Archives December 2023

American Cruise Lines Caps off Stellar 2023 with Dual Triumph at World Travel Awards

In a glittering finale to an already exceptional year, American Cruise Lines has emerged victorious at the prestigious World Travel Awards Grand Final 2023. The company clinched two coveted titles, solidifying its position as an industry leader. The crowning achievements of “World’s Leading River Cruise Company 2023” and “World’s Leading Small Ships Cruise Line 2023” mark a remarkable testament to American Cruise Lines’ unwavering commitment to excellence, innovation, and unparalleled service.

Cathay Pacific Redeems 50% of Hong Kong Government’s Preference Shares, Aims to Complete Buyback by

Cathay Pacific Group has achieved a significant milestone in its recovery plan by repurchasing 50% of the HK$19.5 billion preference shares issued to the Hong Kong Special Administrative Region (HKSAR) Government in 2020 as part of the company’s recapitalization efforts during the pandemic. The airline plans to repurchase the remaining 50% by July 2024, contingent on market conditions and business performance.

UNWTO Startup Competition Seeks Innovators Shaping the Future of Hospitality and Business Models

The World Tourism Organization (UNWTO) is collaborating with Infecar (Feria de Gran Canaria) to identify entrepreneurs and startups at the forefront of reshaping the hotel industry and new business models. The UNWTO Startup Competition for Tourism Technologies and Solutions in Hotels and New Business Models is open to global startups and entrepreneurs, focusing on two categories: Innovations in Digital Hospitality and Business Models, and Sustainability Impact.