Saturday 18 May 2013
 
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Oman hotel occupancy rates up 54.5pc

The three to five-star hotels in the Omani capital recorded solid growth last year with the overall occupancy rate in the five star hotels across the Sultanate increasing to 54.5 per cent from 47.9 per cent in 2011, said a report. The four-star hotels witnessed an increase of 54.

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Royal Jet unveils new identity on anniversary

Royal Jet, a luxury flight services provider, recently marked its 10th year milestone by unveiling a bold new corporate identity and plans to go ‘above and beyond’ in providing service to its customers over the next few years. The Abu-Dhabi based company was set up in

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IAG convertible raises $506m for Vueling deal

The International Airlines Group has raised 390 million euros ($506 million) through a convertible bond issue to help to fund the purchase of low-cost carrier Vueling. Chief executive Willie Walsh said in a statement on Tuesday that the bond issue would also bolster liquidity and

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Airbus ‘more confident’ on A350 as profits rise

Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 on Tuesday, amid speculation that its first new jet in almost a decade could debut before next month's Paris air show. Scooping headlines at the world's largest aerospace

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VisitBritain kicks off travel trade event

VisitBritain, the national tourism agency, responsible for marketing Britain worldwide, kicked off its flagship international travel trade event, Destination Britain 2013, in Bangkok today (May 14). Celebrating its 10th year, the tourism gathering opened with a record 35 per cent

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Etihad PointsPay wins top CMA award

PointsPay, the innovative solution enabling members of Etihad Guest to convert their miles to cash, has gained recognition with Loylogic - the developer of PointsPay, winning the Loyalty category at the 2013 Contactless & Mobile Awards (CMA) in London.     This

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Kuwait Airways may buy 25 Airbus jets

  Kuwait is studying plans by its airline to buy 25 Airbus jets, a source with knowledge of the matter said, in the most sweeping overhaul since part of its fleet was seized after Iraq invaded the Gulf state in 1990.  

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Air Arabia's Q1 net profit rises 20pc

Budget airline Air Arabia , UAE's only publicly-listed carrier, reported a 20 percent rise in first quarter net profit, it said on Monday. The Sharjah-based airline made a net profit of 59 million dirhams ($16.06 million), compared with 49 million dirhams in the same period i

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Sofitel Dubai named best business hotel

Sofitel Dubai Jumeirah Beach, a part of Sofitel, a French luxury hotel brand, has been awarded as Best Five-Star Business/Corporate Hotel at the recent eighth Mena Travel Awards 2013 in Dubai. Winning the award second year in a row fortifies the strong positioning of Sofitel Duba

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F1 Infotech displays tech solutions at ATM

F1 Infotech, a leading technology and training provider for the hospitality industry, showcased its technology solutions at the recently concluded Arabian Travel Market (ATM), the Middle East’s biggest travel show, in Dubai. F1 Infotech, in association with Infor, unveiled

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