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Qatar Airways Group reports higher profits for 2016
[vc_row][vc_column][vc_column_text]Qatar Airways Group has announced a 3 billion QAR operating profit for fiscal year 2016 – nearly three times higher than fiscal 2015 profit of 1.1 billion QAR, resulting in an 8.6 per cent operating profit margin, up nearly six percentage points from the previous year. The company reported a net profit of 1.6 billion QAR, resulting […]
Maldives resorts face financial strain from strict currency exchange rules
The Maldives’ tourism industry which has still not fully recovered from the COVID epidemic is facing a significant hurdle due to a recent regulatory requirement imposed by the Maldives Monetary Authority (MMA) that mandates the exchange of USD 500 per tourist. This rigid policy has sparked widespread concern among resort owners, who argue that it […]
Hotel Asia Exhibition Returns for 16th Edition with International Culinary Challenge
After a break of two years due to the COVID-19 pandemic, South Asia’s largest hospitality trade-show, Hotel Asia 2022, is returning for its 16th Edition. This year’s exhibition will be held in Dharubaaruge, in capital Male’ City, on October 10, 11 and 12, with the much awaited International Culinary Challenge scheduled to kick off one […]
