Tourism projected to account for 12% of UAE GDP this year, as GCC policymakers gather to discuss future of regional travel at ATM 2024
TravelDailyNews International
by Theodore Koumelis
9h ago
DUBAI, UNITED ARAB EMIRATES – Gulf-wide collaboration, ease of inter-regional travel and infrastructure development were placed under the microscope at Arabian Travel Market (ATM) 2024, which saw a selection of policymakers discuss thestreaml ining of the GCC’s thriving tourism industry. The 31st edition of ATM is being hosted at Dubai World Travel Centre (DWTC) until Thursday 9 May. H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, noted the tourism sector’s growing contribution to the Emirates’ economy in his opening comments on ATM 2024’s Global Stage. “According to the World Trave ..read more
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Tourism Innovation Awards 2024 call is now open to reward the most innovative projects in the Travel and Tourism industry
TravelDailyNews International
by Vicky Karantzavelou
9h ago
MADRID – TIS – Tourism Innovation Summit 2024, which returns to Seville, Spain, from 23 to 25 October for its fifth edition, will once again hold the prestigious Tourism Innovation Awards, awards that seek to recognize those entities, projects and initiatives that are committed to innovation, technology and digitization to drive the tourism sector towards a more efficient, competitive and sustainable future, always putting the traveler at the center. Silvia Avilés, director of TIS, explained that “we have more and more innovation, new business models and digital tools ..read more
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Embraer projects steady growth with optimistic 2024 forecasts and record backlogs
TravelDailyNews International
by Theodore Koumelis
9h ago
Embraer‘s management believes current estimates are still valid and represent evenly balanced risks and opportunities for full-year operations. Commercial Aviation deliveries between 72 and 80 aircraft, and Executive Aviation deliveries between 125 and 135. Total company revenues in the US$6.0-6.4 billion range, Adjusted EBIT margin between 6.5% and 7.5%, and Adjusted free cash flow of US$220 million or higher. Embraer delivered 25 jets in 1Q24 of which 18 were executive jets (11 light and 7 medium) and 7 were commercial jets – an increase of +67% compared to the 15 aircraft delivered in 1Q2 ..read more
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Understanding IRS statute of limitations
TravelDailyNews International
by Apollonas Kritikos
11h ago
The topic of the IRS Statute of Limitations can often seem convoluted and overwhelming for many taxpayers. However, comprehending this statute is crucial as it significantly impacts a taxpayer’s obligations and rights. The statute of limitations establishes the time limit within which the IRS (Internal Revenue Service) can assess taxes, conduct audits, and collect tax debts. Understanding these limitations can offer valuable insights for managing tax issues, avoiding surprises during tax season, and ensuring compliance with federal tax regulations. What is the IRS statute of limitations Under ..read more
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The best dining options on the mountains in Canada
TravelDailyNews International
by Apollonas Kritikos
11h ago
Have you ever imagined dining atop snow-capped mountains surrounded by “Peaktacular” views of alpine meadows and crystal-clear lakes? If yes, you must be transported to a dream world. Picture yourself experiencing the taste of scrumptious dishes while the crisp mountain air invigorates your senses. This is the magic of dining in the mountains of Canada. Whether you’re seeking a cozy log cabin nestled in the forest or an elegant mountaintop restaurant with floor-to-ceiling windows, the options are endless. From hearty comfort food to gourmet cuisine, there’s something to satisfy every palate a ..read more
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EasyJet joins forces with Ryanair and Wizz air to warn European Commission against limiting scope of non-CO2 MRV
TravelDailyNews International
by Vicky Karantzavelou
12h ago
easyJet has teamed up with Ryanair and Wizz air to send a letter to the Director Generals of the European Commission, urging them to maintain the full geographical scope of its Monitoring, Reporting, and Verification (MRV) for non-CO2 emissions. The airlines have appealed to the Commission that it must hold firm and ignore attempts being made by other industry actors to restrict the scope of the research to Intra-European flights only – arguing if pushed through this would be a huge missed opportunity to enhance understanding about non-CO2 effects in global regions. In a joint statement, the ..read more
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Ras Al Khaimah to elevate tourism with electric air mobility across the Emirate
TravelDailyNews International
by Theodore Koumelis
12h ago
LONDON, UK – Ras Al Khaimah Transport Authority (RAKTA) and Ras Al Khaimah Tourism Development Authority (RAKTDA) have taken a significant move towards transforming tourism and transportation in the Emirate by signing a future-forward Memorandum of Understanding (MoU) with Skyports Infrastructure (Skyports), the company leading the development of vertiport infrastructure for electric air taxi services. Marking the begining of an exciting partnership that will pioneer sustainable tourism through electric air mobility, this pivotal MoU will see Skyports develop a network of vertiports to connec ..read more
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Hospitable and Breezeway partner to level playing field for self-managed properties  
TravelDailyNews International
by Vicky Karantzavelou
12h ago
SAN FRANCISCO – Self-managers are getting the chance to bring their property operations in line with the biggest management companies as a result of a partnership between vacation rental management platform Hospitable and property operations specialist Breezeway. This is the first time that Breezeway has integrated with a PMS (Property Management Software) specifically dedicated to owners managing rentals themselves, without the help of a third-party property manager. Hosts leveraging Breezeway’s tools can now seamlessly sync reservation and listing data from Hospitable’s PMS d ..read more
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Sunrise Airways spreads its wings to the Eastern Caribbean
TravelDailyNews International
by Theodore Koumelis
12h ago
ST. JOHN’S, ANTIGUA – Sunrise Airways announced the largest expansion of its route network to date with the addition of new intra-regional flights connecting four destinations within the Eastern Caribbean – Antigua, Dominica, St. Kitts, and St. Lucia. The carrier will operate the new service beginning May 25, 2024 utilizing Embraer 120 (EMB-120) twin-turboprop aircraft, offering a maximum seating capacity for 30 passengers. Sunrise Airways Chairman and CEO, Philippe Bayard, commented on the new flights, saying: “All of us at Sunrise Airways have cherished each new route that we’ve inaugurated ..read more
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JR Technologies and Thomalex merge, creating end-to-end tavel retailing solutions provider
TravelDailyNews International
by Vicky Karantzavelou
13h ago
DETROIT – Industry leaders JR Technologies and Thomalex announce their merger, a strategic initiative aimed at bolstering their collective technological capabilities, expanding their market presence, and multiplying their ability to deliver impactful solutions to the travel sector. The merger combines the strengths and expertise of two leading companies in their field, poised to deliver innovation and exceptional service to clients worldwide. With complementary portfolios and a shared vision for the future, the newly formed entity is well-positioned to drive growth and optimize travel distrib ..read more
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