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Stella Stays reveals 81% of residents and guests are Millennials and GenZ

Stella Stays revealed that 81% of residents and guests are Millennials or GenZ according to their latest data showcasing trends in purchasing power and behavioural profiles from Gen Z and Millennials renters amidst real estate industry shifts, with this audience base constituting 46% of the global population and growing. The company’s data showcases that 81% of residents and guests at Stella Stays residences are Millennials and Gen Z, the next-generation renters. With the steadfast rising cost of becoming a homeowner, Millennials and GenZ often turn to renting, despite it being a tedious and inconvenient process by traditional means, rife with inconsistencies, untrustworthy rates, lack of flexibility and limited experiences. Recognizing the unique challenges faced by this demographic, Stella Stays redefines renting from a commodity to a horizontally integrated experience that appeals to the same target audience as other tech-enabled services like Careem, Talabat, Apple and Netflix. This is achieved by offering a tech-driven flexible living platform including furnished apartments with versatile payment options including cryptocurrency, designer interiors, prime locations, community spaces and year-round modern services – mirroring the convenience of a hotel in a residential space and eradicating the inconveniences synonymous with traditional rentals. The tech-savvy, trendy and well-traveled next-gen renters view living as an experience rather than a commodity. They prefer features such as technology, indoor and outdoor community spaces, and enhanced design facets, and Stella Stays listened. From smart home systems to design upgrades with modern touches, the company prioritizes modern aesthetics and functionality. The residences’ appeal extends beyond the physical features; Stella Stays strategically creates living spaces that are social media friendly and invests in design upgrades to captivate the “Instagram-able” lifestyle of its major audience. Collaborating …

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Saudi Arabia receives 14.6 million inbound tourists in H1 2023 : KSA Ministry

Saudi tourism statistics achieved positive results during this year, with total number of tourists (overnight visitors for all purposes) reaching (53.6 million), including (39.0 million) domestic tourists and (14.6 million) inbound tourists. The Ministry of Tourism is delighted to announce the preliminary data for the first half of 2023 tourism statistics, which demonstrates the continuous achievements following 2022’s remarkable growth within the tourism sector, in addition to informing local and international investors on the sector’s latest updates, this confirms the effectiveness of the Ministry of Tourism and its partners efforts in attracting visitors by enhancing the tourism products and quality of services, in addition to improving visa structures. Saudi tourism statistics achieved positive results during this year, with total number of tourists (overnight visitors for all purposes) reaching (53.6 million), including (39.0 million) domestic tourists and (14.6 million) inbound tourists. The total tourism spending reached (SAR150 billion), of which (SAR 63.1 billion) came from domestic tourism and (SAR 86.9 billion) from Inbound tourism, that indicates a new historical record for Saudi tourism. Inbound tourism achieved historical record numbers in the first half of 2023, recording an increase of (142%) in number of tourists and (132%) in total tourism spending vs. the first half of 2022. With the continuous development of the tourism sector, there has been an increase in the number of tourists for all purposes with leisure tourists showing the highest growth (347%) vs. the first half of 2022. Domestic tourism in the first half of 2023 recorded a growth of (16%) in tourism spending, due to the average length of stay increasing from (4.6) nights in the first half of 2022 to (6.3) nights in the first half of …

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FITUR Cruises 2024 acts as the epicentre of the cruise sector during FITUR with conferences and activities

Once again, ‘blue tourism’ will be taking centre stage at the International Tourism Trade Fair, FITUR, organised by IFEMA MADRID from 24 to 28 January 2024. The FITUR Cruises section will convert Hall 4 into the epicentre of the cruise industry, with destinations and major companies showcasing a wide range of experiences through a full programme of activities, conferences and stands. Over the five days of the 44th edition of FITUR, this section will become the maritime enclave of reference where industry professionals and the general public can enjoy networking sessions, practical talks, dynamic events for all ages and meet-ups with the aim of promoting a deeper understanding of this holiday offer for travel agents and passengers alike. Noteworthy participants of FITUR Cruises With an impressive stand space, the iconic Disney Cruise Line will be bringing the magical experience of its cruises and dream-like destinations. Celebrity Cruises and Azamara will also be present at FITUR on their own stands, as will the renowned cruise line Costa Cruceros, with a double stand in front of the FITUR Cruises auditorium that will recreate the deck of a ship and showcase the new features of its itineraries for 2024 and 2025. As a new addition, the Turkish company specialising in cruises around the Greek islands and Eastern Mediterranean, Miray Cruises, will be participating for the first time at FITUR and will be presenting its programme for 2024. Among the tourist destinations, it is worth highlighting the presence of Ceuta, which will be revealing the wonders that cruise passengers can enjoy when disembarking at its Mediterranean port and which is presented as one of the undiscovered jewels of this coast. The non-profit organisation Mercy …

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Riyadh Air collaborates with Accenture to build core technology capabilities

Riyadh Air has signed a three-year strategic agreement with Accenture to help deliver its technology foundation and capabilities as part of its vision to be the world’s first digitally native airline. The initiative will enable Riyadh Air to operate in a new era of aviation with digital services at its core, using cutting-edge technologies such as cloud data and AI to help deliver a seamless travel experience for its guests and employees. The core enterprise system will enable the company to scale as it aims to offer over 100 destinations by 2030. Accenture will help set up Riyadh Air’s cloud-only infrastructure, cybersecurity capabilities, managed services and operations as the airline gears up for its launch. Adam Boukadida, chief financial officer of Riyadh Air, said, “As a digitally native airline, Riyadh Air will be at the forefront of innovation and technology, allowing us to deliver world-class service to our guests. There is a considerable amount of unseen work taking place behind the scenes enabling both our operations and user experience, with Accenture, as our strategic technology partner, helping us to deliver, secure and operate foundational capabilities.” Emily Weiss, senior managing director at Accenture and head of its Travel practice globally, said, “The launch of Riyadh Air is a landmark moment for the aviation industry as a whole; a brand-new airline that’s designed from the ground up, harnessing the latest technologies to create hyper-connected experiences that meet the demands of today’s, and tomorrow’s travelers. Drawing on our deep industry and digital expertise, we are proud to be collaborating with Riyadh Air to help shape the future of travel.” Boukadida added, “Accenture is pivotal in enabling Riyadh Air’s cloud-first strategy, and our unique …

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ATM establishes official partnership with ICCA and GBTA as global business travel spending to reach US$1.8 trillion by 2027

Arabian Travel Market (ATM) announced a strategic partnership with the International Congress and Convention Association (ICCA) and the Global Business Travel Association (GBTA) for the upcoming edition of the event, which takes place from 6-9 May 2024 at the Dubai World Trade Centre. The renowned global organisations have been appointed as ‘Knowledge Partners’ for the regional trade show, providing in-depth insights and opportunities for the thriving segments of business events and travel. According to the ICCA statistical forecast, which charts the history and performance of the International Association Meetings Industry from 1963 to 2022, 10,602 business events were recorded worldwide last year, of which 9,009 (85%) were in-person. This represented an astounding 349% increase from the previous year when only 2,007 in-person events occurred. Interestingly, the Middle East accounted for the highest percentage of in-person delegates (94%) in last year’s official figures. The business travel industry is also experiencing significant growth, as evidenced by statistics from the 2023 GBTA Business Travel Index™ Report, which found that the global business travel industry rebounded faster than expected in 2023. Pent-up demand following the pandemic and healthier economic conditions than forecasted were highlighted as significant contributing factors for this shift. The report also stated that global business travel spending rose by 47% to $1.03 trillion last year and is expected to grow to nearly $1.8 trillion globally by 2027. Danielle Curtis, Exhibition Director, Arabian Travel Market, said: “All of the latest research suggests that the business events and business travel sectors are going from strength to strength. These sectors have always been important verticals at ATM, and the official partnership with ICCA and GBTA for the 2024 edition will take our offering to …

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Etihad and China Eastern Airlines strengthens strategic cooperation

Etihad Airways and China Eastern Airlines signalled their intent to strengthen their partnership by signing a Strategic Cooperation Memorandum of Understanding (MoU), to enhance commercial and operational ties. The accord reflects a commitment to explore a deepened co-operation that will provide travellers with wider choices, higher quality services, and increased value, while contributing to sustainable aviation. Building upon their successful existing partnership, the airlines plan to implement a broad collaboration including an expanded codeshare, reciprocal loyalty programmes, cargo transport, maintenance, repair and overhaul, ground handling, catering, lounge access, staff training, and several sustainability initiatives. This comprehensive approach will improve efficiencies while maintaining world-renowned hospitality. The MoU should facilitate China Eastern’s ambition to begin services to Abu Dhabi through its discussions with Abu Dhabi Airports, the Department of Culture and Tourism of Abu Dhabi, and other key stakeholders in the UAE capital. A combination of Etihad and China Eastern services, which would coincide with the newly opened Terminal A at Abu Dhabi International Airport, will create a robust platform for China-UAE air traffic and establish an ideal launchpad for connections between China, the Middle East, and Africa. Antonoaldo Neves, Chief Executive Officer of Etihad Airways, emphasised the significance of the partnership. He said: “Our two airlines have operated an enduring partnership for over a decade. This MoU is an important milestone and a key to establishing a long-term mutually beneficial cooperation. I am highly encouraged by the momentum of our cooperation, and I look forward to seeing further success. “It also marks a significant development of the direct links between Abu Dhabi and China and underscores the confidence of one of the most influential Chinese carriers in Etihad. The MoU paves …

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Tilal Liwa Abu Dhabi wins Best Desert Resort title at Arabian Travel Awards 2023

Tilal Liwa Abu Dhabi wins ‘Best Desert Resort’ title at the sixth edition of the Arabian Travel Awards 2023.  Diana Kornilakis, General Manager, Tilal Liwa Hotel shared, “The team of Arabian Travel Awards did an amazing job, the planning and execution of the event was spotless. Winning the Arabian Travel Award is a validation of hard work, dedication and excellence in the travel industry. It is a pride to be recognized and appreciated by peers and industry experts. Winning an award is a motivation to continuously strive for excellence. It inspires to maintain high standards and push boundaries in the hospitality field.”  

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Malta Tourism Authority wins Best Market Engagement by a tourism board award at the Arabian Travel Awards 2023  

Malta Tourism Authority won the title as the ‘Best Market Engagement by a tourism board’ award at the sixth edition of the Arabian Travel Awards 2023. Faraz Ahmed Khan – General Manager – Aviareps shared, “The Arabian Travel Awards 2023 held special significance, recognizing the achievements of our clients, Mauritius and Malta. The event’s organization and entertainment were of top-notch quality! Congrats to ATA team. Securing an Arabian Travel Award 2023 is a significant emotional milestone. Winning in two categories is genuinely satisfying. Our immeasurable gratitude for this honor fuels the belief that we deserved even more. These awards are more than triumphs; they mirror our deep passion. Fueled by gratitude, we’re determined to surpass expectations in 2024, aiming for success in additional categories. Eagerly anticipating ATA 2024.”

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Etihad and Maldivian announces interline partnership

Etihad Airways and Maldivian announced a strategic bilateral interline partnership, unlocking access to 16 dream holiday destinations in the Maldives beyond the main island of Malé. The agreement between Etihad and Maldivian, the national airline of the Maldives, means guests can now seamlessly navigate across the Indian Ocean archipelago, enjoying the combined services and networks of both carriers on a single ticket. Etihad’s Chief Revenue Officer, Arik De said: “This interline will elevate the overall customer experience across the entire journey. Guests bound for the Maldives will enjoy the privilege of arriving at their popular holiday destinations with greater ease. Facilitated by smooth connections from Malé, Etihad customers can easily transition to Maldivian’s services, reaching a wide range of domestic destinations to begin their idyllic island retreat.” Maldivian’s General Manager Commercial, Ibrahim Hamdhan Mohamed said: “In an effort to expand Maldivian’s reach globally, this interline partnership with Etihad Airways will open exciting opportunities for our valued customers to connect and travel seamlessly within our strong and growing route network of destinations across the Maldives.” Etihad customers can access destinations on Maldivian’s network, which serves many popular islands, via Velana International Airport, Malé, including: Dharavandhoo Island (DRV), Faresmathoda Airport (FMT), Funadhoo Airport (FND), Fuvahmulak Island Airport (FVM), Gan Island Airport (GAN), Kooddoo Island (GKK), Hanimaadhoo Island Airport (HAQ), Kulhudhuffushi Airport (HDK), Hoarafushi Airport (HRF), Kaadedhdhoo Island Airport (KDM), Kadhdhoo Island (KDO), Madivaru Airport (LMV), Maafaru International Airport (NMF), Maavarulu Airport (RUL), Thimarafushi Airport (TMF), and Ifuru (IFU). Etihad is set to increase the frequency of its flights to Malé to connect with the Maldivian network from 10 to 14 a week starting on 1 January, 2024. The agreement also makes it …

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Hilton Cairo Nile Maadi slated to open by Q1 2024

Hilton Cairo Nile Maadi is slated to open by Q1 2024 in Cairo, Egypt. Overlooking the River Nile, Hilton Cairo Nile Maadi will be located within five kilometres of Cairo’s most popular attractions, including the Church of the Virgin Mary, Hanging Church, the Museum of Egyptian Civilization, and the Coptic Museum. Cairo International Airport CAI is 28 kilometres away. The hotel will offer several restaurants and bars, a full-service spa, an outdoor pool, and a fitness centre.

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