Germany, as one of Turkey's significant tourism markets, is witnessing a substantial increase in demand for traveling to this country. Consequently, German airlines such as SunExpress, Corendon, Condor, and Turkish national carrier are expanding their flight routes and aircraft fleets to Turkey in the coming years. According to a report from the German Travel Agencies Association, Turkey, which hosted 6.2 million German tourists last year, continues to experience a significant influx of these tourists this summer season. As a result, travel agencies are increasing hotel capacities, and airlines are expanding their flights to Turkey. Given the rising demand from German tourists, Turkish hotels are also increasing their capacity.
Create: today Edit: today International NewsAccording to preliminary statistics from the Saudi Arabian Central Bank, the expenditure of foreign tourists in the country reached a new record in 2023, totaling $35.95 billion. This figure indicates a growth of 42.8 percent compared to 2022 and marks the highest level of foreign tourist spending in the country's history. Furthermore, the World Tourism Organization's Tourism Barometer report in January 2024 showed that tourist arrivals in Saudi Arabia in 2023 increased by 156 percent compared to 2019. These achievements demonstrate Saudi Arabia's efforts to develop its tourism industry and become an attractive global destination for tourists.
Create: Apr 17, 2024 Edit: Apr 17, 2024 International NewsAccor chain hotels brand reached a new milestone in profitability in 2023, achieving its highest-ever gross operating profit of over 1 billion euros for the first time in its history.The group reported revenues of 5.056 billion euros in 2023, reflecting an 18% growth compared to 2022. This growth includes a 17% increase for the economy, mid-scale, and upscale segment, and a 22% increase for the luxury and luxury services segment.
Create: Apr 10, 2024 Edit: Apr 10, 2024 International NewsIn 2023, Etihad Airways achieved an operational profit of AED 1.4 billion, indicating significant growth compared to 2022. The CEO of Etihad Airways attributed these results to the strong comeback of the company after two challenging years caused by the COVID-19 pandemic. He stated that Etihad Airways witnessed increased demand across all market segments in 2023 and strategically increased its capacity to respond to this demand.
Create: Apr 7, 2024 Edit: Apr 7, 2024 International Newsjazeera airways, one of the most popular airlines in the Middle East, reported a net profit of $20.3 million in 2023. Moreover, in 2023, jazeera witnessed a 30.6% increase in its passenger numbers, compared to 3.6 million passengers in 2022. jazeera airways will continue expanding its fleet and flight routes in 2024 to sustain its growth and advancement. Currently, jazeera airways operates flights to 34 destinations in the Middle East, Europe, and Asia. The airline's fleet includes 34 modern aircraft, including 17 Airbus A320neo, 10 Airbus A321neo, and 7 Airbus A330neo aircraft.
Create: Apr 7, 2024 Edit: Apr 7, 2024 International NewsThe tourism sector, contributing 7.6% to the country's gross domestic product, plays a vital role in economic growth. Despite these successes, inadequate road infrastructure and accessibility issues to tourist attractions have hindered the industry's growth. Investing in regional airport infrastructure and improving access routes can significantly boost domestic tourism.Moreover, better collaboration between the government and the hospitality industry can lead to the creation of numerous jobs and help reduce unemployment.
Create: Mar 8, 2024 Edit: Mar 8, 2024 International NewsAir Arabia Airlines, recognized as the leading budget airline in the Middle East and North Africa, achieved a new record in passenger numbers and profitability in 2023, transporting 58.4 million passengers. The company experienced a 12.7% increase in passenger traffic and approximately a 14.5% rise in operational revenue last year. The CEO of the company stated: "We are thrilled with this outstanding achievement, which demonstrates Air Arabia' commitment to providing quality and cost-effective services to passengers.""We are committed to further growth in the coming years through investment in our fleet and expanding our flight network," he added. Currently, Air Arabia Airlines operates flights to 170 destinations across the Middle East, North Africa, Europe, and Asia.
Create: Mar 8, 2024 Edit: Mar 8, 2024 International NewsIstanbul International Airport, one of the busiest airports in the world, has named 2024 as the "Investment Year."The airport's management has announced a €160 million investment in 2023 and has set a target of €656 million for 2024. With an increase in the number of passengers and flights in 2024, Istanbul Airport aims to continue its growth trajectory. The airport's goal is to attract 85 million passengers in 2024.
Create: Mar 8, 2024 Edit: Mar 8, 2024 International NewsThe Association of Tour Operators of Russia has reported an 8.1% increase in the number of tourists from this country traveling to the Caspian Sea coast in 2023 compared to the previous year. Popular destinations in Turkey on the Caspian Sea coast, including Dalaman, Marmaris, and Fethiye, hosted 391,000 tourists in 2023, indicating significant growth in the tourism industry in this region. Russian tour operators predict that demand for travel by Russian tourists to the Caspian Sea coast will continue to increase in 2024, despite the potential shortage of accommodation in quality five-star hotels.
Create: Mar 8, 2024 Edit: Mar 8, 2024 International NewsWith a forecast of significant growth, the outbound travel market of the Gulf Cooperation Council (GCC) countries is expected to reach $57.5 billion by 2028. This increase is primarily due to rapid growth in outbound tourism in the United Arab Emirates and Saudi Arabia, indicating an increasing inclination of people in this region to travel abroad. Moreover, Generation Z is recognized as the vanguards of this growth. This generation increasingly utilizes the "Bleisure" trend, a combination of business and leisure, to create a balance between their personal and professional lives.
Create: Feb 28, 2024 Edit: Feb 28, 2024 International NewsIn 2024, the Etihad Airways group aims for sustainable and long-term growth, seeking to expand its operations.The company plans to achieve a shift of 30 million passengers per year by increasing the number of destinations served and flights to key international markets.Development plans include expanding the fleet size, investing in new technologies, and enhancing customer services.Additionally, Etihad aims to utilize fuel-efficient aircraft, invest in sustainable fuels, and reduce greenhouse gas emissions.
Create: Feb 28, 2024 Edit: Feb 28, 2024 International NewsEnto Capital, an investment firm managed by the Dubai Financial Services Authority and with a track record of managing $4.6 billion in assets, has reached an agreement with Al Amal Investment Company to lead the development and management of Ritz-Carlton hotels and resorts in Morocco. The total value of the project is estimated to be over $220 million and includes the construction of a Ritz-Carlton hotel with 200 rooms and 100 luxury residences in Morocco.This project will contribute to the growth of Morocco's tourism industry and is expected to attract annually 100,000 tourists.
Create: Feb 23, 2024 Edit: Feb 23, 2024 International News