Taxify has propelled its valuation which touches to $1 Billion.     This European ride-hailing company Taxify after raising funds from a group of investors led by Germany’s Daimler AG increased its share. The company also secured $175 million from …

Waterpark attendance for the very first time has topped the 30 million mark in terms of visitor arrivals among the world’s leading 20, with strong performance in a few of the best waterparks of Europe as per the TEA/AECOM Theme …

Between 15th and 17th May, innovation in travel technology gained prominent attention at Phocuswright Europe.   The event witnessed the participation of over 600 attendees from 39 countries that had conglomerated to hear keynotes, interviews and roundtables featuring executives from …

Southeastern Europe’s top rated destination, Albania will ban heavy vehicles on major roads to and from tourist destinations during weekends starting from June 15 to Sept. 15.     The decision was made jointly by the Albanian Interior Ministry and …

UK-based Assest management company Schroders has attained European hotel investment and management group Algonquin to increase in Schroders’ portfolio of assets and alternative businesses.     Schroders has taken over Algonquin’s $2.2 billion worth of assets under management and various …

Mövenpick Holding today announced that it has agreed, together with its partner Kingdom Holding, to sell Mövenpick Hotels & Resorts to AccorHotels.   Mövenpick Hotels & Resorts, one of the world’s most reputable upscale hotel management companies, was established in …

The Irish trade companies have joined Fáilte Ireland at M&I Europe in Portugal this week, to promote Ireland as a destination for corporate meetings and incentives.     The 18 MICE (Meeting, Incentive, Conference and Corporate Events) trade partners, alongside …

AmaWaterways offering the riverboat holidays in Europe, Asia & Africa is expanding its business with the introduction of new AmaMagna in May 2019.     It will set along the Danube River boats a revolutionary double-width design.     AmaWaterways …

US President Donald Trump’s imposition of tariffs on China and the restriction of travel from centrain countries are helping to fuel up the sharp decline of international tourism and business visits to the U.S.     Roger Dow, president of …

The year 2017 was a record year for European hotel investment as transaction volumes reached a record high of €21.6 billion.     The foremost global real estate advisor, CBRE said that it represent a 16% increase year-on-year, on the …