MMGY Global Acquired by Private Equity Firm EagleTree

This weekend, F1 fans can expect a visually enthralling experience, as custom real-time content tracks across the world’s largest LED screen of the Sphere, as part of the official broadcast for the Las Vegas Grand Prix.

Over the past decade the global wellness tourism sector has gobbled up a huge segment of the travel industry’s market share. Its size was valued at $814.6 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 12.42% from 2023 to 2030, according to Grand View Research. Wellness tourism includes activities aimed at improving and enhancing an individual's physical, mental and spiritual well-being. Tourists indulge in physical, spiritual and mental activities by practicing yoga, spas, meditation and Pilates, and by visiting hot spring resorts. The trend of interacting with the locals of the destination who have visited and experienced different cultures promotes personal well-being.

The strong post-pandemic air travel boom continued across the globe this September, according to research conducted by the International Air Transport Association (IATA), published November 9.

As Global Entry interview appointments have become coveted, multiple third-party services have taken the legwork out of scouring U.S. Customs and Border Protection's online scheduling tool to identify available interview slots as part of the final step of the application process.

With Saudi Arabia being the world’s fastest growing new year-round tourism destination, STA has announced it will enter into a major new partnership with RX Global - following a formal signing after WTM London - which will see STA become the first-ever ‘Global Travel Partner’ of the World Travel Market (WTM) tradeshow events.

Skift Global Forum East is just around the corner, and it promises to be an event where the travel industry’s brightest minds gather to discuss and shape the future of travel. As you navigate the bustling halls and engaging sessions, you’ll encounter a diverse array of attendees. 

Canada’s Minister of Tourism, The Honourable Soraya Martinez Ferrada, officially opened Destination Canada’s International Symposium on Destination Stewardship during a reception at the Canadian Museum of History in Gatineau, Québec. The Symposium, which ran from November 7–8, aims to challenge participants to forge a new path towards a more inclusive, resilient and prosperous tourism sector. Leveraging and learning from previous and existing initiatives, the Symposium explored how a regenerative approach to tourism can have a positive impact on residents, their communities, the economy, culture, and the environment.

Global Entry, which gives preapproved, low-risk travelers expedited clearance upon arrival in the U.S. from abroad, is among the five expedited security programs the U.S. government offers.

Red Sea Global (RSG) has said it will operate its own luxury hotel brand at The Red Sea destination, Shebara. The hospitality destination is expected to open in summer 2024 and is expected to be the first resort to be owned and operated by RSG at The Red Sea destination. Taking shape at Sheybarah Island in the Al Wajh Lagoon, the resort is home to stainless steel orbs, and is now actively recruiting a world-class operational team ahead of opening.

Research from World Travel Market London 2023, the world’s most influential travel & tourism event, has revealed that more holidaymakers are abandoning their sun loungers in favour of nature, foodie and wellness experiences.

Chestertons, one of the world’s oldest and leading real estate advisory services, is galloping ahead with its international expansion with the launch of Chestertons Polo in the Park Dubai. Taking place for the first time in the Middle East and supported by the Dubai Sports Council, Chestertons Polo in the Park Dubai will be held on Saturday, 11 November at The Desert Palm Polo Club.

Saudi Arabian development group Red Sea Global has created its own luxury hotel brand called Shebara. The Shebara brand will be deployed for the upcoming Sheybarah Island resort – seen as the most exclusive of the current 16-property lineup in the archipelago development.