Tag Archives: USD

Indonesia earmarks USD 258 million to boost tourism sector

Indonesia earmarks USD 258 million to boost tourism sector

With loads of area in its greater than 17,000 islands and an abundance of pure sights, Indonesia is in an ideal place for post-COVID journey. With a purpose to restart its worthwhile tourism business, the federal government earmarked IDR 3.8 trillion (USD 258 million) to develop high quality locations and launch new advertising initiatives. The […]

Airbnb contributes USD 320 million to Indian economy

Airbnb contributes USD 320 million to Indian economy

Airbnb contributed over INR 22 billion (USD 320 million) to India’s Gross Home Product (GDP) and supported near 50,000 native jobs in 2019 alone, based on the Oxford Economics’ The Financial Affect of Airbnb in India report. The landmark report explores the overall financial influence of the corporate in India between 2015 and 2019. The […]

Eurowings makes free middle seat bookable from USD 21

Eurowings makes free middle seat bookable from USD 21

Responding to a altering aviation world with new buyer wants by persistently providing revolutionary services, Eurowings is the primary German airline to launch a free center seat that may be booked prematurely of the flight. The brand new provide has been examined very efficiently in dwell operation over the previous few weeks and has met […]

WTTC says USD 28.91 billion to be lost from the UK economy

WTTC says USD 28.91 billion to be lost from the UK economy

A staggering GBP 22 billion (USD 28.91 billion) seems set to be misplaced from the UK economic system because of the collapse of worldwide journey throughout 2020, based on the World Journey & Tourism Council (WTTC). Travellers and vacationers are staying away from the UK in droves due to persevering with uncertainty round journey restrictions […]

AirAsia X out of money, needs USD 120 million for restart

AirAsia X out of money, needs USD 120 million for restart

Long-haul low-cost carrier AirAsia X has run out of money and needs to raise up to MYR 500 million (USD 120.60 million) to restart the airline. This was revealed by deputy chairman of the company Lim Kian Onn. The Malaysian airline, the long-haul arm of AirAsia Group said this month it wanted to restructure MYR […]

Tourism in Spain staring at USD 120 billion loss due to COVID-19

Tourism in Spain staring at USD 120 billion loss due to COVID-19

Devastated by the pandemic, Spain’s all-important tourism sector is expected to incur losses of more than EUR 100 billion (USD 120 billion) this year, an industry body warned. If the dire prediction proves correct, it would take the sector’s annual income back to the level it was in 1995, the Exceltur tourism association said. “We […]

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