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IHG signs agreement to double presence in Germany – Business Traveller

16Apr

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Travel

IHG signs agreement to double presence in Germany – Business Traveller

IHG Hotels & Resorts is set to double its presence in Germany to more than 200 hotels in almost 100 cities. The hotel group has signed a 30-year agreement with NOVUM Hospitality, one of Germany’s largest private hotel operators. NOVUM Hospitality operates 111 properties are in Germany, with the remaining eight in Austria, the Netherlands and the UK. The agreement will see 108 of NOVUM’s hotels and an additional 11 under development join IHG’s system by 2028. The conversion of these hotels will begin this year and happen in phases, with the hotel group stating that the majority will take place over the next 24 months. Ultimately, this will increase IHG’s global system size by up to 1.9 per cent. As part of the agreement, IHG’s Holiday Inn will be combined with NOVUM’s ‘the niu’ brand,...

Riyadh Air signs cooperation agreement with Turkish Airlines – Business Traveller

6Dec

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Travel

Riyadh Air signs cooperation agreement with Turkish Airlines – Business Traveller

Saudi national carrier Riyadh Air has signed a strategic cooperation Memorandum of Understanding (MoU) with Turkish Airlines. Accordingly, Riyadh Air said that guests of both airlines will be able “to take full advantage of each carrier’s worldwide network through a comprehensive interline and codeshare agreement that will allow customers to seamlessly connect between and combine sectors operated by either Riyadh Air or Turkish Airlines.” Although no firm date has been announced as to when this agreement, subject to regulatory approvals, will take effect, the Saudi carrier said that it hopes to activate it “as soon as possible” after it launches its operations in mid-2025. The cooperation agreement will also extend to the loyalty programmes of the two airlines. The MoU will facilitate me...

Don’t Count on Economic Woes to Deter China

28Nov

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Health

Don’t Count on Economic Woes to Deter China

Nov. 28, 2023 12:54 pm ETDuring his September trip to Vietnam, President Biden dismissed a reporter who asked for his thoughts on the threat the Chinese Communist Party poses to Taiwan. “I think China has a difficult economic problem right now,” Mr. Biden said. “I don’t think it’s going to cause China to invade Taiwan. And matter of fact, the opposite—it probably doesn’t have the same capacity that it had before.”Mr. Biden’s response perhaps explains why his administration’s China policy has veered away from competition and toward accommodation. The hope is that Beijing’s economic woes will make it more conciliatory. But that assumption badly misunderstands the power-hungry nature of the Chinese Communist Party and the lessons of history.Copyright ©2023 Dow Jones & Company, Inc. All R...

UAE’s Lootah Biofuels strikes agreement with Atmosphere Core – Business Traveller

13Nov

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Travel

UAE’s Lootah Biofuels strikes agreement with Atmosphere Core – Business Traveller

Lootah Biofuels, a circular economy company that produces biofuel from cooking oil in the UAE, has entered into a partnership with hospitality company Atmosphere Core for the latter’s properties in the Maldives. The MoU was signed earlier this month and both entities will now work towards building a circular economy in the Maldives and introduce environmentally friendly biofuel, produced by Lootah Biofuels, at resorts managed by Atmosphere Core. The move is expected to significantly reduce the operational carbon footprint of the hospitality group in the Maldives. Furthermore, they will jointly explore the feasibility of collecting and recycling used cooking oil from resorts, hotels and households in the Maldives through Lootah Biofuels’ pilot biofuel plant in the Maldives. That move will...

Aer Lingus and American Airlines expand codeshare agreement – Business Traveller

5Nov

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Travel

Aer Lingus and American Airlines expand codeshare agreement – Business Traveller

Aer Lingus and American Airlines have expanded their codeshare agreement to include transatlantic routes from Dublin to Chicago and Philadelphia. The deal means customer can now book flights between the destinations on either of the carriers’ websites, allowing for increased connection options. The move follows the launch of a codeshare agreement between the two airlines last year, initially covering American Airlines domestic routes from Chicago, and Aer Lingus services from Dublin to selected UK and Irish destinations. American Airlines and Aer Lingus launch codeshare agreement It also follows the recent ending of Aer Lingus’s codeshare deal with AA’s rival US carrier United. Aer Lingus said that the expansion “marks a crucial step forward in Aer Lingus’ arrangement with American Airl...