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IATA to offer digital currencies in financial settlement systems

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Photo by Gary Marshall

The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry.

The announcement was made during the initial briefing for the joint IATA World Financial Symposium and World Passenger Symposium 2024 ongoing in Bangkok, Thailand.

IATA senior vice-president for financial settlement and distribution services Muhammad Albakri declared that digitalisation has impacted numerous aspects of daily life, including the currency used in various transactions.

He said: “With the increasing use of digital currencies, it is imperative that IATA’s industry financial settlement systems adapt to support the needs of those using our services.”

Photo by Gary Marshall

The dawn of the digital Renminbi

The first digital currency to be offered is the digital Renminbi, which will be available in the China Billing and Settlement Plan (BSP) by the end of 2024.  

Albakri said: “China is one of the most advanced countries in the world in the adoption of digital currency. Recognizing the trend, IATA’s China Airline Committee requested for the digital Renminbi to be included in the BSP. This is an important development and IATA will accommodate the digital Renminbi by year-end.”

IATA is also examining the potential to offer other digital currencies in its settlement systems based on the needs and requirements of the industry. 

Regarding this, Albakri added: “The experience gained in introducing the digital Renminbi will help IATA in onboarding other digital currencies in the future,” said Albakri.

Additional currencies for IATA’s Currency Clearance Service

In July of this year, IATA added the Renminbi Offshore (CNH) currency to its IATA Currency Clearance Service (ICCS), bringing the total number of currencies handled by the service to 74. 

The ICCS is IATA’s global cash management system. It enables airlines’ treasurers to repatriate their sales funds worldwide to their preferred nominated currencies.  This results in an accelerated and improved working capital management and reduced foreign exchange risks.

Albakri said of the ICCS: “At the heart of the integration of the digital Renminbi and all other settlement system work is a need to serve the customer and adapt to their behavioural changes in payment methods. Payment should be seamless. A customer shouldn’t be frustrated by not having their payment method of choice available; nor should airlines lose out on deriving the proper value from their ticket sales.”

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IndiGo launches direct flights to Dubai, starting November 2024

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IndiGo, India’s preferred carrier, announces daily direct flights between Pune and Dubai, starting from November 22, 2024. This new route will enhance IndiGo’s international network from Pune by providing direct connectivity to one of the most sought-after tourist and business destinations for Indian travellers in the UAE. With this new addition by IndiGo, the airline will now operate 383 average weekly flights out of Pune offering direct connectivity to over 25 destinations in India and 02 international destinations.

IndiGo’s direct connectivity from Pune to one of the most important financial centers such as Dubai, will significantly contribute to the economic growth in both Pune and western Maharashtra. The daily connectivity between Pune and Dubai will enhance accessibility between the two cities and introduce new avenues for business and job opportunities for travellers.

Vinay Malhotra, Head of Global Sales, IndiGo, said:  “We are pleased to announce daily, non-stop direct, flights between Pune and Dubai, the thriving commercial hub known for its luxury shopping and ultramodern architecture. With the introduction of these flights, IndiGo will now operate over 100 weekly, direct, flights to Dubai from 13 cities in India, and now proudly offers a wide choice of more than 225 weekly flights into the UAE from 18 cities in India. As India’s preferred airline, we remain steadfast to our commitment of providing enhanced connectivity, along with affordable, on-time, courteous and hassle-free travel experience to our customers.”

Pune, one of the largest IT and auto hubs in India, will significantly benefit with direct connectivity to Dubai, the powerhouse of innovation and growth. The new connectivity promises to stimulate seamless trade and commerce, fostering economic growth and opportunities across these regions. This strategic move not only bridges geographical distances but also paves the way for stronger business collaborations and cultural exchanges.

Dubai, also known as the “Venice of the Gulf,” is a global aviation hub and the main commercial centre of the United Arab Emirates. The city is also known for its high-end shopping, cutting-edge architecture, and nightlife. Connectivity between Dubai and Surat will not only boost tourism in the cities but also open newer trade opportunities and promote economic growth as Dubai is a crucial commercial hub.

Flight Schedule:

 

Flight No. Origin Destination Frequency Effective Departure Arrival
6E 1484 Dubai Pune Daily Nov 22, 2024 17:40 22:10
6E 1483 Pune Dubai Daily Nov 23, 2024 0:15 2:15

 

 

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Consistent increase in occupancy across key markets in India in Sept 2024: HVS-ANAROCK

The post Consistent increase in occupancy across key markets in India in Sept 2024: HVS-ANAROCK appeared first on TD (Travel Daily Media) Travel Daily Media.

Representative Image

 

As per the HVS-ANAROCK Hospitality Monitor – October ’24, sustained demand growth has led to consistent improvements in occupancy rates across key markets in September 2024, compared to the same period last year.

Bengaluru led the way with a notable 8-10 percentage points (pp) year-on-year increase in occupancy rates, followed by New Delhi, which recorded a 6-8 pp growth. On the other hand, Jaipur and Kolkata were the only markets that saw declines in occupancy rates of around 0-3 pp.

During the month, the average rates showed varied trends across key markets. Hyderabad posted an impressive 22-24% year-on-year increase in average rates, while Mumbai and Chennai recorded gains of 10-12%.

Both Goa and New Delhi displayed a contrasting trend during the month. Goa’s occupancy increased by 2-4 pp, but average rates declined by 2-4%.

Similarly, New Delhi’s occupancy rates rose by 6-8 pp, but the average rates dropped sharply by 23-25% compared to the previous year. This decline can largely be attributed to the G20 summit held the previous year, which temporarily boosted prices in the market.

Q3 CY2024:

An increase in occupancy rates was seen during Q3 CY2024 over the same period in CY2023, across all markets except Mumbai.

All major commercial markets, except for New Delhi, recorded strong year-on-year growth in average rates during Q3 CY2024. Goa stands out as the only market to experience a decline in average rates when compared to both, the previous quarter and Q3 CY2023.

The third quarter of the calendar year 2024 witnessed a steady momentum in signings, with 9,440 keys signed across 96 properties, reflecting a year-on-year growth of 51% in keys signed.

 

 

 

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Mumbai International Airport brings back ‘Pawfect’ to ‘pawsitively’

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 Travel just got a whole lot more comforting and fun! Chhatrapati Shivaji Maharaj International Airport (CSMIA) is thrilled to announce the return of its wildly popular ‘Pawfect’ initiative. Ready to melt stress away and turn the airport experience into a fun-filled adventure, this delightful programme features nine adorable dogs at Terminal 2. Passengers can prepare to be charmed and comforted by these furry ambassadors of happiness before embarking on their journey. This cheerful pack includes a Golden Retriever, a Maltese, a rescued Husky, a Shih Tzu, a Lhasa apso, a Labrador and more—all specially chosen and trained to spread joy and soothe travellers.

From Friday to Sunday, between 1500hrs and 2300hrs, these lovable emotional support companions will be waiting to greet travellers in the Terminal 2 Departures area, including Domestic Level 3 and after immigration. These trained canine companions are experts in sensing and responding to moods, offering unconditional love and comfort like no other. Engaging with these furry friends offers a soothing respite, allowing passengers to find their travel anxiety melting away. This initiative will infuse the airport environment with cheer and surprise, recognising that air travel can be tiresome and stressful for some passengers.

CSMIA’s Pawfect programme is a pioneering initiative in an Indian airport, featuring stars like Bella, a gentle and affectionate golden retriever known for her warm and uplifting personality. Bella’s specialised training in bringing joy to travellers and engaging with children with special needs beautifully complements her calm demeanour, creating a delightful oasis amidst the bustling airport. Alongside her team, Bella continues to create smiles and comfort countless travellers, brightening their journey through CSMIA.

Commenting on this fun development, CSMIA spokesperson, commented: “At Mumbai International Airport, we take pride in ensuring that every passenger is taken care of. Traveling and taking a flight can be hectic and challenging for many, which is why we continuously seek innovative ways to enhance the passenger experience. Our Pawfect initiative, which was very popular before the Pandemic, not only helps to reduce travel-related anxiety but also brings a sense of joy and comfort to our passengers.”

By reintroducing the ‘Pawfect’ programme, CSMIA creates memorable and enjoyable experiences for passengers, enhancing the overall ambience of the terminal. Moreover, these furry companions encourage social interactions among travellers, who share heartwarming stories and memories of their pets, further enriching the community spirit at the airport. Get ready for some tail-wagging joy and cuddles that will make your travel experience truly special!

 

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Parisa wins TDM Travel Trade Excellence Awards 2024 – Middle East for brand development project by Katara Hospitality

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Katara Hospitality won the award for Brand Initiative of the Year – Qatar at the much-anticipated TDM Travel Trade Excellence Awards 2024 – Middle East for its project on its development of its Parisa brand.

This initiative set itself apart from other F&B concepts thanks to the truly considered design of its features which evoke a sense of nostalgia and authenticity.

As a dining concept, Parisa introduced novel strategies, such as the use of exclusive scents and products developed in collaboration with local Qatari artists and designers. These sensory experiences not only enhance the dining experience but also create a sense of emotional connection with the brand.

According to a company spokesperson: “Parisa’s measurable outcomes and significant impact on its target audience demonstrate its ability to create a lasting impression and leave a lasting legacy.”

A truly unique gastronomic experience

Katara Hospitality focussed on ensuring that the distinctive fusion of flavours, aromas, and aesthetics creates a one-of-a-kind experience that immerses guests in the rich cultural heritage of the Middle East.

Additionally, its use of traditional Qatari architectural styles and old teacups as design inspiration adds a touch of creativity and originality.

Since Parisa’s establishment in 2012, the initiative has expanded to multiple locations, such as Switzerland and Morocco, creating a range of products and gifts in its wake that reflect the brand’s cultural heritage.

In turn, this has positively influenced customers and partners alike. Its immersive experiences and sensory stimuli have also created a loyal following amongst customers who appreciate the unique blend of Persian cuisine and Qatari culture.

All things considered, Parisa by Katara Hospitality is a standout initiative in the industry due to its unique blend of Persian cuisine and Qatari roots, innovative approach to brand development, and commitment to sustainability and community engagement.

The inaugural TDM Travel Trade Excellence Awards – Middle East puts a spotlight on top companies in the travel sector that have paved the way for unique experiences and renewed focus on safety and sustainability amidst the rapidly changing industry.

The TDM Travel Trade Excellence Awards 2024 – Thailand is presented by Travel Daily Media. To view the full list of winners, click here. For more details, please contact Jane Patiag at +(65) 3158 1386 ext. 217 or awards@traveldailymedia.com.

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IATA World Finance Symposium and IATA World Passenger Symposium start today in Bangkok

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The International Air Transport Association (IATA) formally kicks off two major events today, 30th October, at the Centara Grand & Bangkok Convention Centre at CentralWorld in Bangkok, Thailand.

The joint IATA World Financial Symposium and IATA World Passenger Symposium event which covers 30th and 31st October is where airline retailing, finance, and passenger experience unite to create a dynamic platform for strategic exploration, actionable insights, and transformative innovation.  

The World Financial Symposium (WFS) centres on the financial wellbeing and overal sustainability of airlines in the 21st century. That said, the event will offer both plenary sessions as well as specialised stream discussions regarding relevant topics in the field of airline finance.

On the other hand, World Passenger Symposium (WPS) combines the former Digital and Data and Retailing Symposium, the Global Airport and Passenger Symposium and the Accessibility Symposium into a single event to reflect the importance and connectedness of all three elements to the customer experience.

The customer is the link between the two symposia which will be jointly held for a second year based on the feedback of attendees.

A great deal to discuss

Muhammad Albakri, IATA’s senior vice-president for financial settlement and distribution services, said of the event: “There will be plenty to discuss when the industry meets in Bangkok. By aligning on how the industry addresses new opportunities for airline retailing, finance, facilitation, accessibility, and passenger experience, we have enormous potential to make our customers even more satisfied with their travel experience. From ticket purchase to arrival at destination, there is tremendous potential for change, in particular as we progress with digitalization across the business.”

IATA senior vice-president for operations, safety, and security Nick Careen added: “There are several highlights for this year’s joint WFS and WPS. We will discuss what passengers are telling us about their travel experience and preferences in the latest Global Passenger Survey (GPS). We will also explore what a truly digital, seamless, inclusive, and accessible customer-centric travel experience will look like in an integrated journey proof of concept that will demonstrate the progress made over the last year.”

A timely venue

The choice of Bangkok as the venue for this year’s joint symposium is a timely one, given how the Thai capital continues to strengthen itself to become one of the world’s leading aviation hubs.

According to Thai Airways chief executive Chai Eamsiri: “In response to the market’s rapid recovery and increasing travel demands, [we aim] to explore all possible sustainable strategies to further strengthen “Bangkok” as one of the leading global aviation hubs. This meeting would be a showcase to enhance [our] positive contribution for the travel industry. At this meeting, we are all gathered so that we can share ideas and experiences to ensure future development and growth of air travel while having a platform where we can seek a common approach and mechanism in enhancing airline industry and business in greater detail.”

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Bvlgari Hotel Tokyo offers a masterful mix of style, elegance and prestige

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Bvlgari Hotel Tokyo brings the contemporary Italian style and storied heritage of Bvlgari to the Japanese capital. Among the top hotels in Tokyo for luxury and elegance, the hotel occupies the 40th to 45th floors of the Tokyo Midtown Yaesu skyscraper in a central location that sees it within walking distance of famous attractions like the Imperial Palace, the vibrant shopping enclaves of Nihombashi and Ginza, and Tokyo Station – the country’s largest train station – offering ease of travel around the city and beyond.

The first Bvlgari hotel in Japan, Bvlgari Hotel Tokyo is one of a few select properties in major cities and luxury resort destinations worldwide which make up Bvlgari Hotels & Resorts. These are magnificent properties that convey the excitement, glamour and prestige of the Bvlgari brand.

Opened in 2023, Bvlgari Hotel Tokyo was named in 22nd spot on The World’s 50 Best Hotels 2024 list and earned the Nikka Best New Hotel Award 2024, which honours the highest ranked hotel on the list that opened within the 18-month voting period. It also received a Three Key distinction – the highest – in the 2024 Michelin Guide.

The hotel features 98 exquisite rooms and suites, along with Bvlgari Hotels & Resorts’ signature dining and bespoke experiences – the Michelin-starred Il Ristorante – Niko Romito, Sushi Hōseki, The Bvlgari Bar, The Bvlgari Lounge and The Bvlgari Spa. Adding further elements to the ‘seamless luxury experience’ on offer to guests, the hotel also has unpacking and packing services tailored to each guest’s needs, and arrangements can be made for a barber, tailor or shoeshine.

The original and contemporary design of Bvlgari Hotel Tokyo is one that follows the Bvlgari Hotel tradition while at the same time pays tribute to Japan’s refined sensibility and accomplished craftsmanship. Weaving together the traditions and cultures of Rome and Tokyo, this design is evident throughout the public areas and guestrooms.

The Art Of Elegant Accommodation

The guestrooms at Bvlgari Hotel Tokyo feature a residential and welcoming atmosphere that blends elements of the Bvlgari brand spirit with the local Japanese culture. Framed images of vintage Bvlgari advertising from the Bvlgari photo archive adorn the walls and the bedside lamps are inspired by a Bvlgari silver candleholder, while the bedspreads are produced by ancient kimono textiles producer Hosoo and dark stained oak furniture is made by Fukuoka historical handcrafted wood furniture factory Ritzwell.

Italian-designed furniture is also a feature, the walls are covered with silk and elm timber boiserie, and a Japanese-style sliding door with vertical fins leads to a bathroom made of black granite and exclusive Axor tapware.

Bvlgari Hotel Tokyo’s guestrooms afford fantastic views of Tokyo through a full length glass facade, and are appointed with Bvlgari Hotels & Resorts amenities, a mini bar with Niko Romito snacks and organic teas from KITANO CHAEN.

The different room categories available are: Superior Room; Deluxe Room, Skyline View; Premium Room, Imperial Garden View; Junior Suite; Superior Suite; Deluxe Corner Suite; Premium Suite; and Bvlgari Suite.

Comprising two separate areas, the suites feature a bedroom and living room, the walls of which boast vintage art photography representing Bvlgari jewellery and silk tapestries, and the ceiling is hand-brushed matte gold. The bathroom is decorated with Gaya vases reproducing patterns inspired by ancient Japanese kimono fabrics.

The Bvlgari Suite on a corner of the 44th floor is among the largest in Tokyo, with a living room offering four different seating areas, dining room for 10 people with dedicated kitchen and private bar corner, private office, bedroom with master bathroom, and private gym.

Exquisite Dining

Dining at Bvlgari Hotel Tokyo is an exquisite affair, with two restaurants on offer – the One Michelin star Il Ristorante – Niko Romito and Sushi Hōseki – and The Bvlgari Bar and The Bvlgari Lounge.

Il Ristorante – Niko Romito

Open for breakfast, lunch and dinner, Il Ristorante – Niko Romito features Japanese design elements such as a curved wood ceiling, while the menu is classic chef Niko with its contemporary expression of authentic Italian cuisine. Dishes like Antipasto all’Italiano and Cotoletta alla Milanese capture the elegance and artistry of chef Niko’s Made in Italy approach, in which Italian tradition meets innovative cooking philosophy.

Sushi Hōseki

Open for dinner and – on Tuesday, Friday and Saturday – lunch, this traditional Japanese sushi bar is an omakase experience devoted to the art of Japanese dining. There are just eight seats, and views of a tiny zen garden that follows the model of traditional gardens in Kyoto. Complementing the cuisine on offer are numerous different sake labels.

The Bvlgari Bar

Open from 12pm to 12am and with a lunch set and aperitivo available, The Bvlgari Bar offers the scintillating atmosphere of a Mediterranean garden surrounded by the Tokyo skyline. Located on the 45th floor, the menu comprises classic Italian cocktails and beverages along with simple and delectable dishes.

The Bvlgari Lounge

Open from 10am to 9.30pm, The Bvlgari Lounge is cosy, relaxing and elegant all in one. Its centrepiece a huge cast iron-and-granite fireplace, this richly textured enclave opens onto the terrace and is the perfect spot for light bites, afternoon tea or the famous La Pasticceria – an exclusive collection of pastries created by chef Niko, each inspired by a different region of Italy and enjoyed on Ginori 1735 plates.

Bespoke Services

As expected of one of the top hotels in Tokyo, Bvlgari Hotel Tokyo guests can request unpacking and packing services, which – starting from their next stay at the hotel – see staff arrange their clothing and belongings exactly how they were on the previous stay, ready for use right away. Likewise, when it comes time to check-out, staff pack the clothing and belongings in the suitcases in the same way they were on arrival.

A first-rate barber can be arranged for hair styling or a shave and groom during guests’ stay, and for those desiring a new suit a skilled tailor can be provided. Bvlgari Hotels & Resorts also has a partnership with French luxury bespoke shoe brand Maison Berluti, for those wanting a world-class ‘shoeshine by Berluti’.

Stylish Health And Fitness

The Bvlgari Spa is an oasis for the rejuvenation of mind, body and spirit, with nine treatment rooms including a Spa Suite featuring a hydro massage tub clad in Iranian green onyx and treatment beds for two. A range of innovative treatments, grooming and the latest wellbeing therapies are all on offer.

Bvlgari Hotel Tokyo’s 25 m swimming pool is ensconced in shimmering emerald green mosaic tiles, a nod to Bvlgari’s famous coloured gems. The adjacent vitality pool is decorated with a mosaic inspired by the Caracalla baths of ancient Rome, and the state-of-the-art gymnasium was developed together with Technogym.

Book a stay now at Bvlgari Hotel Tokyo and indulge in the exquisite Bvlgari accommodation experience. For more information, visit the hotel’s website or call +81 3 6262 3333.

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Australia’s InTravel Group celebrates tenth anniversary

The post Australia’s InTravel Group celebrates tenth anniversary appeared first on TD (Travel Daily Media) Travel Daily Media.

Indigenous-owned corporate travel management company InTravel Group celebrates its tenth year of delivering high-quality travel solutions with a strong focus on positive social impact.

As a 100 percent indigenous-owned business, InTravel Group was founded with the dual mission of providing superior travel management services while creating employment and development opportunities for Indigenous Australians.

Likewise, as a proud member of CT Partners, Australia’s leading independently owned travel buying network, for the past four years, InTravel Group has flourished and the roadmap is set for the next decade of growth.

InTravel Group offers a comprehensive range of corporate travel management services tailored to small and medium-sized corporate travel programs. Whether it’s simple bookings or complex travel itineraries, InTravel Group leverages state-of-the-art travel technology to deliver the right solutions. 

The company also provides group and events travel management, assisting businesses with seamless travel arrangements for conferences and large-scale events.

A decade of achievement

InTravel Group founder and chief executive Dwayne Good said: “Looking back on the past decade, I am incredibly proud of what we have achieved. We’ve built lasting relationships with our clients, grown a fantastic team, and most importantly, contributed to positive outcomes for Indigenous employment and development. Every trip we manage, every client we serve, has a purpose beyond business—it helps create a better future for Indigenous Australians.”

Good added that celebrating the company’s tenth anniversary is not just about looking back at the past decade; it’s about recognising how far they come with the right partners by our side. 

He said: “Joining CT Partners during the pandemic was a game-changer for us. They gave us the resources, guidance, and network to elevate our business, allowing us to access market-leading technology and solutions that have helped us compete with much larger agencies. Most importantly, CT Partners provided us with credibility and confidence.”

For his part, CT Partners CEO Matt Masson said: “InTravel Group’s success over the last decade speaks to the core of what CT Partners stands for: empowering independent agencies to achieve their full potential. Our network provides the tools, technology, and relationships needed to thrive in an ever-changing travel landscape. What makes CT Partners different is our unwavering commitment to passing 100 percent of supplier incentives through to our members. We are 100% delivering for our members.”

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Malizia Mangrove Park attains two-million mangroves milestone

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A mere seven months after it set itself the ambitious goal of planting two million mangroves, Malizia Mangrove Park announced today, 29th October, that it has achieved the milestone.

Building on this achievement, the team behind the conservation venue in the southern Philippine region of Davao Oriental now sets its sights on a new target of restoring 5 million mangroves and the launch of its mangrove subscription.

According to Team Malizia skipper Boris Hermann: “Together with the Mama Earth Foundation, we created the Malizia Mangrove Park in the Philippines where half the mangroves were lost over the past 100 years. This new achievement marks a significant step forward in our commitment to combat climate change, restore biodiversity, and protect our coastal ecosystems.”

Established in 2020, the Malizia Mangrove Park makes an important contribution to the restoration of this coastal ecosystem, provides a better income for local residents, and the mangroves bind large quantities of carbon dioxide. In teaming up with experts from the Davao Oriental State University and local community, the goal of the park was to plant one million mangroves next to the existing ones.

An act of restoration

According to Hermann, the Park’s primary aim is to restore the forest in Mati, Davao Oriental to a point where the mangroves can reproduce themselves and where, in the long-run, no human intervention will be required for propagation.

He said: “By setting these ambitious million marks, we break down what seems like an impossible task into achievable milestones, and push us, as well as motivate others, to take further action to protect an invaluable ecosystem.”

Adding mangrove subscription to the equation

The idea behind the Malizia Mangrove Park’s mangrove subscription is to offer a way for people to make a meaningful, lasting contribution to the environment with a new mangrove planted on their behalf each day. 

With this plan, 365 mangroves are planted annually for 125 euros per year. If not cancelled, the subscription automatically renews each year. 

For subscribers, it is reassuring to know that every day, something positive is happening to counteract climate change and biodiversity loss. 

Hermann said of this new initiative: “With continued support from partners, who for some have seamlessly integrated donations into their daily operations, and from anonymous donors, fans, friends and organisations, we are confident that we can reach these new milestones and make an even greater positive impact on the environment. Together, we can drive meaningful change and create a sustainable future for all.”

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Traveloka partners with Lotte Hotels and Resorts for exclusive deals

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Traveloka announced a new partnership with Lotte Hotels and Resorts, South Korea’s largest hotel group today, 29th October. 

From now until 10th November, Traveloka users can enjoy up to 10 percent off on luxurious accommodations at Lotte properties in iconic South Korean destinations such as Seoul, Busan, and Jeju. 

This limited-time promotion brings Southeast Asian and Australian travellers closer to experiencing the best of South Korean hospitality. 

Lotte Hotels and Resorts offers premium accommodations in some of South Korea’s most iconic destinations. Wherever travellers choose to explore the bustling streets of Seoul, the tranquil landscapes of Jeju Island, or the vibrant coastal cities like Busan, Lotte properties elevate the travel experience with unparalleled comfort, while immersing guests in South Korea’s rich cultural heritage. 

A timely partnership

This collaboration comes at a pivotal moment, as interest in South Korea among Southeast Asian travellers reaches new heights. 

Traveloka’s data shows a remarkable 154 percent year-on-year increase in flight searches in September 2024, highlighting the growing appeal of South Korea as a premier destination. 

The partnership is designed to make South Korea even more accessible, offering travellers a seamless way to plan their adventures, book premium accommodations, and immerse themselves in the country’s rich cultural heritage.

Traveloka president Caesar Indra said of the partnership: “Traveloka is thrilled to partner with  Lotte Hotels and Resorts, bringing together Southeast Asia’s leading travel platform and one of South Korea’s most renowned hospitality brands. This partnership allows us to offer our nearly 50 million users across Southeast Asia and Australia access to exceptional travel experiences in South Korea, while also helping Lotte strengthen its visibility and reach in these key markets.”

Lotte Hotels and Resorts’ senior managing director for marketing strategy Yang Jae Hyuk added: “South Korea is one of top destinations in Asia and [we have] been playing a major role for years in South Korean hospitality. With inbound international tourists increasing at an amazing pace all year long, no doubt Traveloka will be a key partner to support our distribution strategy over Thailand and other Southeast Asian markets. This partnership and promotion will also allow us to strengthen Lotte’s brand recognition for those who visit Korea. We aim to promote the name of Lotte worldwide and believe Traveloka is a perfect partner to globally boost our brand visibility.”

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