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South Korea's Hospitality Market Growth Trajectory

South Korea's hotel market has seen significant growth over the past two years, with substantial increases in Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and occupancy rates. Key drivers of this growth include strong domestic and international demand, the Korean cultural wave (Hallyu), and medical tourism.South Korea has solidified its position as one of the leading hotel markets in the Asia-Pacific region, driven by robust domestic and international demand over the past two years.The country's impressive performance metrics highlight its resilience and potential for sustained growth in the hospitality sector.

Create: May 29, 2024 Edit: May 29, 2024 International News

Dubai Unveils Gaming Visa

Dubai has introduced a new long-term visa called the Dubai Gaming Visa to attract game developers, content creators, and professional gamers from around the world. This visa is part of Dubai's strategy to grow its gaming sector, an initiative launched by the Crown Prince of Dubai.introducing this program last fall, the goal is to position Dubai among the top 10 global cities in the gaming industry within the next ten years.Russia and India to Discuss Visa-Free Travel Agreement

Create: May 29, 2024 Edit: May 29, 2024 International News

Sofitel Al Hamra Resort Officially Opens in Ras Al Khaimah

The beachfront resort, Sofitel Al Hamra, owned by Al Hamra Real Estate Development, officially opened its doors on May 13, 2024.This exclusive five-star resort, situated in the Al Hamra Village and beautifully set along the pristine coastline of Ras Al Khaimah, offers a unique and unparalleled experience for discerning travelers.

Create: May 29, 2024 Edit: May 29, 2024 International News

New Tourism Record Set in New York

New York, boasting the world's busiest airport system and ranking first in international arrivals to the United States, hosted 61.8 million tourists in 2023.This figure represents a 93% return to the record-breaking visitor levels of 2019, with expectations that it will reach 64.5 million by the end of the year. These statistics indicate a robust revival of New York's tourism industry following the downturn caused by the COVID-19 pandemic.

Create: May 29, 2024 Edit: May 29, 2024 International News

New Zealand Hospitality Technology Enters India

Following the significant increase in hotel booking demand after the inauguration of the Ram Temple in Ayodhya, India, accommodations in this holy city are facing challenges in optimizing their booking processes and maximizing revenue. In response, New Zealand-based hospitality solutions provider Staah has commenced operations in Ayodhya through a partnership with Clarks Inn Express hotel. Staah's advanced hospitality technology solutions will assist Clarks Inn in managing their room inventory across all booking platforms. These solutions enable the implementation of efficient operational processes, ultimately leading to increased revenue and profitability.

Create: May 29, 2024 Edit: May 29, 2024 International News

Emirates Airlines Takes Another Step Forward

Emirates Airlines, the aviation and travel services giant, has announced impressive achievements and record-breaking profits in its 2023-2024 annual report. In the fiscal year ending March 31, 2024, the company achieved a record profit of $5.1 billion, a 71% increase compared to the previous year. The group's revenue also reached $37.4 billion, a 15% increase from the previous year. Emirates Airlines, one of the world's largest airline and travel service companies, includes Emirates Airline, dnata, Emirates SkyCargo, and other subsidiaries By providing high-quality services to customers and expanding its global operations, the group is continuously progressing and developing.

Create: May 22, 2024 Edit: May 22, 2024 International News

Malaysia Unveils Rival to Burj Al Arab

Malaysia is set to unveil a new skyscraper named "The Sail," which will surpass the height of Dubai's iconic Burj Al Arab.The Sail, a 325-meter tall tower developed by the Mah Sing Group, is slated for completion in the city of Johor Bahru.With its unique design resembling a ship's sail, The Sail is poised to become a new symbol for Malaysia. The tower will feature 103 residential floors and 8 hotel floors, offering luxurious amenities such as infinity pools, fitness clubs, and fine dining restaurants. The Sail is expected to become a major tourist attraction in Malaysia.

Create: May 22, 2024 Edit: May 22, 2024 International News

Eight Months' Bonus Pay for Singapore Airlines Employees

Singapore Airlines, due to achieving a new revenue record in the past fiscal year, will pay its employees eight months' extra salary and special bonuses. The airline, known for its lucrative business, intends to reward its employees for their efforts in this success by granting them additional pay. In the fiscal year 2023-2024, the airline had nearly two billion dollars in revenue, which is 24% higher than the previous year.

Create: May 22, 2024 Edit: May 22, 2024 International News

Short-Term Rentals Ban in Hawaii

Authorities in the state of Hawaii have announced a ban on short-term rentals of residential properties for tourism purposes. This decision, aimed at increasing local residents' access to long-term housing, is expected to undoubtedly impact the tourism industry in the region. Experts believe that finding affordable accommodations for tourists in Hawaii will become more challenging. Some tourists may opt for alternative destinations for their vacations, while others will turn to hotels or authorized accommodations on home-sharing platforms.

Create: May 22, 2024 Edit: May 22, 2024 International News

Qatar Airways Credit Cards Launch in the United States

Qatar Airways Privilege Club, in collaboration with the company Cardless, has introduced new credit cards for its members in the United State🔸 These cards operate with Visa technology and provide the opportunity to earn Qmiles (the club's reward currency) for everyday purchases.🔸 Holders of the Qatar Airways Privilege Club Visa Infinite credit card will receive five Qmiles for Qatar Airways purchases, three Qmiles for dining expenses, and one Qmile for other purchases for every US dollar spent.🔸 This card comes with an annual membership fee of $499 and features a sleek metal design.

Create: May 15, 2024 Edit: May 15, 2024 International News

Saudi Arabia Plans World's Longest Infinity Pool In Neom's Treyam Region

Saudi Arabia is planning to build a spectacular infinity pool that will be approximately 1,500 feet long in the heart of Neom's futuristic megacity. The pool will be put 220 feet above the sea in Neom's Treyam region if it gets completed, according to Insider. This infinity pool in Saudi Arabia is going to be the world’s longest pool, as per the developers.

Create: May 12, 2024 Edit: May 12, 2024 International News

New Tourist Entry Record for Maldives

Maldives, the renownes archipelago famous for its dreamy beaches and luxurious resorts, has announced a remarkable surge in tourist arrivals this year. This new record has placed the country on track to achieve the ambitious goal of 2 million .visitors in 2024 The number of inbound tourists to Maldives in 2023 saw a 20 percent increase compared to the previous year

Create: May 3, 2024 Edit: May 3, 2024 International News