Hospitality

Hospitality

Hospitality is a section of Travel on investvine.com

1064
As its population and development increase, China will soon overtake Japan as the world’s largest consumer of luxury goods.  This year’s World Luxury Association’s...

937
IFA Hotels and Resorts, based in Kuwait, joined American companies Atrium Holding Company and Centerbridge Partners to purchase the Yotel Hotel in New York...

1084
Dubai has come in sixth on MasterCard’s first ever list of Global Destination Cities.  The list was compiled by analyzing arrival and departure information,...

1012
In an effort to improve security and facilities in the region, airports around the Gulf Coast will be spending up to $90 billion in...

969
The government of Ras Al Khaimah, an Emirate in the UAE, has set itself a goal of increasing their tourism base by fourfold by...

1770
Since the planned leisure/entertainment resort Dubailand stalled at the onset of the global financial crisis, many in the UAE hoped the Disney Corporation would...

1214
The cut throat Asian low-cost airline industry is getting more competition from a new venture by Singapore Airlines to lure international travelers on medium...

1271
Despite rising fuel costs which led to a decrease in overall profits in the first quarter of 2011, revenue is up for Air Asia. ...

907
To avoid the recent common plagues of financial overextension now quite common in European Championship play, UEFA has announced a “financial fairness” rule to...

1203
Troubled airline Mandala, grounded due to financial reasons since January, will get an influx of cash and experience from a partnership between Saratoga Capital...

892
Three major hoteliers have signed deals with Saudi Arabia’s Jabal Omar Development Company to operate new hotels in Makkah. JODC plans to open up...

996
According to Citibank’s chief economist for the Middle East, Qatar is unlikely to reap any economic benefit from hosting the 2022 World Cup.  After...

1011
The UAE’s 1.4 million Indian ex-pats now have an additional option for travel to their home country. Flydubai, Dubai’s low-cost carrier, has announced the...

905
A small Chinese village, considered the richest in the country, is testing the idea of air tourism as a revenue generator for the village. ...

1171
Qatar’s sovereign property developer, Qatari Diar, will finalize the purchase of the famous Singapore establishment Raffles Hotel. Joseph Conrad, Rudyard Kipling, W. Somerset Maugham,...

1199
Workers at Singapore’s Changi airport are celebrating a record 25th win as the continent’s best airport.  The Asian Freight and Supply Chain Awards were...

1138
Keeping in tune of their latest expansion ventures, it appears Qatar Airways is interested in acquiring a stake in Cargolux, the largest cargo carrier...

1185
Qatar or Jeddah, Saudi Arabia might soon be the recipients of a new Fairmont Raffles hotel complex.  The Qatari monarchy has invested US$877million in...