sheharareeezly

Turkish Airlines increased its passenger capacity by 5.4% in the third quarter of 2024, carrying 24.5 million passengers and recording a Profit from Main Operations of 1.3 billion USD

Despite ongoing global geopolitical tensions, bottlenecks in aircraft production, and engine problems, Turkish Airlines continued its growth uninterruptedly thanks to its agility and extensive flight network, increasing passenger capacity by 5.4% in the third quarter of 2024. In the July-September period of 2024, Turkish Airlines’ total revenues increased by 4.9% year-on-year to 6.6 billion USD, even with the high base effect from the same period in 2023. Passenger revenues, which accounted for 84% of the total, increased to 5.6 billion USD driven by the strong contribution from the Far East region. At the same time, our Incorporation’s third-quarter cargo revenues rose by 47% year-on-year to 911 million USD. Turkish Cargo increased the amount of cargo transported by 16.8% compared to the same period in 2023 and became the world’s third-largest air cargo carrier in September, with a market share of 5.7%, according to data published by the International Air Transport Association (IATA). Due to competitive pressure on passenger unit revenues along with the negative impacts of global inflationary environment and engine problems on costs, Profit from Main Operations recorded as 1.3 billion USD in the third quarter of 2024. Our Incorporation’s EBITDAR amounted to 2.3 billion USD and EBITDAR margin stood at 35.2%, exceeding both its historical average and peers. Financial income generated through Turkish Airlines’ effective and dynamic portfolio management also played a key role in supporting net profit. Aiming to expand its fleet to 800 aircraft by 2033 as part of its 100th Anniversary Strategy, Turkish Airlines increased its number of aircraft by 9% in the first nine months of the year to 467 in spite of bottlenecks in aircraft production. As a part of its diversification strategy …

Read More »

Air India advances partnership with Sabre with launch of NDC content

Sabre Corporation  announced a major milestone in air travel distribution for India, with the launch of New Distribution Capability (NDC) content for Air India, the country’s flagship airline. As part of Air India’s strategic modernization efforts, the introduction of NDC offers through Sabre will enhance the way Sabre-connected travel agents shop, book and service Air India reservations. Sabre’s NDC capabilities, a core component of its multi-source content platform, will provide agencies with rich content and real-time offers from Air India, ultimately, giving travelers greater transparency, choice, and flexibility. Nipun Aggarwal, Chief Commercial Officer, Air India, said: “At Air India, our aim is to deliver superior customer service through innovative technologies. By continuing to enhance our partnership with Sabre, we’re able to advance our NDC journey to meet the evolving needs of travel agencies and passengers, providing an enhanced experience.” Sabre and Air India already have an agreement in place to distribute Air India’s traditional content, both in India and globally. With the launch of NDC offers through Sabre, Air India aims to further optimize its distribution strategy, providing travel agencies with a broader range of real-time offers. By using Sabre’s technology, the airline will be able to offer a more streamlined, efficient shopping experience that meets the dynamic needs of the modern traveller. “We’re energized to extend our collaboration with Air India by launching their NDC content and helping to enhance their distribution capabilities,” said Kathy Morgan, Senior Vice President of Product Management, Distribution Experience, Sabre Travel Solutions. “India is a key market for Sabre and for the travel industry overall as it fuels increased demand for travel. It’s important that the airline can distribute its NDC content easily to …

Read More »

Discover Saudi partners with Heavens Portfolio to drive tourism from China to Saudi Arabia

Discover Saudi (part of Almosafer), has partnered with Heavens Portfolio to promote their services in China. The new collaboration will enable Almosafer’s Destination Management Company to showcase its rich array of services to a whole new audience in China. The partnership follows the news of Saudi Arabia receiving the Approved Destination Status from China, enabling easier travel to the Kingdom. It also aligns with Almosafer’s commitment to enhance inbound tourists to the Kingdom in line with Saudi Vision 2030. China’s rapidly growing significance in the global travel sector has made it a lucrative market for international travel and tourism companies. Almosafer’s leading status within Saudi Arabia’s dynamic travel ecosystem has made it a global portal for inbound tourists seeking access to the top-tier travel destination. Muzzammil Ahussain, Chief Executive Officer of Almosafer, said: “Our partnership with Heavens Portfolio aligns with our larger strategic plan to penetrate further into the expanding Chinese market. The Kingdom today offers a rich and diverse tourism experience for international travellers with curated services and personalised offers for discerning Chinese tourists. By collaborating with like-minded partners to elevate our offerings and enable wider access to the services Almosafer provides, we showcase our deep understanding of the Chinese tourism sector even as we play a key role in promoting tourism within the Kingdom.” Christine Galle, Founder and CEO of Heavens Portfolio, said: “We are thrilled to announce our partnership with Discover Saudi at a pivotal moment for the Kingdom as it emerges as a major player in the global tourism landscape. This collaboration represents a remarkable opportunity for both Heavens Portfolio and Discover Saudi to harness the potential of this dynamic market. Together, we aim to showcase …

Read More »

Diriyah Company signs strategic trade travel agreements for Diriyah, The City of Earth, with Saudi tourism firms Tetrapylon, 88 Destinations and Athaar

Diriyah projected to attract 50 million annual visits by the turn of the century, will gain increased visibility through a series of new travel trade agreements signed by Diriyah Company at WTM 2024 in London with leading Saudi tourism partners. The collaborations, with Tetrapylon DMC, 88 Destinations, and Athaar Arabia DMC, are designed to further elevate Diriyah as a premier global cultural and tourism destination. Under the agreements, Diriyah Company and its travel partners will collaborate to promote Diriyah, The City of Earth, as a leading premium cultural destination for discerning global travelers. Working together with these partners Diriyah Company will produce tourism reports and develop a comprehensive marketing toolkit to highlight the various offerings for inbound cultural travelers visiting the Kingdom in groups. The agreements follow two travel trade agreements signed on the first day of WTM with global luxury firm Abercrombie and Kent and local Saudi travel platform, Almosafer. All five of the travel partner agreements are aimed at positioning Diriyah, The City of Earth, as an emerging must-visit destination on the global tourism map. Diriyah Company recognizes the impact of leveraging the expertise of world class specialized partners to further enhance its marketing efforts and ensure access to top-tier market data, ultimately delivering world-class visitor experiences. Jerry Inzerillo, Group CEO of Diriyah Company, said: “We are delighted to have signed three additional travel trade agreements with leading international and Saudi based travel companies. These strategic collaborations will enhance our appeal to both domestic and global tourists as we continue our journey in transforming Diriyah, “The City of Earth”, into a world-class destination for discerning travelers and international explorers.” Diriyah Company is participating in WTM 2024 to provide …

Read More »

The 2024/2025 cruise season kicks off in Qatar with the arrival of the luxury cruise ship “Resorts World One”

Qatar Tourism has launched its new cruise season 2024/2025, with the arrival of the luxury cruise ship Resorts World One, which is expected to become the largest in the history of the industry, with 95 cruises, including 33 partial turnovers, 11 departure and return flights, and 4 flights arriving in Qatar for the first time. The luxury cruise ship Resorts World One has launched its first voyage to Qatar and is scheduled to make 23 scheduled visits, carrying 72,000 visitors. Qatar is expected to welcome more than 430,000 visitors from November 2024 to April 2025. During the season, renowned cruise ships such as Minechef 4, MSC Euribia, Aida Prima, Costa Esmeralda, Norwegian Sky and Celestial Journey will dock at Doha Port, reinforcing Qatar’s growing position as a leading global cruise tourism destination. Building on the success of theprevious cruise season 2023/2024, during which Qatar welcomed 73 cruise ships and more than 347,000 visitors, the new season is expected to continue the pace of growth in the cruise sector with a new record performance. During the previous season, Doha Port welcomed world-renowned vessels such as MSC Vertusa , Seaborne Encore, Aida Prima, Artania, Minechef 2, Azamara Journey and MS Rivera. and MS Hamburg and Norwegian Down. H.E. Saad bin Ali Al Kharji, President of Qatar Tourism, said: “Stimulating the growth of Qatar’s cruise sector is a key component of our National Tourism Strategy 2030, and the 2024/2025 cruise season is expected to see a 30% increase in the total number of vessels, as well as a 24.5% increase in the total number of visitors compared to the previous season, reflecting the growing demand for cruises in the region. With new partnerships …

Read More »

“350k European tourists visited Sharjah this year”: Chairman SCTDA

The Sharjah Commerce and Tourism Development Authority (SCTDA) has successfully concluded its participation in the 43rd World Travel Market (WTM) in London. The three-day event, which attracted thousands of professionals from the global travel and tourism industry, helped SCTDA to reinforce Sharjah’s position as a rapidly growing destination for international tourists. WTM 2024 provided SCTDA with a prime platform to highlight its diverse and rich tourism offerings to a diverse audience of industry professionals, particularly those from Europe, which represents a significant and growing tourism market for Sharjah. His Excellency Khalid Jasim Al Midfa, Chairman of SCTDA, highlighted the strategic importance of the EU market to Sharjah’s tourism ambitions. “With almost 350,000 European tourists visiting Sharjah this year, which accounts for 7% increase from last year this shows that the Europe continues to be a vital market for us. We anticipate even stronger growth by the end of 2024, driven by our active engagement in platforms such as WTM.” At a well-attended press conference held at WTM on November 7, SCTDA unveiled significant advancements in the emirate’s tourism infrastructure alongside new hospitality projects that promise to enhance Sharjah’s appeal as a destination of choice for cultural, leisure, and adventure tourism. Key highlights included the Sharjah Safari, the largest safari park outside Africa, and the Moon Retreat, an innovative desert glamping experience, which offers a new concept and style of accommodation experiences amidst nature. “Sharjah Tourism” will also highlight the natural and topographical diversity that characterizes Sharjah’s tourism product, ranging from cultural, leisure, environmental, and beach experiences to adventures, alongside hotel accommodation experiences. These projects underscore the emirate’s commitment to expanding its offerings and products in the fields of eco and adventure …

Read More »

Almosafer announces partnership with Mandarin Oriental Hotel Group to elevate luxury hospitality network

Almosafer entered into a global strategic partnership with Mandarin Oriental. The significant partnership, announced at World Travel Market London 2024, provides Almosafer exclusive access to Mandarin’s highly rated global property portfolio of 41 hotels and resorts, elevating Almosafer’s luxury hospitality segment. The global direct connectivity agreement with a special focus on Saudi Arabia follows the growing demand for ultra-luxury travel among Almosafer’s clients. It will enable Almosafer’s B2B and B2C customers to gain access to Mandarin Oriental Hotel Group’s global portfolio of 41 properties across 26 countries. Travellers will enjoy direct access to real-time inventory and competitive pricing through Almosafer’s consumer platforms as Almosafer elevates its luxury offerings and enhances its services to high-end customers. The partnership will further enable Almosafer to promote Mandarin Oriental to travellers from Saudi Arabia and beyond. The partnership will also provide the luxury Group access to Almosafer’s extensive network of agents through their Destination Management Company, Discover Saudi, resulting in greater brand visibility and reach for Mandarin Oriental’s KSA properties. Muzzammil Ahussain, Chief Executive Officer of Almosafer, said: “We are delighted to elevate our luxury offerings through our newly inked agreement with the prestigious and iconic Mandarin Oriental Hotel Group. While enabling the award-winning hotel group greater brand visibility through our omnichannel portfolio, we look forward to enhancing our unique offerings to our discerning clients through this significant partnership. At Almosafer, we’ve always strived to set industry benchmarks, and I’m confident the luxurious Mandarin Oriental Hotel Group will add to the allure of our attractive hospitality portfolio.” Geoffrey Webb, Vice President, Global Sales at Mandarin Oriental adds: “We are thrilled to embark on this strategic partnership with Almosafer, which allows us to expand our …

Read More »

Ajman Tourism Development Department signs two strategic MoUs with Coral Touristik GmbH and Vtours

The Ajman Tourism Development Department (ATDD) signed two memorandums of understanding (MOUs) with Coral Touristik GmbH, a leading tourism services provider, and Vtours, a renowned tour operator, on the sidelines of the department’s participation in the World Travel Market. The new agreements demonstrate the Department’s commitment to expanding its strategic alliances with foreign travel and tourism firms in order to share best practices and methods in the areas of hotel reservations, tourism services, and exchange of expertise and knowledge. The move is set to elevate the Emirate of Ajman’s position on the global tourism and hospitality map. The MoUs were signed in the presence of His Excellency Mahmood Khaleel Alhashmi, Director General of the Ajman Tourism Development Department, and Ms. Sabine Jordan-Glaab, CEO of Vtours, and Mr. Koray Cavdir, Chief Operating Officer – Central Europe at Coral Touristik GmbH. Commenting on the partnerships, His Excellency Mahmood Khaleel Alhashmi said: “We at the Ajman Tourism Development Department are pleased to work with Coral Touristik GmbH and Vtours as part of our efforts to deepen strategic alliances with leading tourism businesses, contributing to the Emirate of Ajman’s standing as a popular tourist destination. We are confident that these agreements will play a pivotal role in developing pathways of communication and facilitating exchange of expertise, thus enhancing our capacity to offer exceptional travel experiences and propelling the Ajman’s tourism industry to new heights.” Among the provisions of the agreements are cooperation in developing promotional plans and strategies, exchange of data and insights, as well as the exploration of new techniques and methods that will improve tourism experiences. The partnerships will also enable the provision of advisory services in support of the department’s objectives …

Read More »

Developing accessible tourism ‘makes business sense’

Developing accessible tourism facilities and activities “makes business sense”, World Travel Market London delegates heard. Ryan Smith, the founder of The Access Agency, said investing in the accessible sector can generate $13 for every dollar spent. He said 25% of inbound tourists to Australia have access needs, adding: “If you do it well, you are not leaving people behind, and you are not leaving money on the table. We are a loyal cohort, we stay longer and go in shoulder seasons. The industry is a bit slow to catch up…but it will eventually catch up.” He told the WTM diversity, equality, accessibility, inclusion and intersectionality (DEAI) summit about how attitudes to disability, government policies, technology and representation are improving, adding: “You can see people with disability in media, in boardrooms. I think that stigma is really starting to become reduced.” He highlighted how adaptive equipment can help wheelchair users to explore the great outdoors, citing examples in his native Australia and his travels to places such as Machu Picchu in Peru. Furthermore, public bodies in Australia are developing accessible beaches and a directory listing more than 70 such sites, which offer beach padding for wheelchairs and special types of wheelchairs. Other facilities include “discovery tents” and all-terrain wheelchairs in Victoria. “If I was a tour operator or developing a tourism product…I would certainly be thinking about how I might integrate this into my offering,” he said. Queensland has designated 2023-24 as the year of accessible tourism, ahead of Brisbane hosting the Paralympics 2032, which has seen more funding for outdoor inclusive and accessible experiences. “We are seeing the private sector start to lean into this as well,” he said, pointing …

Read More »

Trip.com Group outlines global perspective on technology innovation at scale

Trip.com Group is globally committed to a customer-centric approach highlighting the technology to empower it, as a key to travel’s future. Boon Sian Chai, Managing Director and Vice President, International Markets, Trip.com Group, took the stage as the keynote speaker for the Technology Track taking place at World Travel Market London. Chai’s perspective on customer-centricity was put into context by the moderator Timothy O’Neil Dunne, who told the packed auditorium that what they were about to hear about “[is] not pie in the sky stuff, this is live, in operation, today.” Artificial intelligence underpins most of Trip.com Group’s innovations. He mentioned initiatives including: Trip.Best, a tool that provides personalized hotels, destination, restaurants, and experiences recommendations based on analysing over 100 million user reviews and TripGenie, an AI travel assistant capable of crafting itineraries and answering queries, which has served about 3 million users and elevated engagement. Chai also talked about Hotel + X, a product which allows hoteliers to promote their property on Trip.com as a holistic experience by allowing them to upsell the unique features of the property or its location as a “rooms-plus” package. The 8,000 hotels who have signed up for the product are seeing an average increase of 30% in their ADR, he said. Trip.com Group is taking a global approach to its innovation roadmap, with localisation capabilities built in. Chai noted that travellers in Europe have a greater interest in sustainability, so Trip.com’s points of sale in Europe can surface sustainability information during the search stage and provide recommendations. Conversely in the Middle East, delivering the correct tone of voice of the many languages needed to serve the region’s travellers is essential. Chai also hinted …

Read More »