Olivier Granet, Kasada Capital Management, highlights the growing gap in domestic travel in the African market. He also pointed out the fragmented nature of hotel ownership, high costs, and the challenges of securing financing. Despite these hurdles, he remains optimistic about the market's potential for growth, especially by boosting domestic tourism. Tune into the entire conversation:https://hubs.la/Q02JRrFq0 Register your Interest for AHIF 2025: https://hubs.la/Q02JRsm10
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Sharing this compendium on "Establishing a Safe and Sustainable Future for Travel in the Better Normal" published by the APEC - Asia-Pacific Economic Cooperation. This compendium highlights three fundamental principles that guided the Philippines’ proposal on the establishment of an APEC safe passage framework.
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Regulations in the travel industry can take a toll on cross-border travel. In a recent webinar, "Enabling Intra-Africa Travel," key takeaways included: - Advocacy efforts with government institutions emphasize the benefits of implementing SAATM. - Tourism is vital for sustainable growth and requires strategic investment by African finance ministers. - Free visa accessibility boosts tourism and trade, as seen in Rwanda's Visa on arrival initiative. - There is an urgent need to capitalize on business travel; in the industry. - A clear mandate is needed to pursue a common agenda across the continent. - Policies that restrict travel, like Kenya's ETA, should be eliminated as it is an inconvenience for those who want to travel on emergency. - An African passport will enable living and working anywhere in Africa. Let's discuss - How do we advocate for change and convince governments? - Is seamless cross-border travel in Africa a reality? For this and more insights on improving Intra-Africa Travel, trade and tourism register today for the premier travel event - AESATA Travel Agents Conference 2024, themed 'Beyond borders, beyond limits'. Early bird rates are valid till July 31, 2024. Reserve your slot by registering here: https://t.co/tSKQZsQLge Moustafa H. Khataw Rwanda Chamber of Tourism Rwanda Convention Bureau - RCB Rwanda Development Board (RDB) Nicanor Sabula Bryan Akoi Isabella Too -CPA K,MBA-Finance Ivy Mwengi Otto de Vries (M.Inst.D) Capt. Gilbert M Kibe Ramesh Chaitoo #IntraAfricaTravel #TravelIndustry #SAATM #africantourism #Visa #tourismsolutions #earlybird #rwanda #aesata2024 #serenahotels
REGISTRATION - 2024 AESATA Travel Agents Conference
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𝐃𝐞𝐬𝐭𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐂𝐚𝐧𝐚𝐝𝐚 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬 $𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐅𝐮𝐧𝐝 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 Destination Canada introduces a $50 million International Convention Attraction Fund (ICAF) to enhance Canada's appeal as a premier destination for international conventions and business events. Announced by Tourism Minister Soraya Martinez Ferrada and Destination Canada's CEO Marsha Walden, the three-year program aims to inject at least $174 million into the Canadian economy. Offering up to $1 million CAD per bid, ICAF targets events in sectors like advanced manufacturing and life sciences, promoting economic growth and showcasing Canada's innovation and hospitality on the global stage. The initiative, part of the Federal Tourism Growth Strategy, reflects Canada's strategic investment in tourism and economic development, aiming for a significant return on investment and long-term benefits for the Canadian tourism sector. #finance #news #DestinationCanada #ICAF #tourismgrowth Source:- https://lnkd.in/d6YpY-ph
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Russian Economy Ministry identifies priority countries for tourist development in 2025 We have determined target countries for the next year in cooperation with the Ministry of Economic Development, Yulia Maksutova said SOCHI, October 14/ The Russian Ministry of Economic Development in cooperation with the Center for Strategic Research (CSR) has determined target countries for tourism potential development in 2025, Director of the CSR Center of International Tourism Development Yulia Maksutova said at the first Air Travel Sochi 2024: Discover the Southgate to Russia forum staged in Sochi’s mountain cluster. "We have determined target countries for the next year in cooperation with the Ministry of Economic Development: Turkey, Vietnam, Thailand, Indonesia, Malaysia, Azerbaijan, Belarus, Kazakhstan, Uzbekistan, and certainly countries that were active this year - the Persian Gulf, China, India and Iran," Maksutova said. #business #finance #financialservices
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Today, as we continue our site inspections following the conclusion of the Tourism Investment Forum Africa (TIFA) on April 12th, 2024, we have arrived at Cape Winelands Airport. A captivating byline caught my attention: "The Airport leaves the City, the City follows the Airport, the Airport becomes the city." I find this statement to be quite profound and believe that investors and governments across Africa should seriously consider its implications. #tourisminvestmentforumafrica #travel2sa #newflysaanigeria #southafrica @tourism_investment_forum_ @travel2sa @newflysaanigeria
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🇲🇩🇪🇺The Government of the Republic of Moldova invests 17 million lei in the development of medium-sized enterprises in the field of tourism 🤝The administrators of 48 companies signed financing contracts for the development of small and medium-sized enterprises in the field of tourism. ❗ The grants are awarded by the Government of the Republic of Moldova and co-financed by the European Union. #MoldovaTravel #RuralTourism #LocalBissinesInvestments
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The European Commission welcomes the unanimous decision by the Council to welcome Romania and Bulgaria into the #Schengen area, starting with lifting controls at air and sea borders as of March 2024. Their accession will boost travel, #trade and #tourism and will further consolidate the internal market
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Boosting trade, tourism and investment opportunities between South Africa and other African countries is one of our main objectives. We are strengthening friendly collaborations with the private and public sectors to achieve this.
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Tourism and travel are shining brightly as the leading export sectors in Moldova! ✈️ 👉 Moldova's tourism and travel sector is leading the charge in exports, doubling to €709 million in 2022, a remarkable 100.4% increase from 2021's €354 million. 👉 Following closely behind is the IT and telecommunication services sector, showing strong growth with exports reaching €487 million in 2022, a 43.3% yearly increase from €340 million in 2021. 👉 Not far behind is the transport services sector, reaching €476 million in 2022, a significant 72.7% increase compared to €276 million in 2021. These sectors are not just numbers; they represent the hard work and dedication of Moldovan businesses! 🚀 Ready to embark on a new business journey? 😉 #CEFTAmatters 👉 https://cutt.ly/ww09DXhN
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Albania has shown significant economic growth and development in recent years, positioning itself as an attractive destination for investment. The country has implemented various reforms to enhance the business environment, improve infrastructure, and streamline regulatory processes. Moreover, Albania's strategic location in the Balkans provides easy access to European markets. With a youthful population and an emerging market economy, Albania offers numerous opportunities across sectors such as tourism, real estate, energy, and agriculture. These factors contribute to a growing confidence among investors, highlighting Albania's potential for sustainable development and reliable investment returns. https://albania.al/
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