Trip.com Group has announced a childcare subsidy for its global employees. Employees who have been with the company for three years or more will receive an annual cash bonus of RMB 10,000 for each newborn child every year from the child’s first birthday until the child reaches the age of five. The company plans to…
Global Luxury Tourism To Reach 1.5 Billion by 2028
Experts anticipate the value of the global luxury travel market will reach $1.5 billion by 2028, growing at a CAGR of 6.3% between 2018 and 2028. There is a correlation between luxury travel and unique, one-of-a-kind experiences and bespoke service. Increasing spending by well-off visitors motivated by a desire to see uncharted territory and engage…
Emirates Will Spend 2 Billion Dollars Improving Its Onboard Experience For Passengers
Emirates has big plans to ramp up its services for travelers. Earlier this month, the airline announced that it is investing over 2 billion U.S. dollars for onboard improvements such as revamping its aircraft with the latest designs, technology, and other amenities in order to enhance its passengers in-flight experience. We’ve got all the details…
Air India comes home! AI goes back to the Tatas after 68 years as it wins bid for USD 2.4 billion
In a new dawn for the Indian airlines industry, the national carrier Air India has gone back to its original founders. The Tata Sons won the bid to acquire the airline today. The Tatas placed a winning bid of INR 18,000 crore (USD 2.4 billion) to re-acquire the carrier more than half a century after…