Results for: Tourism

The Airport Authority Hong Kong (AAHK) has announced the appointment of a Chairman and three new members, as well as the reappointment of two existing members to its Board. These appointments will take effect on June 1, 2024, for a term of three years.

Mr. Fred Lam, who has served as AAHK’s Chief Executive Officer since 2014, will assume the role of Chairman succeeding Mr. Jack So. Joining the Board as newly appointed members are Dr. Dorothy Chan Yuen Tak-fai, Mrs. Ann Kung Yeung Yun-chi, and Mr. Perry Yiu Pak-leung. Additionally, Ms. Sabrina Chao Sih-ming and Mr. Edwin Tong Ka-hung have been reappointed to continue their service on the Board.

IHG Hotels & Resorts has partnered with Refad Real Estate Investment & Development to introduce Hotel Indigo & Residences Al Khobar to Saudi Arabia. Located within the Refad project, the hotel will feature over 200 rooms and serviced apartments, catering to both leisure and business travelers. With a focus on local culture, the hotel will offer distinct dining venues, meeting facilities, and recreational amenities. This strategic addition to IHG’s portfolio reflects their commitment to growth and providing exceptional hospitality experiences in key markets within the Kingdom.

Air Canada has reversed its decision to introduce a seat selection fee for economy passengers, following a strong backlash from travelers. The move highlights the impact of consumer outcry on the airline industry.

Starting May 1, 2024, TSA PreCheck lanes at Bradley International Airport will move to the secondary TSA screening checkpoint between the United Airlines ticket counter and the walkway to the Sheraton Hotel. This change is intended to improve efficiency and convenience for travelers, with standard TSA screening lanes remaining at the primary checkpoint. CLEAR services will be available at both security checkpoints.

Michael Williams has been selected as the new co-chair for Savannah State University’s 25th Anniversary Scholarship Party. With his extensive background in aviation safety and commitment to educational initiatives, Williams brings a wealth of expertise to this significant celebration. As the CEO & founder of Jetaire, an international leader in aviation support systems, Williams has played a crucial role in shaping global aviation safety standards. His passion for safety stems from a personal experience where he narrowly escaped a catastrophic aviation accident in 1982. This incident ignited his determination to enhance safety protocols within the industry, leading to the establishment of Jetaire. Under Williams’ leadership, Jetaire’s pioneering invention, INVICTA, a reticulated polyurethane foam solution for ignition mitigation, has gained widespread recognition among aviation regulatory agencies worldwide.

Finnair has announced a temporary suspension of daily flights to Tartu, Estonia, from April 29th to May 31st, 2024. This pause is necessary to implement alternative approach methods at Tartu Airport that do not rely on GPS signals. Affected passengers will be notified of the cancellations and provided with further information regarding their options.

Viking Holdings Ltd. (Viking) has disclosed the pricing details for its expanded initial public offering (IPO), which will encompass a total of 64,041,668 ordinary shares offered at $24.00 per share. Viking will offer 11,000,000 ordinary shares, while selling shareholders will offer 53,041,668 ordinary shares. The selling shareholders have granted a 30-day option to the underwriters to acquire up to 9,606,248 additional ordinary shares for potential over-allotments. Viking will not receive any proceeds from the sale of shares by the selling shareholders. The ordinary shares are expected to commence trading on the New York Stock Exchange on May 1, 2024, under the symbol “VIK.” The offering is anticipated to close on May 3, 2024, subject to customary conditions. BofA Securities and J.P. Morgan are acting as joint lead underwriters, with UBS Investment Bank and Wells Fargo Securities serving as lead book-running managers. HSBC and Morgan Stanley are participating as bookrunners, while Rothschild & Co, Stifel, Drexel Hamilton, LLC, Loop Capital Markets LLC, and R. Seelaus & Co., LLC are acting as co-managers.

The Hawai’i Tourism Authority (HTA) has launched a series of targeted marketing campaigns to attract responsible travelers from around the world. These initiatives aim to showcase Hawai’i’s unique culture, experiences, and people while encouraging visitors to support local businesses and minimize their environmental impact.

Ashford Hospitality Trust (AHT) has made significant moves, including the sale of a Georgia hotel, the relinquishment of control over 14 additional hotels, a leadership change, and the announcement of a financial restructuring plan. These actions are part of AHT’s ongoing efforts to address underperforming assets and strengthen its financial position.

Villa Vie Residences, a leader in residential cruising, has recently secured a loan facility and commenced dry-dock operations for its vessel, Odyssey. The departure date has been rescheduled to May 30th due to operational improvements aimed at enhancing resident safety and experience. The company is fully supporting residents during this transition, offering a hotline and covering change fees. Enthusiastic residents can participate in ship tours at the Belfast port to witness the ongoing enhancements. Over 80% of available cabins have been sold, highlighting the growing anticipation for the cruise.