Jun 29, 2024 • 8 min read
25.06.2024 - 19:13 / breakingtravelnews.com
EOS-X SPACE, the first European space exploration company, of Spanish origin, faces the last half of 2024 in a decisive way to complete its start-up and mark a historic milestone for Spain in this incipient industry, which currently represents a market of more than 9 billion dollars in revenues.
Kemel Kharbachi´s company, founder and CEO, is finalizing the development of the Spaceship capsules, the necessary validation tests -which will take place soon- together with military pilots, and the the collaboration of the National Institute for Aerospace Technology (INTA). The aim is to start operating flights both in Seville, the company’s headquarters in Spain, and in Abu Dhabi, around the third quarter of 2025. In total, the company will have invested more than 230 million dollars in engineering and development in both countries.
The company is currently in the midst of a €115 million Series D investment round led by US investment bank FTI Capital Advisor.
A SUSTAINABLE AND SAFE CAPSULE FOR EXPERIENTIAL TRAVEL
This project, a pioneer in both Spain and Europe, started in 2020 and has important differences with respect to other space tourism companies. EOS-X SPACE’s pressurized capsules, with a capacity of eight people (including a pilot), are propelled by a non-polluting helium balloon. They reach the limits of the stratosphere, which means an altitude of 40,000 meters, allowing their space tourists to enjoy superb views for five hours. The price per passenger will range between 150,000 and 200,000 euros. In addition, in the case of Spain, EOS-X SPACE will have a spectacular SpaceHub Complex in La Isla de la Cartuja (Seville), where immersive experiences will be developed, as well as an ultra-luxury hotel in the province of Seville where customers will enjoy pioneering treatments and experiences.
A PROFITABILITY OF 220 % IN FIVE YEARS
ADVERTISEMENT
Thanks to the potential of this new way of doing tourism - with a current market of US$9 billion - the company has solid scalability forecasts and expects revenue growth of 220% in five years.
Jun 29, 2024 • 8 min read
Hyatt has bought the “me and all hotels” brand from Germany’s Lindner Hotels, a minor expansion of its European portfolio. The deal for the lifestyle hotel brand, which closed Friday, adds a 29th brand to Hyatt’s collection of hotel, resort, and timeshare brands.
Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), is delighted to announce a groundbreaking partnership with MADRID TURISMO by IFEMA Madrid as part of their “Only in Madrid” campaign. This initiative aims to boost awareness about the vibrant culture and unique attractions of Madrid, inviting travelers from the GCC to explore the Spanish capital like never before.
Finnair is showing off its new Schengen Lounge at Helsinki-Vantaa Airport (HEL) that's slated to open on July 9. The lounge will primarily serve customers traveling on short-haul flights within Europe and passengers connecting in Helsinki from the U.S. and traveling onward to Finland's Lapland and the wider Nordic and Baltic regions.
Jun 26, 2024 • 4 min read
China has extended visa-free travel to Poland, Australia and New Zealand until the end of 2025.
Delta Air Lines announced it would launch a new seasonal service between Orlando International Airport and London Heathrow Airport (LHR), starting on October 26.
The homemade videos came through in quick succession on the camp WhatsApp channel. Seven tiny sailboats with children manning them dotted crystal blue Mediterranean waters. The children were in pairs, seemingly matched according to age. Then there was my little one, the 5-year-old, who had insisted on tagging along with her 9-year-old brother, and the camp had agreed.
Jun 21, 2024 • 9 min read
UN Tourism has joined its Members in celebrating the establishment of 2027 as the International Year of Sustainable and Resilient Tourism. At the Organization’s headquarters in Madrid, the UN Tourism leadership welcomed the Ambassadors to Spain of 24 Member States to look ahead to the seminal year.
According to official reports, last year shared airport transfers exceeded 2 million in top destinations such as Cancun, Riviera Maya, Paris, Orlando, the Balearic Islands, Greek Islands, Miami, and Phuket. Servantrip, the world’s leading B2B tours, activities and transfer platform, announces that this summer the trend will continue to rise, underscoring the growing popularity and demand for shared transfer services among travellers.
To mark the 80th Anniversary of D-Day, visitors from all over the world gathered in Normandy to commemorate the largest military operation in modern history. With the numerous official ceremonies, historical exhibitions and re-enactments, Normandy was in the spotlight throughout an intense week, particularly from 5 to 7 June, when the moving images of the tributes paid to the soldiers and veterans by many heads of state were relayed around the world.