Rather than competing on sheer scale, Radisson is pitching owners on speed, flexibility, and a more focused brand lineup, with Asia central to its growth ambitions.
While most hospitality executives have been in damage-control mode, Kempinski’s CEO envisions an opportunity. With rates held, staff retained, and a development pipeline intact, the company is placing a long-term bet on the Middle East.
Delta is now grappling with elevated fuel costs, causing the carrier to cut capacity and raise fares. Delta CEO Ed Bastian said the oil crisis is different from past crises due to the speed at which fuel prices have increased.
As Delta is set to report first-quarter earnings on Wednesday, concerns about high fuel prices have taken center stage. With the current pace of the fuel price increases, it appears that most airlines might not be able to eke out a profit this year.
The Gulf MICE industry says demand is deferred, not lost. But no one will know if it's true until after the summer when the region asks delegates to meet in 104°F heat.
As India’s peak travel season approaches, the increase in fuel surcharge by both IndiGo and Air India now casts doubt on whether outbound travel will continue its upward trajectory.
Booking's larger exposure to the impact from the Iran war than Expedia's comes from a position of strength. Booking has a much larger presence than Expedia in Asia and the Middle East, and inflation will smack Booking's European base much harder.
A boycott threat against one of the world’s most important scientific meetings underscores a broader challenge: geopolitical tensions and cross-border travel barriers are increasingly determining where global events can, and can’t, take place.
The UAE's rapid policy response — fee deferrals, a ministerial operations room, a broader support package in the works — signals that it is good at crisis management. But the real test is whether the tourism sector can hold on long enough for international confidence to return.