• Travel Destinations

    Singapore Airlines set for regional dominance as rivals pull back

    The post Singapore Airlines set for regional dominance as rivals pull back appeared first on TD (Travel Daily Media) Travel Daily. Singapore Airlines has, with aid from the state investor, been in a position of dominance over its South-East Asian competitors as they decrease and restructure, with US$16 billion (S$ 21.6 billion) from the start of a Covid 19 pandemic. The crisis has threatened the survival of non-domestic carriers like SIA, Cathay Pacific Airways in Hong Kong, and Emirates in Dubai. Indeed, the government “would spare no effort” to ensure that the SIA copes through the pandemic, said Prime Minister Lee Hsien Loong last year. Temasek Holdings has been one…

  • Travel Destinations

    IATA to set up regional hub in Saudi Arabia

    The post IATA to set up regional hub in Saudi Arabia appeared first on TD (Travel Daily Media) Travel Daily. Saudi Arabia’s General Authority of Civil Aviation (GACA) said it has reached an agreement with International Air Transport Association (IATA) to set up the aviation body’s headquarters for the MEA region in the country. Following the deal, GACA said the signing of this agreement not only aligns with Saudi Arabia’s interest in supporting and promoting the role of regional and international civil aviation organizations, but also contributes to the kingdom’s distinguished efforts to empower Saudi organisations through providing various forms of support to assist in their role of contributing to…

  • Travel Destinations

    ITB China set to take place as physical event in Shanghai in November

    The post ITB China set to take place as physical event in Shanghai in November appeared first on TD (Travel Daily Media) Travel Daily. With travel and tourism within China bouncing back to pre-pandemic levels, ITB China, the largest B2B exclusive travel trade show in China, is set as in-person event at the Shanghai World Expo Exhibition and Convention Centre from 24 – 26 November 2021, with its virtual extension from 8 November until 31 December 2021. Witnessing the positive development of travel markets and vaccine promotion in China and around the world, expectations for the return of international travel are steadily increasing. This fall the marketplace for China’s travel…

  • Travel Destinations

    Budget hotels set to benefit from increase in price-sensitive travellers

    The post Budget hotels set to benefit from increase in price-sensitive travellers appeared first on TD (Travel Daily Media) Travel Daily. Price is the most important factor to 47% of consumers when selecting accommodation, according to a poll by GlobalData. The data and analytics company notes that, with less budget for travel but a strong desire to escape, many will turn to budget providers to satisfy their travel cravings. Gus Gardner, associate travel and tourism analyst at GlobalData, comments: “Budget hotel operators will be well-positioned to benefit from an increase in bargain-hunting travellers looking for the cheapest accommodation possible. With many countries still only permitting outbound travel to a handful…

  • Travel Destinations

    UAE and Israel to set up quarantine-free travel corridor

    The post UAE and Israel to set up quarantine-free travel corridor appeared first on TD (Travel Daily Media) Travel Daily. The governments of the UAE and Israel have entered into formal discussions to establish a quarantine-free travel corridor between the two countries. The travel corridor, which would apply to passengers who are fully vaccinated against Covid-19, will facilitate travel for commercial, tourism, and official purposes. Meetings between the UAE Ministry of Foreign Affairs and International Cooperation and Israeli Ministry of Foreign Affairs are currently underway to negotiate the terms of the agreement, with the aim of finalizing and implementing the agreement in April 2021. The two sides affirmed that the…