Saudi Arabia is set to build one of the world’s largest airports, should you hire a Chief AI Officer and more...

Saudi Arabia is set to build one of the world’s largest airports
Tuesday, 5th March 2024

Saudi Arabia is set to build one of the world’s largest airports in what will be a huge boost for the Kingdom’s ambition to become a global hub for trade and tourism, according to Crown Prince Mohammed bin Salman bin Abdulaziz.

King Salman International Airport masterplan announced by Crown Prince, the airport will help drive annual passenger traffic in Saudi Arabia from the current 29 million to 120 million travelers >>

Travel Outlook and OTA Savings by x-quic announce a strategic partnership to maximize profitability
5 Mar 2024 : Travel Outlook, the premier hotel call center™ is pleased to announce a strategic partnership with OTA Savings by x·quic™, the leading provider of AI-powered online travel agent (OTA) reconciliation >>

IHG brings the first InterContinental Resort to Dubai
5 Mar 2024 : The Heart of Europe, the flagship project of Kleindienst Group, signed an agreement with IHG Hotels & Resorts, one of the world’s leading hotel companies, to launch and manage the InterContinental Resort Portofino, The Heart of Europe on The World Islands, Dubai >>

Banyan Group records a doubling of profit for FY2023
5 Mar 2024 : Revenue 21% higher than FY2022 on robust rebound in tourism, Hotel Revenue per available room (RevPAR) increased 35% (on a same store basis) vs FY2022 >>

HIGHLIGHT ARTICLE

Reasons Why You Should Hire a Chief AI Officer – and 5 Reasons Why You Shouldn’t
Tuesday, 5th March 2024

Is it the hottest job in corporate America – or is it a passing fad that will fade away in a matter of months? Either way, 2024 will be the year of the Chief Artificial Intelligence Officer (CAIO).

This Insight will briefly discuss the exponential growth of CAIO roles over the past year and provide you with five reasons you should immediately run out and hire one – and five reasons why you shouldn’t >>

Carbon Prices and Inflation in the Euro Area
What is the effect of carbon pricing on inflation? This paper shows empirically that the consequences of the European Union’s Emission Trading System (ETS) and national carbon taxation on inflation have been limited in the euro area, so far >>

In case you've missed it: Global eNewsletter of March 04, 2024
India’s outbound tourism potential: over 30% of Indian travellers choose to visit Middle East destinations, Hyatt House Tokyo Shibuya and more >>