Secretary announces $779 million in funding for airport infrastructure
US Transportation Secretary Elaine L. Chao today announced the intent to award $779 million in supplemental funding for infrastructure grants to 127 airports in all 50 states and Puerto Rico. ... Read More
The year of the airports: Travel to the hubs of the future
The year 2019 will be remembered as the year of the inaugurations of large and small strategic airports to satisfy an air demand that by 2035 will touch - according ... Read More
ATTES: Changing the Face of Africa together with the African Tourism Board
The African Tourism Board is planning to partner with Africa’s Trade, Transport and Energy Summit (ATTES) to make sure travel and tourism are not overlooked by the largest summit ever held in Africa. ... Read More
Why Bulgaria Tourism Minister is hosting Investing in Tourism Conference
The Minister of Tourism of Bulgaria, the Hon. Mrs. Nikolina Angelkova is getting ready to host Investing in Tourism on May 30-31 in her country. The minister outlines her vision to attract ... Read More
Armed opposers of Chinese investments in Pakistan stormed five star hotel
Three gunmen have stormed the five-star hotel Pearl-Continental Hotel Gwadain un the Pakistani province of Balochistan, killing at least one person, officials say. A hotel spokesman said there were not many ... Read More
European Tourism: Positive start to 2019, but challenges lie ahead
According to the European Travel Commission's latest quarterly report, "European Tourism - Trends & Prospects 2019", Europe kicked off 2019 on a positive note following an impressive 6% growth in ... Read More
Mauritius Minister of Tourism on the China Challenge
Anil Gayan, Minister of Tourism on Wednesday, delivered this speech on what he called the “China challenge.” It was during a brainstorming session held last month held at Hennessy Park ... Read More
Jamaica’s Tourism Minister charges CHICOS to encourage investment in experiences
Jamaica's Minister of Tourism, Hon. Edmund Bartlett says for the Caribbean Hotel Investment Conference and Operations Summit (CHICOS) to be truly relevant to the region it must look beyond investments ... Read More
Investing in Tourism Sustainability Conference: Dr. Taleb Rifai Chair
The inaugural Investing in Tourism Sustainability Conference will open in Sunny Beach, Bulgaria Ma 30-31. It will focus on investment in tourism in Bulgaria and Southeast Europe. The Tourism Sustainability Conference will ... Read More
Tanzanian media mogul and philanthropist passes away
Tanzanian billionaire, philanthropist and media mogul, Reginald Mengi, has passed away Wednesday night in Dubai, United Arab Emirates. Aged 75, Mengi was the leading local investor in media industry, owning ... Read More
FAA 2019 aerospace forecast
The FAA forecasts U.S. airline enplanements (passengers) will increase from 743.9 million in 2017 to 780.8 million in 2018, a 5.0 percent increase. All safety, efficiency and economic indicators show ... Read More
Hotel room boom sparks investments
Jamaica is being prepared for a boom in hotel rooms over the next five years. It is expected that 12,000 new rooms will be added to existing room stock over ... Read More
India Tourism: Fore! on the golf course
During a presentation by the Ministry of Tourism at the Indian golf & Turf Expo (IGTE), Mr. Venkatesan Dhattareyan, Deputy Director General at Incredible India, Ministry of Tourism, India, greatly ... Read More
Personalize and remove friction for customers, Gulf travel companies told
Gulf-based travel and hospitality companies that use disruptive technologies to boost personalization and remove friction for customers are likely to become future market leaders, according to experts speaking at Arabian ... Read More
3rd edition of the “Days of Latvia” opens in Italy
The 3rd edition of the "Days of Latvia" was launched in Rome, in the presence of the Baltic State President, Raimonds Vejonis. The promotional event for the trade interchange between ... Read More