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Tag: 2023

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T&T deals globally plunge 31.9% in 2023: GlobalData

T&T deals globally plunge 31.9% in 2023: GlobalData

Global travel and tourism sector witnessed the announcement of a total of 723 deals (mergers & acquisitions (M&A), private equity (PE), and venture capital (VC)) during 2023, a decline of 31.9% compared to the 1,062

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EbixCash records 38% growth in forex during 2023; revenue surges 24% in Q4

EbixCash records 38% growth in forex during 2023; revenue surges 24% in Q4

EbixCash Limited, a subsidiary of global software and e-commerce services provider Ebix, Inc., has reported significant year-over-year (YOY) growth in its payment solutions vertical, particularly in the areas of foreign exchange, inward and outward money

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DGCA carries out 5,745 surveillance activities in 2023

DGCA carries out 5,745 surveillance activities in 2023

The Directorate General of Civil Aviation (DGCA) carried out 5,745 surveillance activities with respect to airlines, airports and approved organisations in 2023 as part of its efforts to ensure compliance and enhance safety standards in

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Saudi Arabia sees record 142% surge in inbound with 14.6mn tourists during first half of 2023

The Saudi Ministry of Tourism has released the preliminary data for the first half of 2023 statistics, building upon achievements of 2022's growth in the sector, in addition to informing local and international investors on

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Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

Travel & tourism sector deal activity down by 32.7% YoY during Jan-Nov: GlobalData

A total of 666 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced in the travel and tourism sector globally during January-November 2023, which is a year-on-year (YoY) decline of 32.7% compared

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International visitor arrivals across APAC grows in 2022 with significant surge during 2023: PATA

International visitor arrivals across APAC grows in 2022 with significant surge during 2023: PATA

After a series of annual contractions in international visitor arrivals (IVAs) in recent years, calendar year 2022 saw 44 destinations across the Asia Pacific region end with a collective annual gain of almost 124.2 million

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