Tag Archives: 25%

With the global travel technology market currently valued at $10.7 billion, this year’s traveltech exhibitors at the Arabian Travel Awards will witness an increase of 25% year-on-year with leaders and innovators from around the world are preparing to steer the future of the tourism industry at the 32nd edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from 28 April to 1 May 2025. ATM 2025’s extensive conference programme and exhibition reflect this year’s theme, ‘Global Travel: Developing Tomorrow’s Tourism Through Enhanced Connectivity’. With Travel Tech exhibitors experiencing year-on-year growth of 25% and the segment’s exhibition space expanding by 22%, this year’s event will explore how technology is transforming the tourism sector, presenting new growth opportunities for enterprising start-ups and established multinationals alike. The Future Stage at ATM 2025 will host a range of expert speakers, who will explore how advances in fields such as analytics and machine learning, workplace collaboration, blockchain, next-gen mobility and augmented reality are driving our sector forward. This year’s event represents an unparalleled opportunity for exhibitors to showcase their innovations in front of an international audience of senior decision-makers and purchase influencers. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: “ATM Travel Tech draws together the best and brightest from across our industry, creating an unrivalled forum for discovery, debate and deal-making. Now more than ever, opportunities related to connectivity and integration are at the forefront of our minds, and they will take centre stage at ATM 2025.” According to IMARC Group, the global market for travel technology is on course to hit $18.6 billion in the next eight years, with a compound annual growth rate (CAGR) …

Qatar Airways Group has acquired a 25% stake in Southern Africa’s premier independent regional carrier, Airlink. The announcement is a continuation of the airline’s ambition to further develop its operations across the African continent. The investment in Airlink – which flies to more than 45 destinations in 15 African countries – will enhance a code-sharing partnership between the two airlines. The deal will bolster Qatar Airways’ Africa growth strategy and cement its role as a key driver to the continent’s economic success. On the announcement, Qatar Airways’ Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: “Our investment in Airlink further demonstrates how integral we see Africa being to our business’ future. This partnership not only demonstrates our confidence in Airlink, as a company that is resilient, agile, financially robust and governed on sound principles, but also in Africa as a whole, showing huge potential that I am delighted we are able to help start realising.” Airlink Chief Executive Rodger Foster said: “Having Qatar Airways as an equity partner is a powerful endorsement of Airlink and echoes our faith in the markets we currently serve and plan to add to our network. This transaction will unlock growth by providing efficiencies of scale, increasing our capacity and expanding our marketing reach. By bolstering Airlink and its business, this investment will strengthen all of the existing airline partnerships Airlink has nurtured over the years.” The partnership between Qatar Airways and Airlink seeks to align both carriers’ loyalty programs – Qatar Airways Privilege Club and Airlink Skybucks. Qatar Airways currently flies to 29 destinations in Africa, and there’s been strong growth in the market with new destinations added to the Qatar Airways network …

Hamad International Airport (DOH) has demonstrated exceptional growth in the first half of 2024, witnessing a significant increase of 25% in passenger traffic. Additionally, its aircraft movement has grown by 19%, total number of bags handled has grown by 19% and cargo operations has increased by 12%, in comparison to the first half of 2023. Hamad International Airport welcomed 25.9 million passengers in the first half of 2024, a 25% increase compared to the first half of 2023. This includes a 22.1% increase in point-to-point passengers compared to the same period last year. Point-to-point refers to the passengers flying directly into and out of Doha, reflecting significant growth in the number of airline partners operating from the airport, and the flourishing tourism sector in Qatar. Hamad International Airport expanded its network this year by welcoming new airlines partners, including Japan Airlines, Garuda Indonesia, China Southern Airlines, and Akasa Air. This is in addition to Iberia, Xiamen Airlines and Vistara joining the airport’s network late last year. This expansion underscores the airport’s commitment to enhancing connectivity and providing more travel options for passengers and has significantly boosted tourism, fostered trade relationships and fortified business ties between Qatar and the global community. Hamad International Airport experienced a notable 12% growth in cargo operations, in terms of cargo tonnage, compared to the same period last year. The demand from and to the Middle East experienced a remarkable 45.3% growth, driven by the recovery of airline operations between GCC countries, particularly the UAE, the Kingdom of Saudi Arabia, and the Kingdom of Bahrain. Traffic to and from Europe grew by 32.8%, supported by the launch of new destinations and increased capacity to existing destinations …