The overall outlook for the Middle East hotels sector remains positive, with the Gulf hospitality sector leading the charge and predicted to grow to $32.5 billion by 2022, this according to Alpen Capital’s latest report.

Among the GCC countries, analysts said that the UAE continue to show the highest growth potential with the upcoming Expo 2020 expected to welcome an international audience of 25 million visitors.

Amid the positive market sentiments, Media Fusion today announced the holding"...

DUBAI — The overall outlook for the Middle East hotels sector remains positive, with the Gulf hospitality sector leading the charge and predicted to grow to $32.5 billion by 2022, this according to Alpen Capital’s latest report. Among the GCC countries, analysts said that the UAE continue to show the highest growth potential with the upcoming Expo 2020 expected to welcome an international audience of 25 million visitors.

Amid the positive market sentiments, Media Fusion Monday announced the holding"...

Seera Group, the Middle East region’s leading provider of travel and tourism services, today unveiled the kingdom’s first-of-its-kind integrated destination management company, under the brand name, ‘Discover Saudi,’ at the World Travel Market (WTM) in London.

Set to catalyse international inbound tourism as well as domestic tourism, Discover"...

Armenia, Eritrea, South Korea, Finland and Kazakhstan are all tipped to be the next hot ‘epic travel’ destinations for 2020, according to travel experts in this rapidly evolving travel niche.

Epic travel is defined as a new segment in travel for high net-worth individuals with a desire to push the boundaries and have unique experiences. They want more than"...

China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for £11 million (Dh52.3m), in a bid to expand its presence in the tourism business.

The assets include trademarks, domain names, software applications and licences of the British travel firm and related hotel brands, Hong Kong-listed Fosun said, adding that it did not plan to buy overseas assets or businesses related to Thomas Cook for"...

Indian regulators have opened antitrust investigations into hotel-booking giant MakeMyTrip and SoftBank-backed startup Oyo, officials said Wednesday.

The probes are the latest blow to Japan's SoftBank, a major backer of startups that is already facing questions over the profitability of its investments in US-based ride-hailing platform Uber and office-sharing firm"...

MEBAA Founding & Executive Chairman Ali Ahmed Alnaqbi has been elected as the Chairman of International Business Aviation Council (IBAC) governing board.

At a recent meeting of the IBAC board in Las Vegas, Alnaqbi, currrently the Vice Chairman, was chosen as Chairman. He will hold this position for a period of three years effective January 1, 2020.

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A delegation from North Caucasus Federal District of Russian Federation visits the United Arab Emirates on first business mission, taking place from 18th till 22nd of October 2019, with the goal of presenting the investment opportunities in local tourism sector to UAE business community. The mission is organized and headed by Visit Caucasus Foundation on behalf of HE Odes Baysultanov, the First Deputy Minister of North Caucasus Affairs of Russian Federation.

A"...

Hyatt Hotels Corporation has announced the official opening of Hyatt Place Dubai Jumeirah, the fourth Hyatt-branded select service property in Dubai, UAE.

The new hotel joins Hyatt Place Dubai Al Rigga, Hyatt Place Dubai Baniyas Square and Hyatt Place Dubai Wasl District, all of which are intended to cater to the UAE’s increasing mid-market hotel segment.

Gulfstream, the US manufacturer of luxury jets, unveiled the world's largest private plane — a challenge to rival Bombardier's Global G7500 jet in a market struggling with weak demand as companies cut costs.

The long-awaited G700 new business jet, powered by Rolls-Royce Pearl 700 engines, will be delivered to the first customers in 2022, Gulfstream said in a statement on Monday.

The"...