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TravelTrade.Today provides up to the minute travel technology, travel startup, travel payment, travel blockchain and travel insights from around the world.

01/02/2024

Union Budget 2024: Domestic Tourism Takes Priority | Entrepreneur

Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The travel and tourism industry is on its way to becoming the government's apple of the eye. During the Union Budget 2023-2024 presentation, Finance Min...

01/02/2024

Budget 2024 Corporate Reactions Live Updates: 11.1% increase to power railway

01 Feb 2024, 10:54 PM IST Preeti Bajaj, CEO, Luminous Power Technologies for interim budget 2024, said “The focus on solar initiatives in the interim budget, led by Hon’ble Finance Minister Nirmala Sitharaman, is a great move toward promoting green energy. Solar power not only ensures household ...

01/02/2024

Unveiling key trends in the travel and tourism sector in South Africa

The changes that have occurred in the past few years that have significantly impacted on how we live our lives, interact and socialise, do business and engage in other economic and leisure activities, have been nothing short of evolutionary. Nombulelo Guliwe, Acting Chief Executive Officer of South....

01/02/2024

Are Ryanair Proving That Domestic Services Can Work? | Aviation Analysis | OAG

This week Ryanair released their Q3 financial results, and it was my turn for the early morning gig on the BBC commentating on their fortunes. This inevitably involves a quick review of the results, before having to pick out the main points. And let’s be honest, Ryanair - well, Michael O’Leary -...

01/02/2024

Malaysia conglomerate to sell budget carrier to AirAsia X - Companies - The Jakarta Post

alaysia conglomerate Capital A said Monday it plans to sell its budget airline AirAsia to its medium-haul affiliate AirAsia X in a bid to streamline operations. Under the terms of the non-binding agreement, AirAsia Malaysia and AirAsia subsidiaries in Cambodia, Thailand, Indonesia and the Philippine...

01/02/2024

What is tourism’s contribution to Malta?
https://traveltrade.today/travel-trade/news/what-is-tourisms-contribution-to-malta/?feed_id=19827&_unique_id=65bbe3bb862db

There is no doubt that tourism is econo...

Create up to 150 words excerpt for 'There is no doubt that tourism is economically beneficial to the host destination, in that the expenditure by visitors generates income and employment in that destination. In Malta, tourist expenditure amounted to about €2.2 billion in 2019, according to NSO sta...

01/02/2024

Business travel trends 2024: The changing face of the work trip

Thursday 01 February 2024 1:32 pm A new Globetrender report reveals how ‘Objective Stacking’ will help extract maximum value from business trips in the year ahead, while AI-powered personal assistants will make trip planning seamless and power lunches will make a comeback. We look at the top bus...

01/02/2024

Türkiye's tourism soars with a commitment to diversification

Famed for its rich cultural heritage, stunning landscapes, idyllic beaches, crystal-clear turquoise seas, and tasty Turkish cuisine, Türkiye is expected to make even more strides in tourism in the days ahead thanks to its commitment to diversification. Türkiye's international tourism arrivals shot...

01/02/2024

New route added to FlySafair's roster in South Africa - BusinessTech

New route added to FlySafair's roster in South Africa BusinessTechRead further.

01/02/2024

Agoda shares the top tourist destinations that got off to a great start of 2024

Agoda shares the top tourist destinations that got off to a great start of 2024 Travel DailyRead further.

01/02/2024

Tripadvisor Says It’s Entering the Metaverse: ‘Try Before You Buy’

Tripadvisor plans to release a metaverse experience later this year. The idea is that users will be able to virtually visit attractions in popular destinations — like Paris, Dubai, New York City, Chicago, and Atlantis Paradise Island in the Bahamas — before they book their trips. Traveling aroun...

01/02/2024

In 2023, domestic aviation soared due to religion and tourism

The year 2023 saw the highest ever domestic traffic being recorded in India. This outpaced the pre-COVID best which was recorded in 2019 and came a year ahead of IATA’s prediction of return of pre-COVID traffic by 2024. A boy looks at Air India airline passenger aircrafts parked at the Chhatrapati...

01/02/2024

Abu Dhabi sees surge in business activity

File picture As many as 25,647 new economic licences were issued in Abu Dhabi in 2023, while 75,778 licences were renewed. The total capital of these newly licensed firms exceeded AED 210.7 billion. According to the Abu Dhabi Department of Economic Development's (ADDED) Business Activity Report, the...

01/02/2024

T&T industry lauds government for recognising infrastructure development as key priority - TravelBiz Monitor: India travel news, travel trends, tourism

The sixth Budget speech by Nirmala Sitharaman, an Interim one due to the ensuing General Elections, saw the Finance Minister being upbeat about the growing income of the rising middle class, and the brighter prospects of India’s growth story. For travel & tourism, she laid emphasis on developing i...

01/02/2024

Saudi Arabia: total contribution of travel and tourism to employment 2018 | Statista

This statistic describes the total employment contribution from tourism and travel in Saudi Arabia from 2012 to 2017, with an estimate for 2018 and a forecast for 2027. According to forecasts, the total contribution of tourism and travel to the employment of Saudi Arabia will be around 1507.5 thousa...

01/02/2024

Visa delays are costing South Africa millions | City Press

Foreign visitors say it is difficult to get visas to South Africa while those applying for permanent presidency are often asked for bribes to get the paperwork done. South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and...

01/02/2024

Singapore's 2023 Tourism Receipts Surpassed Forecast

STR reported China hotel data for the week ended January 27. China Hotel RevPAR was down -11.2% year over year. It faced an extremely tough comparison as last year was up against a +177.8% comp. Chinese New Year 2023 was January 22nd. The Tongcheng Research Institute produced a study showing some 63...

01/02/2024

Turkey: travel & tourism spending share by tourist type 2022 | Statista

In Turkey, international tourists represented the highest share of travel and tourism spending in 2022, accounting for almost 69 percent of total spending. The expenditure by inbound travelers, however, declined by three percentage points compared to 2019. Read further.

01/02/2024

Delhi-bound Air India flight returns to Dubai after take-off due to technical issue - Gulf News

Delhi-bound Air India flight returns to Dubai after take-off due to technical issue Gulf NewsRead further.

01/02/2024

ACCC warns of a rise in Booking.com scams - The New Daily

ACCC warns of a rise in Booking.com scams The New DailyRead further.

01/02/2024

UAE: direct contribution of travel and tourism to employment 2018 | Statista

This statistic describes the direct employment contribution from tourism and travel in the United Arab Emirates from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the direct contribution of tourism and travel to the employment of the UAE will be around 720....

01/02/2024

Tunisia wants to borrow billions from its Central Bank | Africanews

Cash-strapped Tunisia wants to take the unprecedented step of borrowing billions from its central bank to plug budget deficits and heal its economic crisis, a move that experts say could cause inflation and undermine confidence in institutions. In an emergency closed-door meeting, parliament's finan...

01/02/2024

Is this the most fun you can have in St Moritz?

01 Feb 2024by Madeleine BarberDuring a visit to one of Switzerland’s most exclusive boltholes, the Carlton Hotel, Madeleine Barber discovers mixing a luxury stay with snowy adventures is the perfect recipe for a winter holidayThe Preda-Bergun toboggan run is fun for kids both big and small I’m d...

01/02/2024

Over 79,000 foreigners visit Nepal in the first month of 2024

KATHMANDU, Feb 1: A total of 79,100 foreign tourists came to Nepal In the first month of the new year 2024. According to Nepal Tourism Board (NTB), this is 24,026 more than the number of foreign tourists visiting Nepal in the same month last year. In January 2023, a total of 55,074 tourists had visi...

01/02/2024

Budget 2024 - Pass or fail? Reactions from JetSynthesys, MakeMyTrip and Schneider Electric

Finance minister Nirmala Sitharaman presented her sixth consecutive budget, matching the record set by former Prime Minister Morarji Desai, just ahead of the Parliamentary elections. Find out what the leaders of JetSynthesys and Schneider Electric had to say. Rajan Navani, Chairman, CII's India@75 C...

01/02/2024

Budget 2024: Infrastructure and port connectivity projects will be a big boost to domestic tourism

Create up to 150 words excerpt for ' In her Interim Budget speech on Thursday, Union Finance Minister Nirmala Sitharaman announced plans to undertake infrastructure and port connectivity projects in India's islands, including Lakshadweep, to cater to the growing interest in domestic tourism. She emp...

01/02/2024

India Interim Budget 2024: This is what is in store for jobs in tourism, infra, and deep tech - WION

India Interim Budget 2024: This is what is in store for jobs in tourism, infra, and deep tech WION

01/02/2024

FEDHASA survey reveals mixed recovery in South Africa's tourism sector - TravelDailyNews International

FEDHASA’s recent survey highlights regional disparities in South Africa’s tourism recovery, with the Western Cape thriving and KwaZulu-Natal facing challenges. JOHANNESBURG – Αccording to a recent member survey by the Federated Hospitality Association of Southern Africa (FEDHASA), South Afric...

01/02/2024

Situation on American Airlines flight just stinks [News of the Weird]

You thought you were having a bad day? On Jan. 14, as an American Airlines flight prepared to leave Phoenix for Austin, Texas, the crew was forced to turn back to the gate, the New York Post reported. No, a door didn’t fall off the fuselage. A passenger posted on Reddit that an “audibly disgrunt...

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