LEVA Hotels ploughs ahead with expansion plans in GCC, Africa and Europe

LEVA Hotels & Resorts has pledged its support to the hospitality industry by continuing expansion across the Gulf Cooperation Council (GCC) countries, Africa and Europe. The group has recently signed management agreements for two new hotels in Muscat and a property in Kampala. Building up on its growth momentum, the brand is aggressively…

IATA president “We are looking at a devastating net loss of USD39 billion”

The International Air Transport Association (IATA) has released new data which shows airlines may burn through USD 61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of USD39 billion. The analysis is based on the impact assessment IATA released last week, under a scenario in which…

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