Marriott International has signed an agreement to open a St. Regis in the new administrative capital of Egypt, just outside of Cairo.From the second quarter of this year, the St. Regis Almasa is expected to occupy an existing luxury hotel…
Manchester Airport has marked the official opening of its brand-new private terminal, PremiAir.During the event, local business representatives, other stakeholders and VIP guests were among the invitees who were able to see the innovative product and get a feel for…
Air Astana has recorded a net profit for 2019 of US$30 million, up from US$5.3 million in the previous year.The flag-carrier of Kazakhstan carried five million passengers last year, an increase of 17 per cent over 2018, with total airline…
South African Airways has been offered R.3.5 billion (US$239 million) from the state-owned Development Bank of Southern Africa in order to avoid financial collapse.The business-rescue team will immediately draw down two billion rand from the facility, the company said in…
The word ‘overtourism’ was considered one of the words of the year by the Oxford English Dictionary in 2018. In recent years, overtourism has been recurring in the world’s most popular destinations, warning of the consequences of mass tourism while…
Wex has entered into an agreement to purchase eNett, a provider of business-to-business payments solutions to the travel industry.In a separate deal, the financial technology service provider signed to acquire Optal, a company that specialises in optimising business-to-business transactions.The deal…
Boeing reported revenue of $76.6 billion for financial 2019, down 24 per cent from the $101 billion reported last year.Net losses for the year totalled $636 million, down from a profit of £10.4 billion in 2019.It is the first loss…
Azura Retreats has announced its newest opening, Peri-Peri Beach Club.Located on the beautiful island of Benguerra in Mozambique, which celebrates 45 years of independence in 2020, and approximately one kilometre away from Azura Benguerra Island, guests at the beach club…
easyJet has announced the renewal of its long-standing content partnership with Travelport.Following the signing, travel agencies around the world will continue to benefit from real-time access to easyJet’s range of fares through the company’s market-leading technology platform, Travelport Smartpoint.Thomas Haagensen,…
Fitness First has now opened the doors at its newest club in Nakheel Mall, Palm Jumeirah.Spanning 1,652 square metres, the facility is centred around five brand new Fitness First concepts – including Kube, Box, Spin, Hot Studio and GX Studio.“With…
