RIYADH: The Jockey Club of Saudi Arabia (JCSA) on Tuesday announced the return of the world’s richest horse race, the $20-million Saudi Cup, as well as a prize money increase and a new international race. The race will take place on February 19 and 20, 2021. At a series of press events held via video link from King Abdulaziz Racecourse in Riyadh, HRH Prince Bandar Bin Khalid Al Faisal, Chairman of the Jockey Club of Saudi Arabia, was keen to build on the success of the inaugural Saudi Cup. “It’s hard to overstate the success of Saudi Cup 2020 when…
Author: holidayweekly
KARACHI: Chairman Businessmen Group & Former President Karachi Chamber of Commerce & Industry Siraj Kassam Teli along with newly elected President KCCI M. Shariq Vohra, Senior Vice President Saquib Goodluck and Vice President Shamsul Islam pose for a group photo after assuming their offices for the year 2020-21.
DOHA: Qatar Airways has received around US$2 billion in state aid as the flag-carrier battles the fallout from the Covid-19 pandemic. Branding 2019/20 one of its “most difficult years,” the Middle Eastern airline noted it had also been hit by the ongoing blockade of Qatari airspace and the collapse of Air Italy in recent months. Changes to accounting policy had also taken a toll, the airline said, releasing it financial results for the past year. This headwind saw net losses nearly double to seven billion riyals (US$1.92 billion) for the 12-months to March. The airline confirmed that Qatar had joined…
Tourism has been among the hardest hit of all sectors by the COVID-19 pandemic. No country has been unaffected. Restrictions on travel and a sudden drop in consumer demand have led to an unprecedented fall in international tourism numbers, which in turn have led to economic loss and the loss of jobs. Women, youth, and workers in the informal economy are the most at risk from tourism sector job losses and business closures due to the pandemic. At the same time, the destinations most reliant on tourism for jobs and economic growth are likely to be the hardest hit. The tourism crisis is…
My fellow tourism workers and stakeholders in the industry, today we join the world in celebrating World Tourism Day. Its purpose is to foster awareness among the global community of tourism’s social, cultural, political and economic value and the contribution the sector can make in reaching the Sustainable Development Goals. Mr. Faisal Khan General Manager Hotel Mehran said that The tourism industry has been changing globally, with technology being a driving force in knowledge and innovation. Technology is changing the way in which business models were being conducted and changing the way in which we understand things. Therefore, we have…
On behalf of Executive Committee and Members of Pakistan Hotels Association (PHA), I would like to congratulate Pakistan’s hospitality, tourism and travel trade for its revival specially on this year’s World Tourism Day, globally celebrated each year on 27th September by the United Nation’s World Tourism Organization (UNWTO) as World Tourism Day 2020 also highlights the important role tourism plays in preserving and promoting culture and heritage all around the world. PHA has proven its vital role and is further endeavoring to promote tourism and bring collaboration amongst its members all over Pakistan. NWTO has designated Year 2020 as the Year…
To create global awareness about the impact of tourism and its impact on society in various fields, The World Tourism Day is celebrated on September 27th annually. This year, the Day’s theme is “Tourism and Rural Development”. Before coronavirus,Travel and tourism industry was a booming industry of annual business of 1.6 trillion dollar. The industry was evolving at a rapid rate creating more job opportunities for the youth. Research suggests that every one out of 10 jobs in the world was backed up by travel and tourism. There was a time in Pakistan when each sector of our tourist industry…
Tourism has been among the hardest hit of all major economic sectors due to Covid-19. The statistics are phenomenal. According to the World Travel and Tourism Council more than 197 million jobs could be lost globally if barriers to global travel, such as blanket anti-travel advisories and quarantine measures, remain in place. Meanwhile, IATA says that the ‘worst may be yet to come’, with between 6-7 million jobs supported by aviation are at risk. Celebrating of The World Tourism Day is a wise and brave decision by UNWTO in these circumstances. This year, the Day’s theme, “Tourism and Rural Development”…
To create the global awareness about the importance of the world’s fastest growing industry, tourism and its longer lasting impacts on the society in various filed, the world tourism day is celebrated every year on September 27, we do here in Pakistan also celebrate the day. This year, the Day’s theme is “Tourism and Rural Development”. Unlike previous years, this year World Tourism Day is being celebrated in a very difficult circumstance due to crippling impact of Covid-19 on tourism industry worldwide. According to latest report, the massive drop in travel demand over the first half of 2020 translated into…
On the 27th of September every year since 1980, United Nations World Tourism Organization celebrates the World Tourism day. On this date in 1970, the statutes of UNWTO were chosen and hence it is a special day indeed. The prime aim of the day is to bring about awareness amongst people regarding the value of tourism in any place. This year, the Day’s theme is “Tourism and Rural Development”. Firstly, let me appreciate and support Holiday weekly here for proactively working and projecting Pakistan with all its positivity in this difficult time and for bringing out Special report on World…