ATM: GCC tourism infrastructure to get USD 56 billion in investments by 2022

ATM: GCC tourism infrastructure to get USD 56 billion in investments by 2022

Backed by Dubai-based DP World, Hyperloop One has the potential to transport approximately 3,400 people an hour, 128,000 people a day and 24 million people a year.

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Travelkoin launches disruptive blockchain-based software allowing travel suppliers to pay each other directly

Travelkoin launches disruptive blockchain-based software allowing travel suppliers to pay each other directly

Travel industry veterans, Bjorn Harvold and Martin Struschka, the technical minds behind innovative companies such as Traveliko and ICS Travel Group, created a new technology that leverages the low-cost efficiency of Blockchain for the travel industry. Fittingly named Travelkoin, the platform utilizes a stable, transferrable cryptocurrency to address the two...

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Mobile bookings in Saudi Arabia jumped 116 percent compared to 2016, revealed Cleartrip data

Mobile bookings in Saudi Arabia jumped 116 percent compared to 2016, revealed Cleartrip data

The online travel sector in the GCC grew nine percent in 2017, reveals Cleartrip, one of the leading mobile and online travel companies in the Middle East, in its 2017 Travel Insights Report. The report, which derives insights from the company’s proprietary data and the data from over 400 partner...

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Munich Airport and Lufthansa start testing a humanoid robot in Terminal 2

Munich Airport and Lufthansa start testing a humanoid robot in Terminal 2

Munich Airport and Lufthansa start testing a humanoid robot in Terminal 2. Lufthansa travelers from Middle East to Munich can now meet Josie Pepper and experience the new era of customer service. Starting today, ‘Josie Pepper’, a 120-cm robot, will be answering questions for passengers in Terminal 2. Whether they...

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The UAE and KSA continue to lead GCC luxury hospitality market

The UAE and KSA continue to lead GCC luxury hospitality market

The UAE will continue to lead the GCC’s luxury hospitality segment to 2022, with 73 percent of existing luxury hotel stock and 61 percent of the region’s current luxury pipeline located in the country, according to data released ahead of Arabian Travel Market 2018, taking place at Dubai World Trade...

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CryptoBnB launches the first hospitality utility token

CryptoBnB launches the first hospitality utility token

CryptoBnB, one of the world’s first online short-term rental and tenant smart matching platforms, announced a new partnership with WTC, Japa’s largest travel agency and B&B accommodation platform that focuses on product and services sharing economy. The partnership with WTC is a key milestone that facilitates tremendous usage and practical application of the...

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Emaar Entertainment to launch new VR attraction

Emaar Entertainment to launch new VR attraction

Emaar Entertainment, the leisure and entertainment subsidiary of Emaar Properties, announced a new attraction, the VR Park. Designed to #ChallengeReality, the all-new, attraction is set to transform the virtual reality entertainment landscape, providing an unprecedented breadth of games, rides and experiences to suit all ages. Due to open in the...

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