Articles tagged “asia monthly”

Tek Travels, a wholly-owned subsidiary of Indian travel distribution platform TBO.com, has fully acquired BookaBed, a business-to-business (B2B) accommodation wholesaler for an undisclosed amount.

Dubai has yet again revealed its plans to connect the city through flying taxis and expects to launch aerial taxi operations by 2026.

Not satisfied with merely achieving pre-pandemic levels of tourism, Dubai has now set an ambitious goal of 40 million hotel guests in 2031.

For a price-sensitive market like India, EaseMyTrip’s democratization of air charters will enter the mix of new low-cost carriers. Good news for bargain seekers.

By allowing locals for the first time to rent out properties to tourists, Saudi Arabia is not just trying to keep pace with growing demand, but is also trying to make the destination more accessible. Over to the locals.

As Oyo, Yatra and ixigo look to go public in India by this year, MakeMyTrip would probably wait and watch to see how these online travel companies fare in the market before launching an Indian IPO.

From issuing the first tourist visa in September 2019 to the announcement of a free-of-charge four-day stopover transit visa for air travelers, Saudi Arabia has indeed come a long way. And then of course there's the target to attract 100 million tourists per year by 2030.

While "disruptive and different" is still the mantra that Tony Fernandes swears by, he says he's choosing to tread carefully even as he aspires to create an AirAsia Republic.

Indian online travel agency EaseMyTrip announced this week that it has acquired a 55 percent stake in hotel booking marketplace cheQin, owned by Gleego Innovations, for around $370,000.

UNWTO may not be too far off the mark on its recovery prediction for the Middle East considering the number of hotel openings and new projects in the region. However, the road to recovery is fraught with economic and geopolitical risks.