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Thailand’s tourism sector, a critical pillar of its economy, is facing significant turbulence, largely due to a steep decline in foreign visitor numbers. This downturn is sending ripples through tourism-related stocks, impacting everyone from airlines to…
Dubai’s state-owned Emirates Airline has rolled out a new gem for its affluent travelers with the launch of the Emirates First Lounge in Terminal 3 at Dubai International Airport (DXB). Since mid-July, this luxurious haven has been welcoming well-heeled…
Shangri-La Asia, a leading player in the Asian hospitality sector, has named Kuok Hui Kwong as its new chief executive officer, effective August 1. Kuok is the daughter of Robert Kuok, who stands as Malaysia’s wealthiest individual. Solid Leadership…
Lojel, a Japanese luggage manufacturer, has recently opened the doors to its latest concept store at K11 Musea. This new venture marks the seventh store that Lojel operates in Hong Kong. Embracing Local Artistry The K11 Musea outlet is unique due to its…
In a significant meeting held in Hanoi on Wednesday, Ali Ijaz Ahmad, chairman and CEO of Makara Capital Partners, expressed strong interest in expanding the firm’s footprint in Vietnam. Joined by other company executives, Ahmad highlighted the group’s…
In a significant leap forward, Vietravel Airlines welcomed its first Airbus A321, registered as VN-A129, at Noi Bai International Airport on Saturday afternoon. This delivery marks a pivotal moment for the fledgling carrier, which is poised to add two more…
According to a recent report by Colliers, the Philippine hospitality sector is on the upswing, bolstered by significant infrastructure improvements and an influx of international visitors. In 2024, the country welcomed nearly 5.95 million tourists, a figure…
Singapore Airlines has revealed that it paid CEO Goh Choon Phong SGD7 million (US$5.5 million) for the financial year ending March 31, marking a 13.5% decrease from the prior year, despite notable growth in both profit and passenger numbers. CEO’s…
Vietravel Airlines is embarking on an ambitious journey to double its charter capital to VND2.6 trillion (approximately US$99 million) in the first half of next year, buoyed by what they describe as “financial support” from SHB Bank. Shareholders Back Bold…
The marine tourism sector is expected to contribute US$4 billion in 2019, or a four-fold increase from the present contribution, according to Tourism Minister Arief Yahya. “We hope that the foreign exchange earnings from marine tourism will increase in 2019…
National flag carrier Vietnam Airlines has taken decisive action to ensure the safety of its passengers and crew amidst escalating tensions between Israel and Iran. The airline has adjusted its routes to avoid potential conflict zones, a move that reflects…
Deputy Prime Minister Tran Hong Ha has given the green light for the Ministry of Construction to grant an air transport business license to Sun PhuQuoc Airways Co. Ltd., a significant step forward announced on June 11. This move signals a boost for aviation…
Trains between Hanoi and popular central and southern tourist destinations are in demand, with sleeper berths sold out on weekends, thanks to improved pricing policies and services. When Thu Minh from Hanoi attempted to purchase train tickets for her family’s…
In a bold push toward expansion, Trip.com Group has set its sights on Vietnam, Indonesia, and the Philippines, said Boon Sian Chai, managing director and vice president of international markets, during a recent event. This ambitious growth phase emphasizes…
Vietnam Airlines Secures Approval for Acquisition of 50 Narrow-Body Aircraft Government Greenlights Fleet Expansion Plan Vietnam Airlines has received in-principle approval from the government to purchase 50 narrow-body aircraft, marking a significant step in…
Vietnam is preparing for a surge in air traffic during its five-day reunification holiday, with 792,000 international visitors expected, according to the Civil Aviation Authority of Vietnam. From April 30 to May 4, Vietnamese airports are forecast to handle…
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