Tag Archives: FTI Group

Ras Al Khaimah Tourism Development Authority (RAKTDA) and the FTI GROUP  struck a new agreement that paves the way for the launch of twice-weekly flights from Munich to Ras Al Khaimah International Airport in the fourth quarter of this year. The agreement, which was signed by Raki Phillips, Chief Executive Officer of Ras Al Khaimah Tourism Development Authority and Ralph Schiller, CEO of the FTI GROUP ranked among the headline announcements on day one of the Arab Aviation Summit, which is currently being staged at Al Hamra International Exhibition & Conference Centre in Ras Al Khaimah. It will significantly expand air connectivity between Ras Al Khaimah and Germany, one of the emirate’s top five visitor source markets for many years. Germany ranks among the global tourism industry’s most important outbound source markets and is projected to account for almost 118 million travellers annually by 2024, according to a recent report published by GlobalData. “This agreement with the FTI GROUP marks a major milestone in Ras Al Khaimah’s tourism development strategy, as we look to drive inbound traffic from Germany, which counts among our fastest-growing visitor source markets,” commented Raki Phillips, Chief Executive Officer of Ras Al Khaimah Tourism Development Authority. “In 2022, we’ve experienced 81% growth in German visitors to Ras Al Khaimah compared to the previous year, and the addition of twice-weekly direct flights from Munich, one of the country’s most important aviation hubs, should see this number grow substantially. In fact, our robust relationships with all leading trade partners in Germany will all play a key role in reaching our target of 3 million visitors annually by 2030, while boosting tourism’s GDP contribution from 5% today to almost a third …

Abu Dhabi Developmental Holding Company (ADDH) and FTI Group, formalised their intent to partner and boost visitor numbers to the emirate and cement Abu Dhabi’s position as a global tourism destination. Under the terms of the intent agreement, collaboration will focus on increasing the number of visitors to Abu Dhabi from key European markets, including the UK, France and Germany. ADDH is set to inject 100 million euros in FTI Group which will also help expand the firm’s worldwide business outreach and enhance its vertical integration strategy across key tourism segments including tour operation, destinations management, own content and distribution. In 2010, the firm established its flagship destination management company Meeting Point Tourism LLC in the UAE. Mohamed Al Suwaidi, CEO of ADDH, commented, “Our strategic partnership with FTI Group reflects our wider commitment, in alignment with the Abu Dhabi Government, to support the emirate’s ambition in the tourism sector. The collaboration will not only create more opportunities to enhance Abu Dhabi’s sustainable tourism sector, but it also aligns with our mandate to further develop sectors of Abu Dhabi’s non-oil economy.” Dietmar Gunz, CEO of FTI Group, said, “ADDH is an exciting partner for FTI group given its portfolio of hotels and presence in the exhibition, aviation, culture and media sectors, which will enable us to design a new class of exclusive holiday packages for the ultimate customer experience.” “Abu Dhabi is an increasingly growing tourism market and has been part of our company’s long-term expansion and consolidation strategy in the region. In the coming months, we will open our first fully serviced offices in Abu Dhabi – a clear indication of our commitment to the UAE capital,” Roula Jouny, …