Travel

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

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,...

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

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

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...

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...

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

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

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

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...

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...

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...

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

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,...

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...

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

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...

Chinese visitors to Dubai have been increasing exponentially over the past year, due in part to the relaxation of visa restrictions and the increasing...