Articles tagged “dubai”

Airlines

Saudi Arabia Will Pay Airlines Incentives to Connect Kingdom to Global Cities

Saudi Arabia's latest move to offer financial subsidy to carriers to connect its lesser-known destinations to global cities definitely speaks volumes about its intent to woo 100 million tourists a year by 2030.

Peden Doma Bhutia | 2 weeks ago
Saudi Arabia Will Pay Airlines Incentives to Connect Kingdom to Global Cities

Hotels

Resort Owners Watch Dubai for Ban on Gambling to Be Lifted

Gambling is currently banned in the UAE. However, as the oil-dependent economies in the Middle East pivot towards tourism, speculation is rife that gambling in some form may be permitted in the country. Will casinos hit the Dubai jackpot?

Lisa Barrington and Farah Master, Reuters | 2 months ago
Resort Owners Watch Dubai for Ban on Gambling to Be Lifted

Tourism

Sri Lanka’s Renewed Tourism Hopes Crushed by Doubts in Biggest Source Market

Sri Lanka’s biggest inbound market — India — is turning towards alternative destinations. The current Sri Lankan political turmoil threatens to cripple the tourism industry, which is worth more than $3.6 billion to the country and is the third largest foreign exchange earner.

Peden Doma Bhutia | 3 months ago
Sri Lanka’s Renewed Tourism Hopes Crushed by Doubts in Biggest Source Market

Airlines

Emirates President Forecasts Return to Profit in 2023

The airline has been cash-positive since October and Tim Clark thinks he's "swung it." It's a precarious statement to make in the face of rising fuel costs and the ongoing war in Ukraine.

Yousef Saba, Reuters | 3 months ago
Emirates President Forecasts Return to Profit in 2023

Tourism

Daily Podcast: Where Russians Are Fleeing To

Good morning from Skift. It's Tuesday, March 15, in New York City. Here's what you need to know about the business of travel today.

Rashaad Jorden | 3 months ago
Daily Podcast: Where Russians Are Fleeing To

Airlines

Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Sanctions be damned, destinations like Dubai and Maldives continue to welcome an inflow of Russian rubles to their tourism economies.

Peden Doma Bhutia | 3 months ago
Russians Flee to Favorite Tourism Locales of Dubai and Maldives

Hotels

Wynn to Build UAE Luxury Resort Paving Way for Possible Gambling

The resort, located on man-made island Al Marjan, won't be ready until 2026. The question is whether the sheikhdom will have relaxed the rules around gambling by that point.

Lisa Barrington and Aziz El Yaakoubi, Reuters | 5 months ago
Wynn to Build UAE Luxury Resort Paving Way for Possible Gambling

Tourism

Dubai Attracts Large Numbers of Visitors Despite Covid Concerns

Although many destinations worldwide have tightened travel restrictions due to the emergence of Omicron, Dubai is unlikely to join that group considering how much a downturn in tourist arrivals would damage its economy.

Suheir Sheikh and Doyinsola Oladipo, Reuters | 6 months ago
Dubai Attracts Large Numbers of Visitors Despite Covid Concerns

Airlines

Emirates President Says Next Few Weeks Will Be a Critical Test

Tim Clark has been in the aviation business for nearly 50 years so when he talks, people take notice. He said this week he's bullish that vaccines will be effective against the Omicron variant, but added the next month will reveal whether that is true. Even so, global demand is "hugely resilient," he pointed out.

Aziz El Yaakoubi, Reuters | 7 months ago
Emirates President Says Next Few Weeks Will Be a Critical Test

Airlines

Dubai Airport CEO Says the International Recovery Is Accelerating

Paul Griffiths is confident that traffic will return to normal by 2024 — but staffing issues could hold back the recovery at the world's busiest airport.

Alexander Cornwell, Reuters | 7 months ago
Dubai Airport CEO Says the International Recovery Is Accelerating