A former Minister of Tourism of the Bahamas, Minister Wilchcombe was serving as Minister of Social Services, Information and Broadcasting, and Leader of Government Business in the House of Assembly at the time of his passing.
UAE capital Abu Dhabi is now ahead of pre-pandemic hospitality and tourism levels. June 2023 YTD, Abu Dhabi had an average occupancy of 70 percent, ADRs of AED425 and RevPAR at AED298.
Rhodes, a popular holiday spot to see that life is getting back to normal and the island is very much open for business as locals bounce back after the devastation.
Carnival Corp (CCL.N) shares are up 120% year to date, while shares of Royal Caribbean Cruises have more than doubled and Norwegian Cruise Line Holdings (NCLH.N) shares have gained 72%.
The average hotel price in European countries has seen a significant surge in recent times, while Airbnb is offering more economic options for travelers. Why?
In April, 75.5% of surveyed hotel operators said they face shortages of regular employees while 78% said they lack part-time and other nonregular workers, according to the survey, which covered about 100 companies.
Accor forecast 2023 revenue per room (RevPAR) to grow by 15% to 20% amid reorganisation plans implemented in January, and expects core earnings before interests, taxes, depreciation and amortisation (EBITDA) of 920-960 million euros.
British Airways Holidays, one of the United Kingdom’s major tour operators, gave 2022 Customer Excellence Awards to six RIU Hotels & Resorts located in Dubai, Maldives, the United States and Spain.
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