Wednesday 1 July 2015
 
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Online travel

Saudi Arabia online travel sales reach $1.73bn

Saudi Arabian residents are showing record growth in online travel sales, reaching SR6.5 billion ($1.73 billion) in 2015, with the figure set to double to SR13 billion ($3.46 billion) by 2019. Saudi Arabia leads the Middle East in terms

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Expedia acquires Travelocity in $280 million deal

US-based Expedia has acquired online travel agency Travelocity from technology company Sabre Corp for $280 million in cash, the companies said in a statement on Friday, as consolidation in the online booking industry continues. Th

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Travelport to showcase key technologies at ATM

Travelport, a top provider of transaction processing solutions, will feature cutting-edge technology showcases, a major seminar and several high profile announcements at the upcoming Arabian Travel Market (ATM) in Dubai. The leadi

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UAE’s online travel booking to top $9bn

Online travel bookings in the UAE are expected to double to $9.4 billion by 2014 from $4.7 billion in 2011, a report said. New figures from the study – carried out by global travel market research company PhoCusWright and co

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Online air travel ‘to see 13pc CAGR’

The online air travel sector will experience a 13 per cent compound annual growth rate (CAGR) between 2010 and 2015 in the region, said a report. Online hotel sales in Middle East and Africa over the period will grow by more than 12 per ce

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