A cross-border merger to form Tui would not have been possible without a single European market, and a British exit or Brexit from the EU could compromise the safety of British holidaymakers abroad. That is view of outgoing Tui Group chief executive Peter Long, expressed in an interview with the Sunday Times at the weekend. […]
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The Maldives government has announced an entry ban for holders of Israeli passports, reacting to public outrage over the war in Gaza. The government of the Maldives, a popular tourist destination in the Indian Ocean archipelago, will ban entry to Israeli passport holders as public anger grows in the predominantly Muslim nation over the war […]
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The holiday home market in Greece is witnessing a significant rise in demand from foreign investors since the start of the year. In fact, buyers are looking to buy more luxurious properties than the past couple of years, which in turn results in a higher sales volume and prices on the rise. Available budgets this […]
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The latest analysis by Elxis-At Home In Greece identifies an emerging trend in the holiday home market, with a marked increase in demand for holiday homes by Golden Visa investors. This rise in demand is mainly attributed to the recent changes in the Golden Visa program in Greece, which turned investors’ attention to other parts […]
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For ITA Airways, the upcoming 2023 will be the year of the big investment towards the intercontinental market: the Company will open new routes in the United States, with direct flights from Rome Fiumicino to San Francisco and Washington. The long-haul expansion is one of the major pillars of ITA Airways’ strategy, as it generates […]
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– More than a quarter of consumers plan on three or more international trips – Australians to spend more on travel than any other nation As the World Travel & Tourism Council (WTTC) opens its 22nd Global Summit in Riyadh, a new global consumer survey has revealed that the appetite for international travel is now […]
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Sani/Ikos Group (SIG), the leading luxury beach resort group in the Mediterranean, and GIC, global institutional investor, have entered into a strategic partnership under which GIC will become the leading shareholder alongside SIG’s management team. The transaction values the Sani/Ikos Group at €2.3 billion. The transaction is expected to close in the 4th quarter of […]
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Jens Ritter, currently a Member of the Executive Board and COO of Eurowings, will become the new CEO of Lufthansa Airlines on 1 April 2022 and will succeed Klaus Froese. Klaus Froese is handing over his post after more than six years on the Executive Board of Lufthansa Airlines, most recently as CEO. Going forward, he […]
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Along with practically every aspect of our lives, the course of travel has been redefined repeatedly over the past year and a half, with seismic shifts propelling us towards a continuously evolving version of the ‘new normal.’ A deepening and increasingly complex relationship with technology, a heightened awareness of the human impact on the planet […]
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The UBS Global Real Estate Bubble Index 2021, a yearly study by UBS Global Wealth Management’s Chief Investment Office, indicates that the bubble risk has on average increased during the last year, as has the potential of a severe price correction in many of the cities tracked by the index. Frankfurt, Toronto, and Hong Kong […]
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