News

InterGlobe Aviation Makes USD 45 Million Strategic Investment to Boost IndiGo’s Aircraft Leasing and Financial Services

Riyadh Air, launching in 2025, is forging powerful partnerships with India’s top carriers to drive remarkable growth and reshape global aviation. Riyadh Air, the soon-to-launch Saudi Arabian airline scheduled to begin operations in 2025, is actively seeking to forge strategic alliances with major Indian carriers such as Air India (AI) and IndiGo Airlines (6E). Both airlines hold the title of the largest carriers in India, with a combined fleet exceeding 700 aircraft. A partnership with one or both of these industry giants would significantly bolster Riyadh Air’s footprint in one of the world’s fastest-growing aviation markets. Riyadh Air’s CEO, Tony Douglas, highlighted on Wednesday the immense importance of the Indian market for the airline’s growth plans. He also confirmed that ongoing negotiations are taking place with both Boeing and Airbus to secure additional wide-body aircraft, including the Boeing 777X and Airbus A350-1000 models.

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Kashmir Attracts 13% Of India’s Tourists In J&K Between 2021-2024, Jammu Leads With 86%

Kashmir accounted for 13% of total tourist arrivals in Jammu and Kashmir from 2021 to 2024, with Jammu receiving the majority share, official data shows. Kashmir’s Tourism Share and Growth in the Last Four Years Kashmir has captured nearly 13% of the total tourist arrivals in the Union Territory of Jammu and Kashmir over the past four years. The bulk of the tourist traffic, however, has been directed toward the Jammu region, as indicated by official statistics. Total Tourist Arrivals in Jammu and Kashmir (2021-2024) The Economic Survey for 2024-25, presented by the Jammu and Kashmir government, revealed that from 2021 to 2024, the UT attracted a total of 74,970,943 tourists. This figure includes both religious visitors to significant sites such as the Mata Vaishno Devi Shrine in Jammu and the Amarnath Cave Shrine in Kashmir.

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Rome’s Hospitality Landscape Evolves With The Opening Of Art’otel’s First Italian Property

PPHE’s art’otel opens its first Italian property in Rome, offering a blend of contemporary design, art, and luxury in the heart of the Eternal City. art’otel, the contemporary lifestyle hotel brand owned by PPHE Hotel Group, has officially made its debut in Italy with the grand opening of art’otel Rome Piazza Sallustio. Positioned in the heart of Rome, the five-star boutique property arrives just in time for the Eternal City’s Jubilee celebrations, offering an immersive luxury experience that blends modern design with the city’s historic charm. Nestled near the historic Horti Sallustiani, the hotel presents a striking fusion of bold aesthetics, interactive art installations, and an innovative culinary destination. Its prime location, just steps away from the iconic Via Veneto and Spanish Steps, ensures that guests can seamlessly explore the cultural richness of Rome while indulging in a dynamic and contemporary hospitality experience. With a focus on art, culture, and gastronomy, the hotel is set to become a must-visit destination for travelers seeking something beyond the ordinary.

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Riyadh Air Aims to Revolutionize Global Aviation with Strategic Partnerships in India

Riyadh Air sets sights on transforming global aviation through key partnerships in India, driving unmatched growth and success in the years ahead. InterGlobe Aviation, the parent company of India’s leading airline IndiGo, has decided to allocate as much as USD 45 million in its subsidiary, InterGlobe Aviation Financial Services IFSC Pvt Ltd. The company’s board gave its formal approval for the investment during a meeting held on Wednesday. The investment is part of InterGlobe Aviation’s strategic move to support the growth and development of IndiGo IFSC, which specializes in aircraft and engine leasing, as well as offering financial services related to these transactions.

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Phuket Leads Tourism Revenue Rankings As Thailand Sets Sights On A ‘Golden Year’ Of Travel

Thailand Boosts Economic Growth by Powering Tourism Surge with Top-Earning Provinces and National Homestay Standardization Drive. Thailand is accelerating its economic revival by harnessing the power of tourism as a key driver of growth, setting the stage for what officials are calling a “Golden Year“ for the industry. In a fresh initiative to boost both domestic and international travel, the government has highlighted the nation’s top 10 highest-earning tourism provinces, while also rolling out a nationwide homestay standardization program aimed at elevating guest experiences and supporting sustainable, community-based tourism across the country. Phuket has taken center stage as the highest-earning destination in 2024, reaffirming its status as a tourism powerhouse and a key pillar of Thailand’s travel economy. This momentum aligns with the government’s broader strategy to distribute tourism benefits across multiple regions, support local livelihoods, and elevate service quality through certified homestay accommodations that meet national standards.

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Malaysia Hotels Expect Record Occupancy as Muslim Visitors Arrive for a Festive Ramadan

Malaysia expects up to 400,000 Muslim tourists this Ramadan, offering cultural events, festive shopping, and special packages for an immersive experience. Malaysia Gears Up for Ramadan Tourism Boom with Cultural Festivities and Special Packages Malaysia is set to experience a significant rise in hotel bookings as the country prepares to welcome an estimated 250,000 to 400,000 Muslim tourists this Ramadan. To enrich their experience, industry stakeholders have planned vibrant cultural festivals, nasyid concerts, and special events in Putrajaya, creating a festive and welcoming atmosphere.

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