Author Archives: Meeta Agarwal

33 dead, 6.51 million affected as Typhoon Lekima hit East China

Typhoon Lekima slammed East China leaving 33 dead and affecting the lives of about 6.51 million people. The typhoon had made landfall on Saturday in the eastern province of Zhejiang with winds of up to 187kph.       Thousands …

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$176 million upgrade of Cairns Convention Centre announced

Queensland Government has announced U.S. Dollars 176 million upgrade of the award-winning Cairns Convention Centre. Harvey Lister, AEG Ogden Chairman and CEO said that the Government’s investment would deliver significant economic benefits to the Cairns economy over the next decade …

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Hotel prices in Europe drop in August 2019, Madrid sees steepest fall; tHPI

The hotel prices in August 2019, across most of the European capitals decreased as per trivago Hotel Price Index (tHPI). Madrid recorded the highest drop of 12 per cent in comparison to the last month. Istanbul registered the sharpest increase …

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Air Arabia Q2 net profit jumps 75 percent to $57 million

Air Arabia recorded a net profit of U.S. Dollars 57.1 million (Dh210 million) in the second quarter of the year, which is a 75 per cent increase compared to the corresponding 2018 figure of U.S. Dollars 32.6 million (Dh120 million). …

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TCEB gets largest ever Chinese convention to Thailand

Thailand Convention and Exhibition Bureau (TCEB), is supporting the hosting of the 2019 International Dragon Award (IDA) Annual Congress, from 10 to 13 August 2019, at IMPACT Muang Thong Thani. The event is expected to be attended by 7,500 international …

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Fraport Group revenue and earnings grew in the first half 2019

The Fraport Group achieved growth in both revenue and earnings during the first half of fiscal 2019 (ending June 30). The Group’s  revenue increased by 5.2 percent to €1,513.9 million, after adjusting for revenue in connection with capital expenditures made …

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$11.6 billion tourism projects underway in Saudi Arabia

Saudi Arabia has U.S. Dollars 11.6 billion worth tourism projects in the pipeline as the kingdom seeks to draw more international and Gulf Cooperation Council (GCC) tourists as per a report by Orient Planet Research. In order to meet the …

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Tourism receipts was $6.5b in Q1 as per Singapore Tourism Board

Tourism receipts dipped 4.8 per cent YoY to U.S. Dollars 6.5 billion in Q1 as per a report by the Singapore Tourism Board (STB). However, international visitor arrivals rose over the same period. STB noted that international visitor arrivals (IVA) …

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Hotelbeds appoints León Herce as Global Sales Director

Hotelbeds, the world’s leading bedbank appoints León Herce as Global Sales Director. It is a newly created role leading the sales of Hotelbeds’ full portfolio of products including accommodation, transfers, car hire, tickets and excursions via the wholesale, retail travel …

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Hundreds of passengers stranded as Qantas cancelled 4 Melbourne-LA flights

Hundreds of passengers were left stranded in Australia and the U.S. after Qantas cancelled 4 consecutive Melbourne-LA flights. The airline cited several separate mechanical problems as the cause. Quantas said in a statement that the LAX to Melbourne flight was …

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