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1. IFA Travel & Tourism signs JV Agreement with Wings Corporate Travel
IFA Travel & Tourism signs JV Agreement with Wings Corporate Travel. IFA Travel & Tourism (IFA TT), a subsidiary of IFA Hotels & Resorts (IFA HR), a leading travel and tourism company, has entered into a joint venture partnership with Wings Corporate Travel (Wings) for the Middle East and North Africa. The JV partnership will fully integrate and standardize the corporate travel mar
2. SA Rugby Forms JV with British & Irish Lions
The British & Irish Lions and SA Rugby have created a joint venture for the 2021 Tour to South Africa. Under the terms of the JV, The Lions and SA Rugby will combine their commercial offering, enabling broadcasters, partners and licensees the chance to fully leverage and activate around a new centralised programme.
3. Absolute Hotel Services forms JV in India
Absolute Hotel Services forms JV in India. Absolute Hotel Services has created a joint venture company in India with KBJ Group and National Capital Management Pvt. Ltd. (NCMPL). The new company, called Absolute KBJ Hotel Services India has been established to support Absolute Hotel Services company expansions in hospitality management and consultancy services across India, Banglade
4. Minor Forms JV with China’s Funyard Hotels & Resorts
Minor Hotels and China’s Funyard Hotels & Resorts have established a joint venture that will oversee business development, hotel operations, as well as the sales and marketing functions of seven Minor Hotels brands in China. Among the brands that Minor Hotels is planning to bring to China as part of the JV are: Avani, nhow, NH Collection and Oaks. Published by TravelNewsAsia.com on
5. Finnair and Finncomm form JV Maintenance Company
Finnair and Finncomm form JV Maintenance Company. Finnair and Finncomm Airlines have formed a joint venture, Finnish Aircraft Maintenance Oy (FAM), which will specialise in maintenance services for regional aircraft. Finnair and Finncomm Airlines will each own 50% of the company. The company previously operated as part of the Finncomm Group.
6. IFA Hotels & Resorts enters Seychelles in JV with Indian Ocean Resorts
IFA Hotels & Resorts enters Seychelles in JV with Indian Ocean Resorts. The Seychelles islands are 1,600 kilometres due east of the Kenyan coast and Ste Anne island is a mere 10 minute boat or helicopter ride from the international airport on the main island of Mahé. The location of this private island is perfectly positioned for the development to take advantage of the tranquilit
7. AirAsia Enters Vietnam with JV
AirAsia Enters Vietnam with JV. AirAsia has acquired a 30% equity stake in VietJet Aviation Joint Stock Company (VietJet Air) to establish a Vietnam-based joint venture low-cost airline which will carry the name VietJet AirAsia. The Ministry of Transportation of Vietnam approved the share acquisition on 9 February 2010.
8. Marriott Targets Spain with AC Hotels JV
Marriott Targets Spain with AC Hotels JV. Spain’s AC Hotels and Marriott International have reached a preliminary agreement to form a joint venture that will manage and franchise a new lodging co-brand across Europe and Latin America – AC by Marriott. Founded in 1998 by Antonio Catalán, AC Hotels currently has a portfolio of over 90 owned, leased or managed hotels in Spain, Italy a

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