Articles tagged “abu dhabi”

If ChatGPT drives gains for Saudi's largest travel player, companies worldwide will take note. Plus, this week's news from Red Sea Global, Oyo, Musafir, and other regional companies.

Spain-based hotel group Melia has been looking for partners to grow, and it may have found one in the Abu Dhabi Investment Authority.

The buzz around the ongoing Arabian Travel Market in Dubai offers a glimpse into the thriving tourism industry in the region. Tourism in the Middle East is set to grow in coming years.

Destinations in the Middle East understand that to realize their very ambitious tourism goals, they need to create enough infrastructure. Little wonder then that Saudi Arabia is now racing ahead of United Arab Emirates to build more hotel rooms.

A growing middle class with high disposable income as well as the big fat wedding industry are fueling the Indian luxury hotels market.

A partnership with Trip.com could help Saudi Arabia make inroads into the China market. Saudi hopes to draw 3.9 million Chinese visitors per year by 2030.

Given the lackluster performance of several recent public market debuts in India and volatile market conditions, the Oyo IPO size coming down might be a strategic decision.

In its effort to position itself as a destination for large-scale events and conferences, Abu Dhabi has been investing in world-class venues. And now it's incentivizing event planners even more by scrapping a 10 percent tax.

Besides inking big ticket deals to accelerate the pace of different projects, Indian Railways now wants to satisfy the aspirations and demands of the modern commuter.

The sheer number of hotel openings in the region indicates that the Middle East is making sure that it has enough capacity to accommodate the growing number of tourists.