Travel News

This September, Visit Portugal will attend the hugely popular FTWeekend for a second time. On September 2, 2023, at Kenwood House Gardens, guests of FTWeekend will have the chance to immerse themselves in Portuguese flavors, wines, and books thanks to the partner theme “Be Inspired by Visit Portugal.” The one-day festival will feature important panel discussions, cookery demos, and live jazz and poetry performances. Visitors to FTWeekend will be transported to Portugal through a variety of culinary experiences, superb wines, and literary sessions that emphasize Portugal’s best features. From the shore to the interior, visitors will be motivated to explore Portugal. Nuno Fazenda, Portugal’s Secretary of State for Tourism, Commerce, and Services, continued: “Historically, Portugal’s top tourist destination has been the United Kingdom. The first semester of 2023 is the best in Portuguese tourist history, including that coming from the British market, where hotel guests increased by about 10% from 2019, the previous best year, to this point. Brits are also learning about new places and tourist attractions. Portugal’s participation in this famous Financial Times event offers the chance to further promote its reputation as an excellent year-round travel destination. Portugal is a popular destination for tourists from the UK. Revenue and visitors from the UK have continued to increase at the location. In the first half of 2023 compared to the same time in 2019, Portugal saw a 15% increase in tourist revenue from the UK and a 9% increase in UK visitor arrivals. The planned workshops will take participants on a trip and cater to individuals looking for meaningful and immersive travel experiences beyond typical tourist destinations. A literary tourism excursion will be led by renowned novelist José Luis Peixoto for a discriminating audience, revealing stories and clarifying what lies between the pages. This literary adventure promises to add a magical literary element to any journeys to Portugal. Portuguese cuisine offers an enticing fusion of flavors and traditions. from the well-known “pastéis de nata” custard pastries to classic seafood and fish entrees. Henrique Sá Pessoa, a two-star Michelin chef from Portugal, will serve a delectable salt cod meal to onlookers. Portuguese two-Michelin-star chef José Avillez will moderate insightful debates about Portugal’s culinary journey, from field to table, with Danilo Cerqueira, Tempo Vip CEO, and Rachel O’Reilley, KUONI Director of Communications. Every taste of Portuguese wine opens a door to centuries of viticultural heritage as it tells tales of ancient vineyards, from the Douro Valley to Azores wines. As Master of Wine Julia Harding and FT drinks journalist Alice Lascelles lead a tasting of the most exquisite Portuguese wines, guests can set off on their own journey through Portuguese wines. These tourism niches embody not only a dedication to cultural preservation and sustainability, but also have a profoundly transformational effect. Their attractiveness stems from their capacity to lead tourists into new realms of exploration, thought, and taste. This assortment of activities, which is opulent in its departure from the norm, has the potential to provide a rich, all-encompassing, and spectacular travel experience in the future. The tens of thousands attending FTWeekend will also discover Portugal’s reputation as one of the world’s most exciting travel destinations and how it is setting the standard for cuisine, culture, and literature.Source- Travel dailyLink- https://www.traveldailymedia.com/be-inspired-by-visit-portugal-at-ftweekend/

The official destination marketing group for Washington, DC, Destination DC (DDC), claimed visitation is trending towards a restoration to pre-pandemic levels against the backdrop of a new advertising campaign. 21.9 million people visited the city in 2022, including 1.2 million tourists from other countries. Domestic tourism has therefore recovered to 91 percent of pre-pandemic levels, while overseas tourism has recovered to 60 percent. The tourist sector is still recovering, according to Elliott L. Ferguson, II, president and CEO of DDC, who made the announcement during the organization’s annual Marketing Outlook Meeting on Tuesday at the Warner Theatre. There were hundreds of delegates from local tourist and hospitality enterprises in addition to city leaders and stakeholders. “We knew domestic travelers would return more quickly than those from international markets, and the data tells us DC is a top choice when domestic travelers are considering where to spend their money,” said Ferguson. The data also reveals that we must keep luring visitors from abroad to visit again. The tourism recovery district law will help us keep luring back tourists from across the world who have more money to spend. This is significant because tourists directly support local businesses and improve the standard of living for locals. Seven percent of all tourists are normally from abroad, but they spend 27 percent of all visitors’ money. The 1.2 million foreign tourists reflect an increase of 279 percent from the previous year.The top overseas markets included the UK, Germany, Canada, France, India, Brazil, Mexico (via air), China, South Korea, and Australia.In the upcoming fiscal year, DDC intends to expand its presence in a few key regions, starting with Brazil and Mexico. DDC also revealed plans to maintain the favorable trend both domestically and internationally by revealing a new ad campaign called “There’s Only One DC.” The destination is presented as completely distinct in the branding. In terms of food, nightlife, the arts, sports, theater, outdoor activities, and green areas, DC is on par with other top-tier cities. However, no other place in the nation can match DC’s monuments, museums, memorials, and free activities. On November 1st, the campaign will formally debut. “As we celebrate the progress in bringing tourists back to DC, and the jobs and opportunities those visitors create, we are also excited to support Destination DC’s new ‘There’s Only One DC’ campaign,” stated DC Mayor Muriel Bowser. “It’s true: Washington, DC is the only place in the world like it. There is only one location where you can go to Ben’s Chili Bowl at night and then visit the White House during the day. There is only one location where you can travel to Sycamore & Oak first, then Cedar Hill, all in one trip. There is only one location, though, where you can celebrate and soak in the culture of the 700,000 Washingtonians who live in DC while learning about the history of our country. “‘There’s Only One DC’ allows us to unapologetically own how fabulous this city is while promoting it,” said Robin A. McClain, chief marketing officer of DDC. It has undergone rigorous testing and study, and the graphics purposely combine classic DC elements with undiscovered gems. We will reach more potential tourists than ever with extra money and a research-based plan with MMGY Global, our advertising agency of record. The campaign complements DDC’s ongoing work to promote the city for meetings and conventions through its “Connected” platform, which focuses on meeting planner resources available only in Washington, DC. Strong industries and access to decision-makers and specialists are two examples. DC’s locally sourced eating scene is exploding, including Michelin-starred establishments, James Beard Award-winning chefs, and internationally recognized mixologists. With 19 new hotels and more than 3,500 additional rooms on the way, the hotel industry in the city is likewise experiencing a resurgence. Thousands of visitors are anticipated for major events like DC JazzFest (Aug. 30-Sept. 3), Theatre Week (Sept. 29-Oct. 8), and the World Culture Festival (Sept. 29-Oct. 1). In addition, the National Museum of Women in the Arts will reopen this fall after years of refurbishment. Data on visits: Total visitors to DC in 2022 were 21.9 million (20.7 domestic and 1.2 international).19.1 million tourists in total, 18.8 million domestic and 320,000 foreign, came to DC in 2021.Prior to the pandemic, DC welcomed a total of 24.8 million tourists in 2019 (22.8 million domestic and 2.0 million foreign).In conclusion, overall visitation is up 14.6% year over year but down 11.7% from 2019.According to STR, DC now outperforms other significant markets in year-over-year growth (31.5 percent), after ranking among the hotel markets with the weakest recovery in 2022. In 2022, tourists will spend $8.1 billion.Over 2021, up 50.8 percent (99.9% of 2019 levels).Visitors’ spending resulted in record-high taxes of $1.6 billion.58.7% higher than in 2021 and 1.6% higher than in 2019 levels.A record 84,111 jobs were supported by visitors.45 percent higher than in 2021 and 7.5 percent higher than in 2019The industry supports 71,197 jobs directly; the other jobs are indirect or generated by rising visitor numbers. Source- Travel dailyLink- https://www.traveldailymedia.com/destination-dc-campaign-reveals-strong-visitation-numbers/

Digital travel company Agoda unveiled a candid investigation into the less glamorous aspect of air travel as vacationers around the world were eager to take off on new experiences. Agoda’s Travel Bugbears Survey 2023 explores the world of in-flight annoyances, emphasizing that even the smoothest journey can have its hiccups. These annoyances range from overly chatty neighbors to bathroom hoggers. The survey, which looked at 10 Asian markets, revealed that flyers’ biggest pet peeve is disrespectful invasion of personal space. People from South Korea, Thailand, and Taiwan are the most irritated by invasions of their personal space, whether it is a battle for control of the armrest or the production of body sounds and offensive odors from bare feet. Unsurprisingly, airline delays are a major complaint among travelers in the Asia Pacific region, ranking second on the list. Flight delays are the top pet peeve of travelers from the Philippines, who also regard them as their biggest pet peeve. This feeling is shared by visitors from Malaysia, Indonesia, and Vietnam. The presence of loud passengers, such as excessively chatting seatmates, couples exposing their dirty laundry in public, or rowdy groups broadcasting their music or games across the whole flight, ranks as the third biggest in-flight nuisance in the region. While Taiwanese and South Korean passengers prefer quieter flights, Australians and Malaysians are the least sensitive to noise. Although they also value silence, the Japanese are the only market that expresses intolerance for rowdy passengers who are disrespectful to the cabin personnel. According to Liyana Jamil, Vice President of Global Partner Services at Agoda, “For many of us, the holiday fun begins the moment we board a plane.” “However, despite the fact that flying is typically a pleasant experience, there are occasionally slight annoyances. The results of this lighthearted survey should raise awareness, encourage consideration, and improve the in-flight experience on any of the more than 130,000 bookable flight routes on Agoda, in my opinion. When focusing on the responses from Indian respondents, it becomes clear that loud passengers and impolite behavior tied for second place as the worst irritants for Indian tourists. Third spot goes to the infamous armrest conflict. Agoda has a reputation for being a reliable resource for booking hotels and vacation rentals online, but since adding flights to the site in 2019, booking flights has become more popular. Source- Travel dailyLink- https://www.traveldailymedia.com/agoda-reveals-in-flight-frustrations/

Mantra Melbourne Airport is happy to announce that the facility will undergo a multi-million dollar renovation. The new-looking hotel is scheduled to be unveiled in 2024 and will provide guests first-rate amenities and a peaceful stay. The well-known airport hotel, formerly known as Mantra Tullamarine, has recently changed its name to Mantra Melbourne Airport to improve clarity and make it simpler for visitors to understand the hotel’s handy location at the airport. The hotel suites, restaurant, and bar at Mantra Melbourne Airport will all undergo renovations. The updated guestrooms offer a variety of lodging options, including executive, premier, and deluxe apartments as well as suites. They will have new furniture, bedding, and interior decor, giving visitors a place to unwind before continuing their trip. The newly renovated restaurant and bar will provide customers with a great dining experience as well as a variety of delectable drinks at the bar. The improvements to the hotel will complement the superb amenities already present at Mantra Melbourne Airport, which include a state-of-the-art conference and events center, heated lap pool, sauna, and fully-equipped gym. Stuart David, general manager of Mantra Melbourne Airport, stated: “We are thrilled to unveil our remodeled restaurant and guestrooms, which will give our visitors an even more comfortable stay. The renovation represents a sizable investment in the hotel, and we are certain that our visitors will appreciate the upgraded amenities. “The renovations are a part of Mantra Melbourne Airport’s dedication to provide visitors the finest experience possible. The hotel is an excellent option for travelers looking for accommodations whether they are traveling for work or pleasure because of its accessible location close to Melbourne Airport. A 24-hour shuttle service to and from the airport is provided by Mantra Melbourne Airport. The hotel is the ideal starting point for seeing the city as it is only a short drive from Melbourne’s central business district. Melbourne is a well-liked location for both domestic and foreign travelers since it offers a wide variety of experiences for hotel guests, from cultural attractions to natural beauty. A car rental service is also available to visitors at the hotel. From luxury to economy, Accor has 19 international brands across Australia, New Zealand, Fiji and French Polynesia, such as Sofitel, MGallery, Art Series, Pullman, Swissôtel, Mövenpick, Grand Mercure, Peppers, The Sebel, Mantra, Handwritten Collection, Novotel, Mercure, BreakFree, ibis, ibis Styles and ibis budget, and including Ennismore’s SO/ and TRIBE. Source- Travel dailyLink- https://www.traveldailymedia.com/mantra-melbourne-airport-to-undergo-refurbishments-with-a-new-look-by-2024/

Denison is happy to announce its collaboration with Magellan Jets, which will give customers exclusive access to far-flung areas via boat and private aircraft rentals. Magellan Jets is ideally adapted to meet the fundamental requirements of the luxury travel market thanks to its decades of expertise and dedication to the highest degree of safety. For its customers, the company offers the best private jet options and the most individualized flying experiences. The exciting partnership, according to Jennifer Welker Peacock, Manager of Brand Partnerships at Denison Yachting, “goes beyond the journey itself. It’s about continuing to help create unforgettable, first-class experiences for our clients in tandem with a business that strives to do the same for theirs.” The timing of this cooperation, which coincides with the Mediterranean’s busiest tourism season, the approaching Cannes Yachting Festival, and the Monaco Yacht Show, highlights both its importance and the value we place on timely, premium experiences. Founder and President Bob Denison expressed his excitement about the complementary nature of the two upscale companies, saying, “Partnering with Magellan Jets just made sense. We at Denison have always taken great delight in providing unmatched yachting experiences. Magellan reflects that dedication in the field of aviation. Together, we’re blending luxury seamlessly on the water and in the air. It feels right, and it’s the next step in our path. Joshua Hebert, CEO and Founder of Magellan Jets, exclaimed, “We’re thrilled to unveil our new partnership alongside Denison Yachting.” “By collaborating closely with Bob Denison, President of Denison Yachting, we have found a common devotion to quality and a firm commitment to our core beliefs. Denison’s enviable reputation and engrained fundamental values mesh perfectly with our own. This interplay guarantees that our customers will embark on an unforgettable journey where every moment turns into a priceless memory. We’re dedicated to offering a customized and amazing tour under Bob Denison’s leadership, enhancing the moments spent with loved ones to the fullest. Source- Travel dailyLink- https://www.traveldailymedia.com/magellan-jets-announces-partnership-with-denison-yachting/

After a £20 million investment, the luxury hotel in the heart of the city opened its doors in 2021 and has since broken all previous sales and occupancy records. The hotel’s room rate increased by 5% in July, and room sales were up 14% over the same month last year. The four-star hotel contains 88 rooms, a rooftop bar named Generators, and Forme & Chase, an all-day bar and restaurant. Since the hotel’s opening, Amy Windsor has served as general manager. According to Amy Windsor, the hotel has benefited greatly from the expansion of the tourism industry and an improving nightlife sector. We saw record numbers for July, which Amy attributed to the fact that everyone benefits when there are events taking place in the city center, from hotels and restaurants to music venues and theaters. “The events and activities that took place in the city center were a big reason why we had our best-ever takings in the month. We had a significant boost from university graduation ceremonies as well, and we were completely booked for the duration of that time. Our business has expanded during the week as more people visit the city for an evening of entertainment at places like the HMV Empire and the Belgrade Theatre.We constantly suggest additional locations for our visitors to check out throughout the area, and this cooperative effort is causing the city to prosper. “Our visitors frequently comment on how astounded they are by the variety of amenities the Coventry city center offers. Whether it’s for families, couples, or groups of friends going out on a night out, we offer a fantastic variety of pubs, restaurants, and nightlife places for people to experience. Along with Coventry Cathedral and the museums, “the daytime attractions are also bringing in tourists,” in particular “new attractions like Charterhouse and St Mary’s Guildhall.”A key component of the overall visitor appeal is the availability of high-quality hotels in the city center. To fully explore everything the city has to offer, we have had one visitor stay with us seven times over the past two years. For all the local businesses, anything that increases foot traffic to the city center is wonderful news. According to the most recent tourism statistics, Coventry’s tourism industry has recently grown at historic rates, with the visitor economy expected to be worth £750.86 million by 2022. This includes an increase in the average overnight spending per tourist in the city to £225.74, which will be very beneficial to the city’s hotel industry. The data were made public in the most recent STEAM report, which Destination Coventry, a destination management organization, had ordered. In order to strengthen and advertise Coventry’s offer to nighttime visitors, Visit Coventry, a division of Destination Coventry, recently launched a new campaign in partnership with venues throughout the city. “It’s fantastic to see a business, which is a key player in our visitor economy, thriving,” said Paul Jones, managing director of Destination Coventry. The city center of Coventry is now hosting several fantastic events that are attracting a lot of visitors, so there is a lot to be pleased about.One of our hospitality industry’s crown treasures, The Telegraph, deserves to profit from the robust program for both daytime and evening customers. Source- Travel dailyLink- https://www.traveldailymedia.com/coventrys-telegraph-hotel-experiences-a-record-month/

As the airline rolls out live TV across its widebody aircraft, sports fans flying with Air New Zealand will soon be able to support their favorite team from 33,000 feet in the air. The live TV entertainment trial, which will be made available on the airline’s 787 and 777 planes, will be gradually introduced starting today, offering customers of Air New Zealand a front-row view of the action and featuring programming such as upcoming All Blacks matches. Customers of Air New Zealand will be able to follow every play of the game thanks to live sport onboard, provided they follow the instructions of the airline’s “Onboard Officials.” In order to ensure that passengers can enjoy the action and celebrate (or commiserate) without becoming their neighbor’s worst nightmare, the airline has created some rules of fair play in the skies. Tips from Air New Zealand for maintaining composure while watching live sports: Please stay seated; although cheering is encouraged, this is not a line out. Observe your neighbors’ privacy because they may be doing something else. When competing for armrest space, stay onside because going offside could get you a yellow card. Recline, unwind, and take in the game! Launching live TV onboard, according to Air New Zealand Chief Customer and Sales Officer Leanne Geraghty, gives passengers more entertainment options than before. Adding live sport is a great way to provide customers access to even more material so they never have to miss a minute of the game. “We’ve been on a quest to deliver consumers the best entertainment options in the skies. We love rugby, much like most Kiwis, so starting the roll out of live sport today means passengers will be able to watch live rugby onboard and cheer on their team while in the air.Although we are aware that many of our customers are ardent sports fans, there are a few rules we advise adhering to, such as being seated and keeping your neighbors in mind when celebrating. The live TV service provided by Air New Zealand includes Sport 24, a channel that connects viewers to must-see sporting events and is offered by Panasonic Avionics. Customers may watch the Rugby World Cup, Premier League, US Open, NRL, AFL, NFL, and many other events on the channel. Source- Travel daily

In response to the strong return and growth of travel in Asia Pacific across most markets, Collinson, a global leader in the provision of airport experiences, loyalty and customer engagement solutions, and owner and operator of Priority Pass, keeps growing its network of airport lounges and travel experiences to accommodate the rising number of travelers. In the first seven months of 2023 (from January to July), airport lounge visits increased dramatically across Asia Pacific by 44%, with South and South-East Asia seeing the greatest growth. Additionally, when pre-pandemic July 2019 lounge visit data is compared to July 2023 data, a 32% rise is shown. As we celebrate the nearly complete return of travel in the Asia Pacific region, where air passenger traffic is reportedly at over 90% of pre-pandemic levels, Todd Handcock, Global Chief Commercial Officer and Asia Pacific President at Collinson, said, “We remain focused on elevating our members’ travel journeys by growing and enhancing our airport lounges and travel experiences. We carefully and cooperatively worked with industry partners from all over the region in the first half of this year to nearly double the number of airport lounges and travel experiences in the Asia Pacific network. Members of Priority Pass now have access to 88 new airport lounges and travel opportunities in Asia Pacific. 27 lounges have been introduced in popular travel locations throughout Asia Pacific, including Cambodia, Hong Kong SAR, Malaysia, Singapore, Taiwan, and the Philippines, thanks to a recently renewed collaboration with Plaza Premium. Through direct agreements with Blue Sky Group, Noi Bai Aviation Joint Stock Company (SNG HNG), and SSP Malaysia, Collinson also increased the number of airport lounges it operates in Indonesia, Vietnam, and Malaysia. Through a direct relationship with Guangzhou Baiyun International Airport Business Travel Service Co Ltd, it has also added seven premium airport lounges in mainland China. “We continue to be focused on extending our inventory to provide smooth, joyful, and stress-free travel experiences to our members as we meet the growing volumes and evolving expectations of travelers. Results from our recent Asia Pacific customer engagement and loyalty study report, which found that 76% of customers consider a brand’s experience to be just as important as its goods or services, provide more evidence for this, Handcock continued. The analysis, which polled more than 4,750 regular travelers in 10 Asia Pacific markets, found that travelers in the region, especially Millennials and Gen Z tourists, are looking for unusual and immersive experiences. Airport lounge access came in first on respondents’ lists of travel perks, and Priority Pass membership makes it possible to enjoy other top-rated experiences like dining savings and lifestyle and wellness benefits. Access to co-working spaces – Connect and Miracle Co-working space – in Singapore Changi Airport and Bangkok’s Don Mueang International Airport are new experiences that have been introduced to the Asia Pacific portfolio this year. Members can also choose from a variety of dining options thanks to the addition of 16 additional restaurants in Australia, Singapore, Hong Kong, Mainland China, and Japan. Travelers entering Japan can also decompress and unwind at the Kutsurogi Dokoro, a Japanese-style public bath located at Chubu Centrair International Airport, or they can choose to take a nap at the nine-hour capsule hotel located at Narita Airport. Currently, Priority Pass Members get access to more than 550 airport lounges and travel experiences throughout Asia Pacific, as well as more than 1,400 worldwide in all of the key travel regions. Members get access to a wide variety of exclusive activities that help make every travel exceptional, including spas, sleeping pods, and eating. Source- Travel dailyLink- https://www.traveldailymedia.com/collinson-increases-airport-lounges-and-travel-experiences-in-asia-pacific/

The corporate travel segment of FLT continued to outperform, handily outpacing the recovery of the larger market and generating record TTV in FY 23. The $11 billion result for FY23 was a 96% year-over-year rise (FY22: 5.6 billion) and a nearly 25% increase over the previous TTV record (FY19: $8.9 billion). “FCM Asia has had a roaring performance in corporate travel, breaking 2019’s TTV record despite China being closed until January 2023,” stated Bertrand Saillet, Managing Director of FCM Asia. After China’s opening, this led to a robust performance in H2, with a 36% increase over H1. Through significant important customer wins across the globe and a retention rate of more than 98 percent among current customers, we increased our market share in Asia. “Our technological investments allowed us to develop the FCM Platform, which is exclusive to China and India, enabling us to provide technology on par with market standards while providing the best client experience. As a result, we have attracted Asian-based companies, making FCM the preferred TMC in the area. “We are very well positioned for FY2023 and are working closely with our customers, suppliers, and partners,” the company stated, “with a significant year over year decrease in expense margins.” Flight Centre Travel Group experiences significant profit growth in the fiscal year 2023. During the 2023 fiscal year (FY23), there was a significant recovery and trading conditions improved. The second-best performance ever achieved: Total transaction value (TTV) growth of 112% to $22 billion.underlying earnings before interest, tax, depreciation, and amortization (EBITDA) increased by around $485 million year over year to $301.6 million.The business successfully carried out its core international strategies during FY23, which included: Grow to Win: Through excellent client retention and significant numbers of new account wins, this strategy has helped FLT outperform the larger industry recovery in the $US1.4 trillion global business travel sector. According to predictions from the Global Business Travel Association, FLT’s corporate TTV surpassed pre-COVID levels in June 2022, over two years before the expected industry recovery, and it continued to grow steadily throughout FY23.FLT has maintained its investment in significant growth factors like: Technology: FCM corporate platforms power the omnichannel development of the Flight Centre brandInnovation: By utilizing robotic process automation (RPA), artificial intelligence (AI), and machine learning to create a better customer experience while achieving sales and savings goalsProduct Strengthening: As airlines heavily engage in new distribution models, such as New Distribution Capability (NDC), they are strengthening their product (content) aggregation capabilities to provide corporate clients the largest range of airfare options.Global Corporate Travel Sector Comfortably Outpacing Industry Recovery In FY23, FLT’s corporate travel division delivered record TTV while comfortably outpacing the recovery of the entire industry.The $11 billion FY23 result reflected 96% year-over-year growth (FY22: $5.6 billion) and an increase of over 25% over the prior TTV record (FY19 $8.9 billion).The Europe, Middle East, and Africa (EMEA) business surpassed its previous record by 59%, Asia by 24%, the Americas by 15.6%, and Australia-New Zealand (ANZ) by 10.5%. New TTV milestones were also reached in all other geographic segments.With 31% of group corporate TTV generated by the Americas business, FLT’s largest corporate operation, it was barely ahead of ANZ (30%), EMEA (28%) and Asia (11%) in terms of revenue.With growth once again being driven organically by high customer retention rates and a sizable pipeline of international account wins for both FCM (large market sector) and Corporate Traveller (SMEs/start-ups), corporate transaction volumes also exceeded pre-COVID levels, well ahead of the estimated industry-wide recovery of 70-75% of FY19 transaction levels.With wins often coming from rivals, FCM gained new, committed clients with annual spending in the neighborhood of $1.6 billion. Corporate Traveller won more than half of its uncontracted business from previously unmanaged accounts.In terms of EBITDA during FY23, the company generated an underlying profit of $190 million, an increase of about 3000% year over year (FY22: $6 million). Source- Travel daily

On Yas Island Abu Dhabi, the leisure and entertainment destination, guests and children can make the most of the remaining summer days with an exceptional lineup of family-friendly attractions and unmatched entertainment. With back-to-school season just around the corner, the fun never ends. Yas Island offers something for everyone all year long, whether you’re looking for exhilarating rollercoaster rides or quiet leisure by the shore. Are you trying to make enduring memories with your loved ones? At the biggest and slimiest family event of the year, the Nickelodeon Kids’ Choice Awards, kids are in for a treat when they get to meet their favorite online personalities. Visitors can enjoy upbeat entertainment and interesting performances at the event, which is scheduled to take place at Etihad Arena in September and is catered to Nickelodeon fans throughout the world. With Yas Island’s “Kids Go Free” packages, make the most of your visit and have access to a variety of benefits, including free stays, playtimes, and dining experiences for children. Before September 30, visitors who book a stay at one of the island’s participating hotels are eligible to take advantage of Yas Island’s Kids Go Free promotion. Visitors can join the celebrations later in October and watch a fantastic performance of “Disney on Ice” as they commemorate a century of wonders this October 11–15 at Etihad Arena. As Mickey, Minnie, Donald, Goofy, and all of your favorite Disney characters glide on ice while narrating fantastical stories and putting on a stunning, show-stopping performance of art, a world of excitement awaits! A trip to Yas Island’s theme parks is essential for nonstop family-friendly entertainment. ‘Race into Summer’ at Ferrari World Yas Island in Abu Dhabi continues to enthrall thrill-seekers and young children with a variety of Ferrari-themed activities and an enthralling drone show that gives visitors an incredible way to top off an action-packed day at the park. With Warner Bros. WorldTM Abu Dhabi’s DC Super Hero Season running through September 3, visitors and children may experience splash-tastic adventures at Yas Waterworld Yas Island, Abu Dhabi, and meet their favorite Super Heroes there. In addition, the recently opened SeaWorld® Yas Island, Abu Dhabi gives visitors and kids a fantastic chance to take in the fantastical wonders of the sea as they bid farewell to the last few days of summer. Visitors and children can wave farewell to the end of summer and welcome the start of the school year with a haven of action-packed adventures and themed entertainment at every turn thanks to Yas Island’s nonstop year-round program of activities and plenty of fun in store. Source- Travel dailyLink- https://www.traveldailymedia.com/yas-island-extends-summer-thrills/