Katara Hospitality and AccorHotels create the number one sustainable hospitality fund dedicated to Africa

Doha, Qatar, 2018-Jul-24 — /Travel PR News/ — Katara Hospitality, a leading global hotel owner, developer and operator, based in Qatar, and AccorHotels, a world-leading travel & lifestyle group and digital innovator with a presence in 100 countries and c.4,500 hotels, announced the creation of an investment fund with a targeted investment capacity of over… Read the full press release

dnata acquires additional 40% share in Airport Handling SPA

DUBAI, U.A.E., 2018-Jul-03 — /Travel PR News/ — dnata, one of the world’s largest air services providers, has exercised its option to acquire an additional 40% share in Airport Handling SPA. The transaction will increase dnata’s total interest in the Milan-based ground handler to 70%. With majority representation on the board, dnata has already been… Read the full press release

SilkAir to undergo a significant investment programme to upgrade its cabin products and be merged into SIA

SINGAPORE, 2018-May-22 — /Travel PR News/ — Singapore Airlines’ (SIA) regional wing, SilkAir, is to undergo a significant investment programme to upgrade its cabin products as part of a multi-year initiative that will ultimately see it merged into SIA. The programme will comprise investment of more than $100 million to upgrade the wholly owned subsidiary’s cabins… Read the full press release

Alterra Mountain Company announces more than half a billion dollars investment plan to enhance guest experience

$555 Million Budgeted at 12 Mountain Destinations Over the Next Five Years $130 Million for 2018/2019 Including New Gondola and Three New Chairlifts DENVER, Colo., 2018-Mar-20 — /Travel PR News/ — Alterra Mountain Company reinforces its commitment to growth and investment in its family of 12 mountain destinations by announcing its initial capital improvements, with an… Read the full press release

Royal Caribbean launches Royal Amplified program with $900 million investment to modernize its fleet

Royal Amplified will Dramatically Redefine the Future of Adventure MIAMI, FL, 2018-Mar-19 — /Travel PR News/ — Royal Caribbean International is amping up vacation adventures by reimagining its fleet with a $900 million investment. The Royal Amplified program spans 10 ships in four years, and touches every facet of the guest experience on a lineup of… Read the full press release

Qatar Airways plans to make an initial investment of up to 4.75% in American Airlines

DOHA, Qatar, 2017-Jun-26 — /Travel PR News/ — Qatar Airways sees a strong investment opportunity in American Airlines. Qatar Airways believes in American Airlines’ fundamentals and intends to build a passive position in the company with no involvement in management, operations or governance. Qatar Airways has long considered American Airlines to be a good oneworld… Read the full press release