Tourism Breaking News

Rocco Forte Hotels announced that the Public Investment Fund (PIF) has entered into a definitive agreement to acquire a significant minority stake in the group. The Forte family will retain majority ownership and control. The arrangement sees the Italian entity CDPE Investimenti (CDPEI) selling its entire stake. PIF’s investment will … Read More »

PIF announced that it has entered into a share purchase agreement to acquire a 10% stake in FGP TopCo (TopCo), the holding company of Heathrow Airport Holdings Ltd, from Ferrovial S.A. Under the terms of the agreement, PIF will acquire 10% in TopCo, and Ardian through its infrastructure funds will acquire … Read More »

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has established a hospitality education academy in Abu Dhabi, which will open in September 2024 to be managed and guided under the stewardship of Les Roches. The objective is to provide hospitality skills and academic knowledge to nurture … Read More »

McArthurGlen Designer Outlets, a global leader in luxury outlet shopping, proudly acknowledged its top trade partners in the region for their exceptional contribution at the McArthurGlen Tourism Awards held on the 29th of November 2023 at Park Hyatt Dubai – Creek Resort hotel. This recognition is part of McArthurGlen’s commitment … Read More »

In a landmark announcement made at the 173rd General Assembly of the Bureau International des Expositions, Saudi Arabia’s capital city Riyadh has been named as the host city for the highly anticipated Expo 2030. Themed ‘The Era of Change: Together for a Foresighted Tomorrow,’ Expo 2030 will align perfectly with … Read More »