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23
Mar

World Wealth Trends 2017: Countries That Have The Highest Ultra-Wealthy Population

The year 2016 had uncertainties prompted by a series of seismic political events and, in particular, by the unexpected outcomes of the UK’s referendum on leaving the EU and the US presidential election. Yet, despite this uncertainty, wealth creation gathered some momentum during 2016, resulting in a modest rise in the global population of ultra-wealthy people and reversing last year’s

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23
Mar

BA Launching New Long-Haul Budget Airline Called Level

The parent company of British Airways, International Airlines Group (IAG), announced it will launch a new low-cost, long-haul brand called Level. The new airline will officially launch in June and it will operate out of Barcelona, Spain. Level will travel to destinations including Los Angeles and San Francisco, California; Buenos Aires, Argentina; and Punta Cana, Dominican Republic. The new carrier

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23
Mar

India Ranks 5th On Medical Tourism Index Globally; 2nd In Asia

India currently ranks 5th on the Medical Tourism Index globally and 2nd in Asia as per the International Healthcare and Research Centre statistics. This portrays a potential opportunity for India in becoming a future leader in medical tourism given the fact that it focuses on building infrastructure, technology & services, and a seamless experience for buyers. The increase in competition

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23
Mar

Indian Travellers Revel At Global Festivals

TUI India categorises this segment of travel as the ‘variety seeker,’ which includes travellers aged between 25-35 years and primarily from the metros. This travel segment is currently the fastest growing segment for TUI India. Vishal Sinha, CEO, TUI India, says, “We have witnessed a growth of 20 per cent (in North India) with respect to festival/event-based holidays. The base

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23
Mar

Top-Rated Middle East Hotels For HNWIs, 2017

According to a new report from a wealth intelligence company, New World Wealth, out-of-towners with at least Dh3.6 million ($1 million) in their bank accounts and portfolios love to vacation in some of the opulent accommodations in the UAE But for the super-rich with plenty of dirhams to spare, the one that really stands out among the thousands of hotels

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23
Mar

Amadeus Cautions Online Travel Players Against Potential ‘Black Swans’

A white paper on travel technology trends  – Online Travel 2020: Evolve, Expand or Expire – released by Amadeus, world’s  leading  travel technology provider for the travel sector,  recently   cautioned Online Travel Companies  against ‘Black Swans’ who could disrupt the industry with innovative “consumer facing” technology  in coming years.   New trends are emerging in the online travel space and online

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23
Mar

Facebook: Travelling Companion For The Next Decade?

As the social giant continues to make inroads into the travel industry, Sally White finds that the big shifts in the future will be a by-product of mobile What more concrete a reminder of the importance of travel media than the weight of the weekend newspapers! Which works best? On the one hand the likes of Facebook, with explosive growth,

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23
Mar

Preparing For The Future Of Travel

The tourism and hospitality industry is changing at an exponential rate. The new products being added everyday and the ever-evolving technology has put travel agents at the precipice of evolution. Ashwini Kakkar, Past President, TAAI, outlines various changes in the industry and suggests the way forward. Aviation According to Kakkar, the introduction of low cost carriers (LCC) has brought a

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23
Mar

U.S. Business Travellers Rate How Safe Travel Feels To Top Developed And Emerging Destinations

Washington, D.C., Los Angeles, London, New York and Munich are the top destinations travellers feel most safe.   Business travellers view terrorism as the greatest safety risk they face on the road, according to a new study released today by the GBTA Foundation, the research and education arm of the Global Business Travel Association. Almost half (45 percent) rank it as their

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16
Mar

Class Of 2020 ‘May Be Able To Close Gender Pay Gap’

Women graduating from university in developing markets in 2020 could be the first generation to close the gender pay gap in their lifetimes, according to new research from Accenture. The report, Getting to Equal 2017, reveals that within decades the pay gap could close if women take advantage of three career equalisers and if business, government and academia provide critical

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