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RAKTDA unveils support initiatives for tourism industry

Ras Al Khaimah Tourism Development Authority (RAKTDA) launches a range of far reaching support initiatives, aimed at its hospitality, leisure and development partners, during the peak of COVID-19 crisis and to lay the strong foundations for future recovery. In a move that further reflects the emirate’s ‘ONE RAK’ commitment to …

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Rotana’s 7th hotel soon in Riyadh

Strengthening its portfolio in the Kingdom of Saudi Arabia, Rotana adds another property set – DAMAC Towers Arjaan to be open soon in Riyadh. The twin tower featuring 448 luxury rooms is company’s seventh property in the Kingdom and is one of the finest architectural landmarks of the region, offering …

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5G transforming air travel

SITA predicts how ultra-fast 5G networks will bring major change for airports, airlines, and passengers. As per CSS Insight data, 5G will be a game-changer for the aviation industry with projected growth to reach around USD 4.2 bn by 2026. The potential for innovation is huge and airports, airlines, and …

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Al Naboodah to enhance global footprint

The Al Naboodah Group with over 60 years’ experience in business and more than 45 years in the travel industry, will take steps to expand its business opportunities across KSA, UAE, UK, Canada, Turkey and Azerbaijan over the next few years. Nasir Jamal Khan, CEO of Al Naboodah Travel shares …

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IATA on COVID-19’s financial impact

The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel COVID-19, a public health emergency on the global air transport industry. IATA now sees 2020 global revenue losses for the passenger business between $63 billion and $113 billion (in a scenario where COVID-19 is …

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RAKTDA records 4% growth in arrivals

Ras Al Khaimah Tourism Development Authority (RAKTDA) announced stellar visitor figures for 2019 with arrivals up almost 4 per cent to 1.12 million and RevPAR recorded at an impressive $114.90, amongst the highest in the region. This was reflected by the strong yearly occupancy rates, averaging at 74 per cent. …

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