Articles tagged “asia monthly”

The Chinese are coming and Middle East destinations are harnessing the mighty impact of these visitors to conquer ambitious tourism goals.

Not a bad payday, considering the partial exit yields a substantial six-fold return for H World Group. However, the heightened scrutiny on startup valuations has kept a lid on gains for Oyo.

While AirAsia X is looking closely to contain costs, the airline's greatest learning from Covid has been to maintain a cash buffer for financial resilience and long-term sustainability, providing a safety net to weather uncertainties.

Online travel company Trip.com Group has joined hands with flag carrier Cambodia Angkor Air to position the new Angkor International Airport as a smart airport in the region.

Zuzu Hospitality's increased focus on expanding its operations in India suggests that the emergence of the country as a prominent player in the travel industry is not lost out on companies.

From the unfulfilled potential of the Incredible India campaign to why all his hotels are pet-friendly, Himmat Anand, founder of the Indian boutique resort chain Tree of Life, spells out some hard truths.

While MakeMyTrip achieved record annual gross booking value and adjusted operating profit, the online company still incurred losses for fiscal 2023, highlighting ongoing challenges.

Budget hotel chain operator Oyo has announced its intention to expand its UK presence with plans to increase its number of hotels to over 200 by the end of this year.

If ChatGPT drives gains for Saudi's largest travel player, companies worldwide will take note. Plus, this week's news from Red Sea Global, Oyo, Musafir, and other regional companies.

Red Sea Global, a company fully owned by Saudi Arabia’s Public Investment Fund, is exploring the possibility of a public market offering, with plans to launch as early as 2026.