Saudi’s Seera Mounts Comeback to Report Operating Profit for 2022
When you have a goal as ambitious as Saudi Arabia's 100 million tourists by 2030, you would surely ensure that travel companies in the country are profitable.
Peden Doma Bhutia is Asia Editor at Skift, where she covers the travel industry across Southeast Asia and the broader Asia-Pacific region. Based in India, she reports on airlines, online travel companies, hospitality, travel technology and the business of travel, with a focus on how emerging markets are shaping global trends.
Marriott’s India Operator Samhi Hotels Refiles Draft Papers, Cuts IPO Size
India-based hotel ownership and asset management platform Samhi Hotels has refiled draft papers with the Indian stock market regulator Securities and Exchange Board of India (SEBI) to raise an initial…
Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing
A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides some flexibility to Oyo. However, the market conditions will determine to a large extent if the hospitality company is able to make the most of it.
Jumeirah CEO Says Luxury Wins in Middle East Are Fueling Global Expansion
Jumeirah seems to have set its eyes on expansion. Now after Middle East, Europe and Asia, is it ahoy Americas?
Middle East Airports Need $151 Billion Investment by 2040 to Meet Growing Demand
The aviation industry in the Middle East has greatly benefited from its strategically important geographical location, that enables airlines to establish easy connections to continents across the globe.
India’s Yatra Awaits Stronger Investor Confidence Before IPO Launch
Three months ago, Yatra may have been hopeful of launching its Indian IPO by March. However, it appears the online travel company would rather wait for the market to strengthen and investor confidence to return to ensure a successful launch.
Bhutan Offers Duty-Free Gold to Offset Tourism Fee Impact
Bhutan is looking for the Midas touch for its tourism, quite literally. But will that make price-sensitive tourists disregard the otherwise high tourism fees?
Events in Abu Dhabi Will No Longer Pay Tourism Tax
In its effort to position itself as a destination for large-scale events and conferences, Abu Dhabi has been investing in world-class venues. And now it's incentivizing event planners even more by scrapping a 10 percent tax.
Why Sri Lanka Needs to Tell the World It’s Open for Tourism
Sure, you may have the best tourism products, but what good is a destination if it doesn’t engage with its audience to communicate that?
The Emergence of a New Chinese Traveler: A Skift Deep Dive
Sure, the world has missed Chinese tourists for far too long, but if you are a destination looking for that one elusive answer to what the new Chinese traveler will look like, we recommend you stop now.