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Category: Tourism Investment News

News and Information on investments in the travel and tourism industry. Click here to submit investment news updates.

Radisson Hotel Group set to enter New Zealand with four new hotels

Radisson Hotel Group set to enter New Zealand with four new hotels

Radisson Hotel Group has signed the biggest hotel management deal in 2019 in Australasia, as it prepares to enter ... Read More

Boeing 737 MAX safety not yet reassuring

Boeing 737 MAX safety not yet reassuring

Boeing remains to be in hot waters. After an unprecedented presentation by European Union Airline Safety Agency (EASA),? the ... Read More

Delta and LATAM form the leading airline partnership in North and Latin America

Delta and LATAM form the leading airline partnership in North and Latin America

Delta Air Lines and LATAM Airlines Group S.A. (LATAM) today announced that they have entered into a strategic partnership ... Read More

New York/New Jersey-themed art livery takes flight on United Airlines

New York/New Jersey-themed art livery takes flight on United Airlines

United Airlines has officially welcomed a one-of-a-kind livery to its fleet that was created by a New Jersey native ... Read More

How citizen for sale fraud builds new resorts in Dominica

How citizen for sale fraud builds new resorts in Dominica

Citizen for sale is another dark and corrupt part of the travel and tourism industry. Governments around the world ... Read More

China officially opens the largest air hub in the world

China officially opens the largest air hub in the world

Chinese President Xi Jinping has announced the official opening of Beijing Daxing International Airport. The massive air hub is ... Read More

Accor to introduce Novotel brand in the Democratic Republic of Congo

Accor to introduce Novotel brand in the Democratic Republic of Congo

Accor hospitality group announces the debut of its successful midscale brand Novotel in the Democratic Republic of Congo (DRC). ... Read More

700 New Hotel Restaurants and Bars will be opened in Africa by 2025

700 New Hotel Restaurants and Bars will be opened in Africa by 2025

A new study released at the Africa Hotel Investment Forum (AHIF) forecasts that 700 new hotel restaurants and bars ... Read More

Hilton Hotels in Africa: The big five commitments

Hilton Hotels in Africa: The big five commitments

Since Hilton announced its Big Five commitments to drive sustainable travel and tourism in Africa less than a year ... Read More

Hawaii Tourism Authority awards funding to natural resources programs

Hawaii Tourism Authority awards funding to natural resources programs

The Hawaii Tourism Authority (HTA) announced today it is awarding funding to 34 programs in the Hawaiian Islands through ... Read More

Why Thomas Cook Travel went out of business?

Why Thomas Cook Travel went out of business?

Thomas Cook Travel collapse is a direct result of the company’s failure to understand the disruptive themes that have ... Read More

Radisson Hotel Group banks on Africa: 11 new hotels

Radisson Hotel Group banks on Africa: 11 new hotels

Radisson Hotel Group added 11 new hotels in Africa within the first nine months of 2019, accelerating its expansion ... Read More

African economies drive on tourism growth

African economies drive on tourism growth

Travel and tourism remained one of the key growth drivers of Africa's economy, contributing 8.5% of the GDP in ... Read More

The Moja Tuu and Hakuna Majiwe has new management company

The Moja Tuu and Hakuna Majiwe has new management company

The Moja Tuu and Hakuna Majiwe, in Zanzibar will be managed by Aleph Hospitality . The company entered the ... Read More

China’s oldest airport set to close as Beijing prepares to open world’s biggest air hub

China’s oldest airport set to close as Beijing prepares to open world’s biggest air hub

China's oldest airport, which opened in 1910 during the reign of the Qing Dynasty, is about to close as ... Read More

Virgin Hotels ventures to Miami

Virgin Hotels ventures to Miami

Virgin Hotels, the lifestyle hotel brand by Virgin Group Founder Sir Richard Branson, announces plans to open and operate ... Read More

US DOT announces nearly $1 billion in infrastructure grants to 354 US airports

US DOT announces nearly $1 billion in infrastructure grants to 354 US airports

U.S. Transportation Secretary Elaine L. Chao today announced that the Department will award $986 million in airport infrastructure grants ... Read More

Minister Bartlett to announce Board of Trustees for landmark Tourism Workers’ Pension Scheme

Minister Bartlett to announce Board of Trustees for landmark Tourism Workers’ Pension Scheme

Jamaica's Tourism Minister Hon. Edmund Bartlett, is set to announce the appointment of a Board of Trustees for the ... Read More

Marriott International to add 40 new hotels across Africa by 2023

Marriott International to add 40 new hotels across Africa by 2023

From the Africa Hotel Investment Forum in Addis, Marriott International reinforced its commitment to Africa by announcing it expects ... Read More

Hilton reaches 100 hotel milestone in Africa

Hilton reaches 100 hotel milestone in Africa

Hilton today announced at the African Hotel Investment Forum (AHIF) the signing of Hampton by Hilton Sandton Grayston, a ... Read More

Air Astana takes delivery of its first Airbus A321LR

Air Astana takes delivery of its first Airbus A321LR

Air Astana, Kazakhstan’s flag carrier, has taken delivery of its first A321LR on lease from Air Lease Corporation. The ... Read More

Help available for Thomas Cook customers

Help available for Thomas Cook customers

Thomas Cook operated hotels, resorts, and airlines for 19 million people a year in 16 countries. Employing 21,000, it ... Read More

Dusit Thani Maldives appoints a German General Manager

Dusit Thani Maldives appoints a German General Manager

Dusit International appointed? Mr Thomas Weber ?as the new General Manager of Dusit Thani Maldives. Mr Weber brings with ... Read More

Neckermann told stranded German travelers: Don’t call us! Out of business!

Neckermann told stranded German travelers: Don’t call us! Out of business!

Neckermann Reisen along with Bucher Last Minute, ?ger Tours, Air Marin are among Germanies most known tour operators and ... Read More

Is Condor Airlines still flying after Thomas Cook Bankruptcy

Is Condor Airlines still flying after Thomas Cook Bankruptcy

According to condor.com, Germany based Condor Airlines is still operating on a shoestring after its owner Thomas Cook went ... Read More

Emperor Cruises acquired by Hanoi based Lux Group

Emperor Cruises acquired by Hanoi based Lux Group

Hanoi-based Lux Group has fully acquired the five-star, all-inclusive Emperor Cruises, adding to the travel and hospitality company’s portfolio ... Read More

Uganda Gorilla Tourism : Essential for growth

Uganda Gorilla Tourism : Essential for growth

In Uganda, the 10th annual Tourism Sector Review Conference realizes 7.4% ??growth? in tourist arrivals, attributed to? gorilla tourism ... Read More

African Travel Times reveals names of its 2019 Awards Nominees

African Travel Times reveals names of its 2019 Awards Nominees

African Travel Times, West Africa’s only monthly travel and tourism magazine and a member of the African Tourism Board ... Read More

Aviation industry debates airport IT and security in London

Aviation industry debates airport IT and security in London

Smart security screening, cyber-attacks, drone incursions, applications of artificial intelligence and robotics are some of the biggest focus areas ... Read More

How much money do Hawaii Hotel make per room night?

How much money do Hawaii Hotel make per room night?

Hawaii hotels statewide reported growth in revenue per available room (RevPAR), average daily rate (ADR) and occupancy compared to ... Read More

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