Vessev, a global leader in sustainable marine technology revealed the VS-9 which will unlock entirely new opportunities for premium passenger transport on the water. By partnering with Fullers360, New Zealand’s largest ferry operator, the VS-9 will become the first fully electric passenger vessel to operate in Auckland and the first hydrofoiling tourism vessel to operate in the world. NetZero Maritime, Fullers360’s specialist maritime green technology and innovation team, has played a pivotal role in the adoption of this new type of vessel. Designed and built by Vessev (formerly Seachange) the VS-9 delivers smooth and quiet travel on the water like never before. The state-of-the-art vessel is currently undergoing sea trials out of Auckland, New Zealand, and the first VS-9 will be certified this year, entering commercial operation with Fullers360 thereafter. The nine-meter VS-9 will transport up to 10 passengers at a service speed of 25 knots providing an experience that is more like flying than sailing The VS-9 has a range of 50 nautical miles (57 miles/92.6km) thanks to state-of-the-art efficient hydrofoiling technology. Eric Laakmann, Vessev CEO, said: “We are in the earliest stage of a global transition to sustainable energy use. Our partnership with NetZero Maritime is one of the most powerful in the world in accelerating the adoption of new technologies. There are 33 million vessels in the world today with sustainable vessels representing the smallest fraction. Through significant enhancements in efficiency, hydrofoiling will play a key role in this once-in-a-generation shift. Vessev’s expert team of marine engineers and boat builders, combined with Fullers360’s NetZero Maritime decarbonization team, has ensured the VS-9 is designed and built to align seamlessly with commercial and tourism transport requirements. “Our partnership integrates New …
Read More »Oman’s travel and tourism sector to contribute over OMR 3.3BN in 2024 to GDP
The global tourism body is forecasting that the sector will grow its GDP contribution to more than OMR 3.3BN in 2024, 7.6% of the country’s economy, and is projected to employ more than 206,000 people across the country, with one in fourteen people working in the sector. Domestic visitor spending is predicted to continue growing, to reach OMR 1.5BN, beating the 2019 level by just over 8%. Although international visitor spending is forecast to still be behind 2019 levels by OMR 142.3MN, it is expected to continue growing through 2024. The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) unveiled a promising future for Oman’s Travel & Tourism sector. With strong government support and strategic initiatives, the sector is poised to not only recover but to reach unprecedented heights this year. According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records. The sector witnessed a robust job growth of 15%, now employing 191,500 individuals nationwide. Last year, international visitors injected OMR 1.1BN into the economy, a remarkable 69% increase from 2022, while spending by domestic travellers rebounded to OMR 1.4BN. Oman’s status as a top tourist destination in the Middle East is clearer than ever, thanks to strategic government investment and support. These efforts are not only rejuvenating the economy but are also setting the stage for further increases in international travel spending and overall economic contribution from the sector. Julia Simpson, WTTC President & CEO, said; “Oman’s Travel & Tourism sector is on the cusp of an historic revival in 2024. “The Oman Government is a strong support of Travel …
Read More »GCC unified visa key focus at UN Tourism ME region meeting in Qatar
The importance of the unified tourist visa for the GCC countries, which is scheduled to come into force at the end of this year, and its role in contributing to supporting the process of sustainable and comprehensive economic development, was highlighted at the Regional Committee for the Middle East of the United Nations Tourism Organisation in Qatar. The meeting included constructive discussions on tourism investments and means of financing, by stressing that Qatar is characterized by having an attractive investment environment for local and foreign investors, thanks to economic stability capable of withstanding challenges and achieving growth in GDP. Qatar has seen the establishment of more than 800 new businesses and the implementation of 135 FDI projects with a total value of $29.78 billion. In addition, Qatar Tourism is keen to achieve service excellence in all aspects of the tourism sector through close cooperation with public and private sector institutions in the country, which contributed to providing an attractive and exceptional experience for visitors. Qatar Tourism, chaired by HE President of Qatar Tourism Saad bin Ali Al Kharji, is participating in the fiftieth meeting of the Regional Committee for the Middle East of the United Nations Tourism Organization, which was held in Muscat, Sultanate of Oman, and will continue until the 24th of this month. At the end of the meeting yesterday, it was announced that Qatar will host the next meeting of the Committee in its fifty-first edition. The selection of Doha to host the next meeting is an affirmation of Qatar’s role as a regional and global hub in cultural, economic and political exchange, thus enhancing cooperation between countries and contributing to the development of international relations, thus …
Read More »Saudi Minister of Tourism highlights the role of collaboration between tourism and aviation to drive economic growth
His Excellency Ahmed Al-Khateeb, Saudi Arabia’s Minister of Tourism, stressed the importance of collaboration between stakeholders from the tourism and aviation sectors to drive economic growth and create seamless travel experiences. Speaking at the Future Aviation Forum in Riyadh, the minister highlighted the Kingdom’s efforts to leverage new air connections to boost inbound tourism and accelerate sector growth. “Gathering here at the Future Aviation Forum, it is important to emphasize the intersecting relationship between tourism and aviation. Ensuring the strategic expansion and sustainability of air routes is critical for our tourism goals,” said Minister Al-Khateeb during his keynote speech titled “Sky High Tourism – Unlocking Destinations and Cultural Exchange Now and in the Future.” In the past two years, Saudi Arabia’s air connectivity network expanded greatly, with Saudi airports adding 28 new routes from international destinations. In the first four months of 2024 alone, airlines from key markets in Europe and East Asia have initiated direct flights to the Kingdom. These airlines include China Eastern Airlines, China Southern Airlines, Air China, ITA Airways, and Eurowings. With visitors from 66 countries now benefiting from the Saudi eVisa, the Kingdom’s tourism market has been on an upward trajectory in recent years. Recognized as the second fastest-growing tourism market globally in 2023, Saudi Arabia welcomed 107 million tourists, with 27.4 million of these being international arrivals. Tourism currently represents 4% of GDP in the Kingdom– with a target of 10% GDP contribution by 2030. Aiming to attract 150 million tourists by that year – of which 70 million will be international arrivals – global airlines and tour operators will play a key role in this development. Minister Al-Khateeb added, “This growth is a …
Read More »South Africa tourism focuses on Middle East market
Neliswa Nkani, Hub Head – MEISEA, South African Tourism shared that the team is here at the Arabian Travel Market to showcase their many offerings to the travel fraternity in the Middle East and the increase the numbers from the region by creating awareness among the travel trade. She reiterated that the Arabian Travel Market is the stepping stone for them to reach out to the GCC and Middle East as currently they do receive some good numbers from the United Arab Emirates as they have the connections to reach the destination but they are looking at increasing connectivity in the region to attract the numbers from the region as they have witnessed growth from the region over the past few years. She conducted a very comprehensive virtual tour of the destination within 30 minutes which made the media stay back and request for information on the beautiful nation in Africa.
Read More »AI set to shape the future of travel & tourism: WTTC
New reports from the World Travel & Tourism Council (WTTC) and Microsoft highlights the transformative power of Artificial Intelligence (AI) and its role in shaping the future of Travel & Tourism. The final two reports of a series on Artificial Intelligence from WTTC entitled “Responsible Artificial Intelligence (AI): Overview of AI Risks, Safety & Governance” and “Artificial Intelligence (AI): Global Strategies, Policies & Regulations,” underscore a commitment to a digital future that prioritises safety, ethical considerations, and responsible AI adoption. Launched during the global tourism body’s participation at the UN General Assembly in New York, these reports mark significant milestones in WTTC’s mission to promote innovation and excellence in customer experiences through the safe and trustworthy integration of AI. “Responsible Artificial Intelligence (AI)” delves into the potential risks associated with AI deployment and offers strategies for establishing frameworks that promote transparency, accountability, and fairness. From addressing bias and discrimination to ensuring human oversight of AI systems, this report empowers organisations to harness the power of AI responsibly. In the fourth and final instalment, “Artificial Intelligence (AI): Global Strategies, Policies & Regulations,” WTTC provides a detailed overview of the AI ecosystem across key countries and international organisations. It shows how policymakers are navigating the AI landscape and shaping regulations and strategies to foster AI innovation, while ensuring its ethical and responsible use. Julia Simpson, WTTC President & CEO, said: “In a rapidly evolving landscape, AI emerges as a catalyst for positive change. The insights provided in these reports demonstrate that AI is not just a technological advancement; it is a strategic tool that can personalise customer experiences, drive sustainable improvements, and shape the future of Travel & Tourism. “AI is already being used across our …
Read More »Global GDP impact predicted to exceed $11 trillion in 2024, travel & tourism set to break all records in 2024, reveals WTTC
The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for travel & tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. According to the global tourism body’s 2024 Economic Impact Research (EIR), Travel & Tourism will contribute an additional $770BN over its previous record, stamping its authority as a global economic powerhouse, generating one in every 10 dollars worldwide.As the global sector soars past its pre-pandemic prosperity, WTTC expects 142 countries of 185 analysed will be outperforming previous national records. In partnership with Oxford Economic, WTTC’s latest EIR showcases a sector briming with opportunities, underpinning almost 348MN jobs globally. This represents an increase of more than 13.6MN jobs compared to its highest point in 2019. International visitor spending is expected to come within touching distance of the 2019 peak, to reach $1.89TN, while domestic tourists are forecast to spend more than in any year on record to hit $5.4TN. A look back on last year Despite economic uncertainties and geopolitical shake-ups, the Travel & Tourism sector is thriving. With an economic injection of nearly $10TN, the sector matched its pre-pandemic zenith, flexing its resilience and proving its critical role in the global economy. Representing 9.1% of global GDP at just over $9.9TN in 2023, Travel & Tourism’s financial footprint was the largest it’s been since the golden year of travel in 2019, trailing its peak by a mere 4%. The sector also bolstered its workforce by an additional 27.4MN, propelling the total to nearly 330MN jobs worldwide. International spending increased by 33.1% to reach $1.63TN, underscoring a vibrant comeback story for many countries around the world, with domestic …
Read More »Tourism resilient industry in the GCC – Elmira
At the recent celebration of International Women’s Day by TTME, CEO and Founder of Elaxiom Tourism Elmira Heshmati shared that post covid has taught the world that tourism is the way forward and the most resilient. “Today we see the results as travel bounces back and it is the largest contributor which not just helps boost the economy of every country but also provide job opportunities, benefit communities as the infrastructure is also well planned out. Tourism is the most resilient industry when you compare it to other industries. It is the most long lasting one when compared to other industries. We are also very lucky to live in a country where various destinations are also promoted and tourism contributes to the economy and boosts the communities in every country.”
Read More »Quality is key at Satguru to ensure customer experience
In an exclusive interview with TravelTV MiddleEast Alan William – Chief Strategy Officer Satguru Travel shared that their main focus is “quality” to ensure customer experience as travel bounces back. He reiterated, “we own the product to ensure the quality of the places the end customer would encounter.” He added that investment into the various aspects in the travel, tourism and hospitality sectors are eminent as they forge ahead with new partnerships with various suppliers for the year. He mentioned these comments as Satguru travel recently hosted their valuable partners to an enchanting evening at the desert, titled “Gratitude in the desert” where over 100 top management officials from airlines, hotels, travel technology companies, attractions etc attended.
Read More »Tourism Development fund signs MoU with Dan to contribute to development of agritourism projects in the Kingdom
The Tourism Development Fund has signed a memorandum of understanding with Dan Company, one of the Public Investment Fund companies specializing in agri, eco, and adventure tourism that offers a mix of daytime hospitality experiences and overnight stays, with the aim of supporting investments in the agritourism sector in the Kingdom, in line with the objectives of the National Tourism Strategy. The agreement was signed by the CEO of the Tourism Development Fund, Qusai bin Abdullah Al-Fakhri, and the CEO of Dan Company, Abdulrahman Abaalkhail. This agreement comes within the framework of the Fund’s goal to support and encourage the private sector by providing financing programs for farm owners and developing the business of the agritourism sector, supporting the future of tourism and enhancing the Kingdom’s position as a promising global tourist destination. Commenting on the signing, Qusai bin Abdullah Al-Fakhri, CEO of the Tourism Development Fund, said: “This memorandum reflects our firm commitment to developing and enabling all investments in the tourism sector and creating qualitative investment opportunities for the private sector to support the future of the tourism industry in the Kingdom and enhance its competitiveness, providing unique experiences for our visitors. It also contributes to the sustainability and growth of the tourism sector, which is considered one of the pillars of economic development.” Al-Fakhri added: “Integrating rural agricultural elements into tourism programs will enrich visitors’ experiences and provide them with a unique opportunity to discover the beauty of nature and its competitive potential and to connect with the local agricultural culture.” Abdulrahman Abaalkhail, CEO of Dan Company, welcomed the signing of the memorandum with the Tourism Development Fund, stressing that it will support the development of agritourism …
Read More »