Category: Tourism Investment News
News and Information on tourism investments in the travel and tourism industry. Investment seminars, Banking information, investment conference, consulting and opportunities
Kuwait Airways takes delivery of its first two Airbus A330neos
Harry S. Johnson- October 29, 2020Kuwait Airways, the national airline of Kuwait, has received its first two Airbus A330neo aircraft. These aircraft are the first ... Read More
World Tourism Network (WTN) is your voice in a new Travel Industry
Juergen T Steinmetz- October 28, 2020A new organization for the travel and tourism industry has been making headlines. The World Tourism Network (WTN) already established ... Read More
Ko Olina Four Seasons Resort Sold to Hong Kong Company
Linda Hohnholz, eTN editor- October 27, 2020Henderson Land Group, a Hong-Kong based company, has become the sole owner of the Ko Olina Four Seasons Resort located ... Read More
Hong Kong Embraces New Norms of Travel
Linda Hohnholz, eTN editor- October 26, 2020A spotlight is shining on concerted efforts by Hong Kong Tourism Board public and private sectors in preparation for tourism ... Read More
W Hotels debuts in Southwest China with W Chengdu
Harry S. Johnson- October 26, 2020W Hotels Worldwide, part of Marriott International, expands its footprint into southwest China with a hot and spicy new addition ... Read More
Milan Bergamo Airport maintains 2030 development masterplan
Harry S. Johnson- October 26, 2020Milan Bergamo Airport continues to maintain its infrastructure development masterplan with the recent unveiling of the Italian gateway’s new extra-Schengen ... Read More
World Tourism Network (WTN): The alternative voice for the global travel industry
Juergen T Steinmetz- October 23, 2020World Tourism Network (WTN) is the long-overdue voice of small and medium-size travel and tourism businesses around the world. By ... Read More
Outrigger Hotels and Resorts in Hawaii and Thailand: Smiling behind a mask
Juergen T Steinmetz- October 23, 2020How can you smile behind a mask? Outrigger Hotels and Resorts may be a shining example to document how the ... Read More
First international flight utilizing CommonPass digital health system arrives to US
Harry S. Johnson- October 21, 2020U.S. Travel Association President and CEO Roger Dow issued the following statement on the arrival in the U.S. of the ... Read More
Singapore Tourism partners with Expedia to target international markets
Harry S. Johnson- October 21, 2020Singapore Tourism Board (STB) and Expedia have inked a two-year global marketing partnership. Its focus is to stimulate the local ... Read More
East West Aeronautical Expansion leads to $200M investment offer
Harry S. Johnson- October 20, 2020Today, an interested Indonesian investor and the Aviation Management and Industrial Drone Franchise Company, East West Aeronautical (EWA), announced a ... Read More
Flybe could be flying again by 2021
Harry S. Johnson- October 20, 2020Flybe recently said that it could be flying again next year, after administrators announced a successful deal had been agreed ... Read More
UNICEF to stockpile over half a billion syringes for COVID-19 vaccine by year’s end
Chief Assignment Editor- October 19, 2020As soon as vaccines are licensed for use, the world will need as many syringes as doses of vaccine, said ... Read More
Major US hotel CEOs call on Trump for relief
Harry S. Johnson- October 16, 2020The CEOs of major hotel brands including Hilton, Hyatt, Marriot, IHG and Best Western as well as small, independently owned ... Read More
DESCAP 1 Private Equity Trust to acquire up to 8 hotels in Thailand
Andrew J. Wood - eTN Thailand- October 16, 2020Destination Capital PTE., LTD., (DC) and KTB Securities (Thailand) Public Company Limited (KTBST SEC) announced the launch of DESCAP 1 ... Read More
Fly Leasing closes new $180 million Term Loan
Harry S. Johnson- October 15, 2020Fly Leasing Limited today announced it has closed a new $180 million Term Loan. The interest rate on the five-year ... Read More
Travel & tourism sector deal activity down by 11.3% in September
Harry S. Johnson- October 15, 2020A total of 102 deals were announced in the global travel and tourism sector during September 2020, which is a ... Read More
WTO authorizes tariffs on $4 billion of US exports to EU in Boeing subsidies case
Harry S. Johnson- October 13, 2020The World Trade Organization (WTO) has announced its decision that the European Union will be authorized to impose tariffs on ... Read More
Munich Airport International to develop and operate El Salvador Airport Cargo Terminal
Harry S. Johnson- October 12, 2020Munich Airport International (MAI), the German based airport management and consulting firm, and EMCO, a Honduran construction company, have been ... Read More
Travelport signs multi-year agreement with CTI Business Travel
Harry S. Johnson- October 12, 2020Travelport announced today that CTI Business Travel, an international full-service travel management company, has completed its full Global Distribution System ... Read More
Sheremetyevo Airport’s main taxiway construction approved
Harry S. Johnson- October 10, 2020The Main Construction Expert Review Agency (Glavgosexpertiza) of Russia has approved the design engineering surveys for construction of the remaining ... Read More
Puglia Implements Extraordinary Tourism Plan
Mario Masciullo - eTN Italy- October 9, 2020The Puglia region, also known as Apulia, has implemented what it calls the Extraordinary Plan, "Let's take care of tourism ... Read More
Airbus delivers third A321neo aircraft to Middle East Airlines
Harry S. Johnson- October 9, 2020Middle East Airlines (MEA) has taken delivery of Airbus’ A320 Family aircraft with manufacturer serial number 10,000. MSN10,000 is the ... Read More
How the travel and tourism industry can survive Coronavirus
Juergen T Steinmetz- October 8, 2020In a historic first, G20 Tourism Ministers hosted more than 45 CEOs and Members of WTTC, who presented their plan ... Read More
G20 tourism leaders intensify efforts towards sustainable recovery
Harry S. Johnson- October 7, 2020Tourism Ministers of the G20 nations have committed to stepping up their efforts to place sustainability and inclusion at the ... Read More
Hawaii Governor Ige says no to keeping all visitors safer
Juergen T Steinmetz- October 5, 2020Kauai Mayor is alarmed and disappointed after Hawaii's Governor told him no to keep all tourists visiting Kauai safe. Kauai ... Read More
San Francisco to Shanghai again flying nonstop
Juergen T Steinmetz- October 4, 2020US-China relations are at an all-time low. US President Trump blames China to be responsible for the spread of COVID-19, ... Read More
Rwanda Woos Investors for Kigali Tourist Facilities
Apolinari Tairo - eTN Tanzania- October 2, 2020Rwanda government is looking for investors to venture into dedicated recreational zones aimed to make the capital city of Kigali ... Read More
Airbnb’s City Portal will improve brand image ahead of IPO
Harry S. Johnson- October 1, 2020Following Airbnb’s recent launch of its City Portal for local governments, industry analysts agreed that an increase in transparency holds ... Read More
New Berlin Brandenburg airport to open October 31
Harry S. Johnson- September 29, 2020Germany’s third largest airport, Berlin Brandenburg “Willy Brandt” airport BER, is scheduled to open on 31 October 2020. IATA code ... Read More
Chinese electric carmaker exhibits flying car prototype at Beijing motor show
Harry S. Johnson- September 26, 2020The Guangzhou-based electric vehicle maker Xpeng presented a prototype of a flying car that the company is currently developing at ... Read More
US Travel: Small businesses in grave peril unless Washington acts
Harry S. Johnson- September 23, 2020More than half (55%) of all small travel businesses in the U.S. are at risk of either taking longer than ... Read More
The Danger of being a Safe Travels Stamp Destination
Aleksandra Gardasevic-Slavuljica- September 22, 2020Tourism Montenegro just received an important approval by the World Travel and Tourism Council (WTTC) . Montenegro is now one ... Read More
UNWTO Social Distancing Policy and Masks are a big NO
Juergen T Steinmetz- September 22, 2020The UNWTO Executive Council met last week in Georgia. This was a controversial session not only because the event was ... Read More
China promises one-hour travel anywhere in the world by 2045
Harry S. Johnson- September 19, 2020Bao Weimin, a member of the Chinese Academy of Sciences, announced that China's top space travel researchers are working on ... Read More
Sweden becomes a front-runner in sustainable aviation
Harry S. Johnson- September 17, 2020Sweden has an ambitious target of being fossil-free by 2045. As a part of the initiative, the Swedish Government announced ... Read More