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Archive for the Global Category

The global wellness economy is projected to grow

The global wellness economy is projected to grow

Wellness tourism represents six per cent of all domestic and international trips and 14 per cent of all domestic and international tourism expenditure. Wellness tourism is projected to grow by more than 9 per cent per year through 2017, nearly 50 per cent faster than overall global tourism, Anni Hoo

05.20.2015| Featured, Global, Tourism |

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Eurozone growth outstrips US economy

Eurozone growth outstrips US economy

The eurozone economy is growing faster than the U.S. and at its highest tick in nearly two years despite a disappointing slowdown in Germany and recession's return in Greece. Growth hasn't been this strong since the second quarter of 2013, when it also stood at 0.4 percent in the wake of the region

05.20.2015| Global |

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German tourism groups are successfully expanding their own hotel brands

German tourism groups are successfully expanding their own hotel brands

TUI, Thomas Cook, DER Touristik and Alltours all see such exclusively offered branded hotels as an important product to target lucrative customer segments and achieve higher yields. FTI Touristik is looking at following suit. The overwhelming majority of their branded hotels are four-star properties

05.14.2015| Featured, Global, Tourism |

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SC Capital Partners acquires upscale resort in the Maldives

SC Capital Partners acquires upscale resort in the Maldives

Singapore based institutional real estate private equity investment firm, SC Capital Partners has acquired a 124-villa upscale resort in the Maldives for an undisclosed amount.Formed in 2004, SC Capital Partners is a 100 per cent employee-owned, and invests in in multiple property types, including o

05.14.2015| Featured, Global, Maldives, Tourism, Tourism 40 years |

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Leonardo DiCaprio to develop Eco Branded Luxury Villas

Leonardo DiCaprio to develop Eco Branded Luxury Villas

Hollywood star Leonardo DiCaprio is making international news on his partnership in a Belize luxury eco resort and luxury villas for sale. Partnering with New York-based Delos development the group is restoring a 104 acre caye in Central American. Aside from a resort the offering includes 48 vil

05.11.2015| Global, Tourism |

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‘Floating Seahorses’ to be built off Dubai coast

‘Floating Seahorses’ to be built off Dubai coast

The floating home was officially launched by developer The Kleindienst Group at The Dubai International Boat Show in March. Each villa, designed and manufactured in Dubai, will have three levels — one underwater, one at sea level, and an upper deck — with a completely submerged master bedroom

05.11.2015| Global, Tourism |

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Maldives participation at Arabian Travel Market a success

Maldives participation at Arabian Travel Market a success

The Maldives Marketing and Public Relations Corporation (MMPRC) together with 92 representatives from 47 companies took part in the Arabian Travel Market (ATM) 2015 held in Dubai, UAE. The Arabian Travel Market event unlocked travel and tourism business potential within the Middle East for inboun

05.11.2015| Featured, Global, Maldives, Tourism, Tourism 40 years |

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France remains the top global tourist destination in 2014

France remains the top global tourist destination in 2014

France remains the top tourist destination in the world with 83.7 millions of visitors, which represents a slight raise of 0.1% of arrivals compared to 2013. There is a major increase of the “distant” clientele (+8.7%), especially from Asia (+16%), due to the implementation of a faster visa d

05.11.2015| Featured, Global, Tourism |

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No agreement in Brussels over the planned new European travel directive

No agreement in Brussels over the planned new European travel directive

The European Commission, Council and Parliament failed to agree on a revised version of the directive that would have covered various aspects of online travel bookings, in particular how to treat the combined booking of two different products from one website. Ahead of the discussions, the German

05.11.2015| Global, Tourism |

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Parrotfish are critical to coral reef island building

Parrotfish are critical to coral reef island building

New research published  shows that parrotfish, commonly found on healthy coral reefs, can also play a pivotal role in providing the sands necessary to build and maintain coral reef islands.Using survey and sedimentary data, the researchers explored the links between reef ecology and sediment produc

05.11.2015| Featured, Global, Local, Maldives, Tourism 40 years |

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