(26 Nov 2021)
The Abu Dhabi National Exhibitions Company
(ADNEC), part of ADQ, is taking the next step in its business diversification
strategy with the acquisition of Etihad Holidays from Etihad
Airways.
Etihad Holidays will be integrated with Tourism 365, ADNEC’s
tourism promotion business.
“ADNEC is proud to welcome this important business entity into its
portfolio. We hold a long-term investor perspective in identifying
and acquiring key assets in developed markets. This move will
strengthen the group’s competitiveness and will increase direct
and indirect economic contributions to the UAE’s tourism sectors,
said Humaid Matar Al Dhaheri, ADNEC’s MD and
Group CEO. “ADNEC Group has wide-ranging experience in
overseeing successful tourism and hospitality assets and will
bring the same insights and strategic focus to ensure the
continued success of this important entity.”
ADNEC Group
Tourism 365 will operate Etihad Holidays, taking
it from a platform focused on the local market to a fully-fledged
tour operator supplying online and traditional travel agencies
with Etihad-network holiday packages from key source markets.
Capital Experience, Tourism 365’s destination management arm, will
be the exclusive supplier of Etihad Holidays across the UAE when
it comes to hotels, transfers and attractions.
Roula Jouny, Executive Director of Tourism 365,
said, “We are thrilled with this move. This new development
solidifies our strategic role in strengthening Abu Dhabi’s
position as a destination and bolstering the incredible efforts of
the UAE’s wider tourism industry. This asset transfer will
significantly expand Etihad Holidays’ presence in key source
markets especially from a B2B tour operator standpoint. As part of
Tourism 365’s vision to become the number one choice for travel
and tourism professionals, we look forward to further highlighting
Abu Dhabi to tourists from far and wide, whilst also showcasing
the unmissable offerings of the Emirates.”
Details of the acquisition have not been
disclosed.
Headlines:
B.1.1.529 Concerns Lead UK to Ban Passenger Planes from Six Countries in Africa
Accor Wins Naming Rights for Stadium Australia in Sydney
Hong Kong Int. Airport’s Flight Token Wins Best Innovation Award
ADNEC Continues Diversification with Acquisition of Etihad Holidays
Air Astana to Resume Flights Between Almaty and New Delhi, India
Minor Hotels Expands Anantara Brand to Budapest, Hungary
Emirates Signs Codeshare Agreement with airBaltic
Qantas Unveils Plans for Queensland Network
Malaysia Airlines Signs MOU with UCSI Group
Smiths Detection and Microsoft Working to Combat Wildlife Trafficking
Marriott Opens 7th Hotel in Melbourne, Australia
Embraer Showcasing E195-E2 TechLion at Selangor Aviation Show
Singha Estate Breaks Ground on New Resort in Maldives
Singapore Airlines Launches Flight Pass
Bangkok Airways to Resume Flights from Samui and Phuket to U-Tapao
China Airlines Testing New Wireless IFE System on Boeing 737-800s
CBRE Appoints Chris Ely as Head of Hotel Asset Management, Asia
Asia Pacific Airlines Report October 2021 Traffic Figures
Alessio Minetto Joins The Woodward, Geneva as GM
Singapore Airlines and Scoot to Resume Flights to India
Dusit to Manage Ananda’s New Residential Project in Bangkok
Martin Fabiano Returns to Jakarta as GM of the Sari Pacific Hotel
Chidchanok Pasinpong Appointed GM of the Avani Sukhumvit Bangkok Hotel
IATA Publishes Blueprint for Simplifying Travel
Korea Tourism Organization Uses Extended Reality for Extensive New Campaign
Amadeus Research Looks at Importance of Transparent Pricing for Airlines
Embraer Signs MOU with Royal Netherlands Aerospace Center
Sandra Watermann Appointed Cluster GM of Two Hotels in Phuket, Thailand
CMA CGM Signs Binding MOU with Airbus for Four A350F Aircraft
Hi Fly Airbus A340-313HGW Makes History with Antarctica Flight
Malaysia and Singapore Airlines to Expand Codeshare Agreement
Sabre Moves from Pilot to General Launch of NDC Content in GetThere
Qantas Accelerates Return of Airbus A380 to Service
Marriott Signs Second W Hotel in Dubai
Indonesia Orders Two Airbus A400M Aircraft; Signs LOI for 4 More
Air Tanzania Orders 4 Boeing Aircraft at Dubai Airshow
Darren Darwin Appointed GM of Avani+ Khao Lak Resort in Thailand
Executive Appointments at CWT
Cathay Pacific Reports Increase in Cargo and Passenger Numbers
Four Seasons Jackson Hole Appoints Sean Casserly as Resort Manager
Emirates A380 to Operate One of Three Daily Return Flights to Bangkok, Thailand
Accor Partners Qantas for Double Loyalty Rewards
TUI Signs Distribution Agreement with Sabre Hospitality Solutions
Naowarat Arunkong Returns to Hua Hin as Cluster GM of Two Resorts
SITA Upgrading Passenger Experience at Frankfurt Airport with 87 TS6 Kiosks
Boeing 777-9 Visits Qatar Airways in Doha
Airbus Partners Thales and Diehl for eVTOL Development
BA and AA Offer Free COVID19 Test Kits to Business Class Travellers
flypop Partners Hi Fly to Launch Zero LOPA Cargo Operations
Eve Partners Senna for eVTOL Inspiration
Singapore Airlines Unveils New Economy and Business Class Cabins
Cathay Pacific / HSBC Hong Kong Sevens 2022 Moved from April to November
New Indian Airline Orders 72 Boeing 737 MAX Aircraft
ATPCO to Update Industry Collaboration Framework with Two New Councils
New Japanese Airline Signs LOI with ATR
BEIA Appoints Steve Armitage as Independent Chair
Emirates Orders Two Boeing 777 Freighters at Dubai Airshow 2021
Alpha Star Aviation Becomes Launch Customer of ACJ’s New IFE Technology
IATA Warns of Skilled Labor Shortage for Ground Handling Providers
Russian Helicopters Establishes Alpha Aviation JV in UAE
ALC Signs LOI for 111 Airbus Aircraft; Becomes Launch Lessor for A350F
IATA Appoints Marie Owens Thomsen as Chief Economist
Korean Air Receives Vietnam’s Approval for Asiana Acquisition
Six Senses Signs Very Special Hotel in Lisbon, Portugal
United Airlines Increases Flights to Las Vegas for CES 2022
TAROM Orders Three ATR 72-600 Aircraft
Spain Orders Three Airbus A330MRTT Aircraft
DHL Express Orders Nine More Boeing 767-300BCFs
UAE Air Force & Air Defence Orders Two Airbus A330MRTT Aircraft
Indigo Partners Orders 255 A321neo Family Aircraft at Dubai Airshow
Korean Air Reports Q3 Profit; Cargo Breaking Records
Boeing to Open Three More Passenger to Cargo Conversion Lines
HKIA Reports Increase in Cargo and Passenger Numbers in October
Thai AirAsia Reports Q3 2021 Results
Cathay Pacific to Require All Eligible Aircrew to Get Third Dose of COVID19 Vaccine
Binter Canarias Orders Four ATR 72-600 Aircraft
Court Approves CWT’s Recapitalization Plan
SIA Expects Passenger Capacity to Reach 43% of Pre-COVID Levels by December
Boeing to Showcase 777X at Dubai Airshow
United Airlines to Launch Flights to Amman, Jordan
Mandarin Oriental Reports First Profit Since Q4 2019
Envision Digital and SITA to Develop Net Zero Carbon Solutions for Airports
Embraer Starts Building Hungary’s First KC-390 Millennium Aircraft
Qatar Cargo First to Implement IATA CO2NNECT
Elbit Systems to Upgrade Electronic Warfare Capabilities of UK’s Royal Navy
SLH Signs First Hotel in Sapporo, Japan
PPHG Appoints Cristian Nannucci as GM of Two Properties in KL
AirAsia Group Appoints Colin Currie as CCO
China Southern Expands Codeshare Agreement with Qatar Airways
Fello’fly Could Significantly Boost Environmental Performance of Aircraft
SITA Develops Solution for Offline EPL Verification
Thai Cargo to Operate Flights to 30 Destinations in Winter Schedule
Eve Partners Widerøe Zero to Develop eVTOL Operations in Scandinavia
Courtyard by Marriott Hotel Opens in Phuket Town, Thailand
IHG Appoints Mark Winterton as GM of voco Orchard Singapore
Pan Pacific Signs Two Properties in Kuala Lumpur, Malaysia
Travellers Must be Fully Vaccinated to Fly with AirAsia Malaysia
HD Videos and Interviews
Podcasts from HD Video Interviews
RSS News Feed and Ticker
Travel Industry News Archives
Travel Trade Shows
High-Res Picture Galleries
Travel News Asia – Latest Travel Industry News
