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113. Profits at Air Arabia Up 35.6%
Profits at Air Arabia Up 35.6%. Sharjah-based Air Arabia, has reported a net profit of AED 510 million for the financial year ‎ending December 31, 2008, compared to a net profit of AED 376 million in 2007, ‎an increase of 35.6%.‎
114. Marriott to Open 57 Hotels in Asia over Next Four Years
Marriott to Open 57 Hotels in Asia over Next Four Years. Marriott will officially celebrate its 20th anniversary in Asia on February 27 with plans to expand its existing portfolio of 109 hotels by a further 57 properties offering 15,510 rooms over the next 48 months. This significant growth is also expected to create more than 15,000 new jobs in the hospitality sector across Asia.
115. Bintan Resorts Visitor Arrivals for 2008
Bintan Resorts Reports Strong Visitor Arrivals. Bintan Resorts recorded a significant increase in visitor arrivals for the year ending 31st December 2008. The destination saw a total of 397,833 visitor arrivals in 2008, representing a 19.2% increase from the 333,771 visitors in 2007.
116. FCm Travel Going for Growth Through New Regional Strategy
FCm Travel Going for Growth Through New Regional Strategy. Asia Pacific based global travel management consultancy, FCm Travel Solutions, is aggressively pursuing further expansion in the region after achieving record growth in 2007/2008.
117. Qatar Airways launches New Tray Concept in Economy Class
Qatar Airways launches New Tray Concept in Economy Class. Qatar Airways has revamped its Economy Class inflight-service on all flights operating to and from the UK. All onboard meals are now served in a new presentation style using recyclable materials, the move is aimed at enhancing passengers overall flying experience.
118. Cargo Volume at HKIA Down 28.9% in January; Passenger Numbers Up 0.2%
Cargo Volume at HKIA Down 28.9% in January 2009; Passenger Numbers Up 0.2%. Hong Kong International Airport's passenger traffic figures for January 2009 show marginal growth, up 0.2% to 4 million from the same month in 2008. A 28.9% drop in cargo volume to 210,000 tonnes was recorded while air traffic movements declined 2% to 24,245.
119. Small Luxury Hotels of the World launches Travel Agent Promotion
Small Luxury Hotels of the World launches Travel Agent Promotion. Each week until mid-April, Small Luxury Hotels of the World is offering travel agents the opportunity to win one of 10 five-night stays at any one of its worldwide properties.
120. Less Trade Fairs to Aggravate German Hotel Downturn
Less Trade Fairs to Aggravate German Hotel Downturn. According to MKG Hospitalitys market monitoring database, Hotel CompSet, Average Daily Rate (ADR) rose by 3.9% compared to 2007, whilst Occupancy Rate (OR) saw a slight reduction of 1.3 percentage points. Budget and Midscale chain hotels achieved the best results in 2008, both with a 3.1% increase in RevPAR, fuelled by a 6.2% an

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