Even after the colossal challenges the pandemic brought to the travel industry, the economic benefit of tourism to cities remains strong. The World Travel & Tourism Council (WTTC) launched its Cities Economic Impact Report (EIR) at the 22nd Global Summit in Riyadh. Sponsored by Visa, the report shows cities remain the powerhouses of global tourism … Read more
Economic and political reforms are helping transform sentiment towards Kazakhstan – attracting prominent investors as well as businesses, with satellite company OneWeb, Sotheby’s International Realty, and US technology group Honeywell the latest companies to commence operations in the country. International investors Franklin Templeton, VPE Capital, Vedra Partners, and Sotheby’s International Realty, are among a growing … Read more
In the first six months of the financial year, Richemont luxury Group, the parent company for Buccellati, Cartier, Van Cleef & Arpels, and Montblanc among others, reported another set of strong results as the momentum seen in the first quarterof the financial year continued into the second quarter. Sales from continuing operations increased by 24% … Read more
eBay Opens Store in NYC that Accepts Pre-Owned Luxury as Currency. Open during Jewelry Week in the heart of New York’s iconic Diamond District, the eBay Luxury Exchange capitalizes on the skyrocketing value of authenticated luxury items by letting shoppers exchange jewelry, handbags and watches from top brands like Gucci, Rolex, and Van Cleef & … Read more
After more than two years of sailing restrictions and limited voyage options due to the coronavirus pandemic, cruisers and cruise lines are excited to be on the seas again. U.S. News Announces the 2023 Best Cruise Lines. U.S. News & World Report, publisher of Best Hotels, Best Vacations and Best Travel Rewards Programs, today released … Read more
Riyadh and Jeddah debut with promising city brand assets. Riyadh and Jeddah feature as first time entrants in Saffron’s City Brand Barometer 2022. Abu Dhabi signals the rise of Middle Eastern city brands, leaping from a 2020 One to Watch to a Top 20 Challenger in Saffron’s first tourism ‘City Brand Barometer’ post-pandemic. Dubai remains … Read more