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Amendment to lower resort lease extension fees ratified
President Mohamed Muizzu ratified a bill on Thursday to amend the Tourism Act, introducing changes that allow resorts to extend their leases by paying a reduced fee. Previously, the Tourism Act permitted the extension of resort or integrated resort leases for an additional 49 years, provided certain conditions were met. These conditions included the payment […]
HICAP reveals seminar topics for upcoming Investment Conference in Hong Kong
The Hotel Investment Conference for Asia Pacific (HICAP) has announced a new seminar track for their upcoming conference in Hong Kong, which kicks off on October 14th.
23rd World Travel Monitor® Forum: European outbound travel strong, but safer destinations preferred
The latest World Travel Trends Report has forecast that whilst European outbound tourism will increase in 2016, travellers are now prioritising safety when selecting a destination.
