TRAVEL TECHNOLOGY
Accor | May 18, 2023
Accor, a world-leading hospitality group, in partnership with Erth Real Estate Company, today announced that it will open three new hotels in Riyadh, Kingdom of Saudi Arabia, as part of a new master planned development project. The forthcoming luxury hospitality community will include a 230-key Raffles hotel, a 250-key Sofitel Serviced Residence, and a 60-villa MGallery resort, all set to open by 2027. The multi-faceted community will also include office towers, residential towers, and retail space, all built around a centrally located garden area.
Erth Real Estate Company, the premium real estate developer across Saudi Arabia, is the owner and developer of the 4.2 billion Saudi Riyal mixed-use project at Al Yasmin District and has signed with Accor for hotel management within the two towers of this development. Accor will provide hotel management services and support from several brands within its world-leading brand portfolio.
Raffles Riyadh and Sofitel Extended Stay at Al Yasmin District, both located at King Fahad Road intersecting with King Salman Road and Al Olaya Street, will reside within sparkling glass, 34-storey and 42-storey towers – creating an iconic presence in the city's skyline. The towers, which will enjoy convenient 18-minute access to King Khalid International Airport by car, will have a clear view of KAFD, New Murabba, Avenues Mall, SAB Tower and Tamkeen Tower. Ample green space, including lush gardens, will also surround both buildings. MGallery Resort Riyadh, only 20 minutes away from Riyadh city center, will be developed in the Al Waseel district, where some luxury private resorts are located, and will be situated in a wadi surrounded by date farms. With 60 low-rise villas, it will be an ideal attraction for families and guests looking for a break from the busy city center and immersion into a vibrant neighborhood of Riyadh.
Speaking at the signing event, Saud Abdullah Al Rajhi, the Group Managing Director of Erth Real Estate stated: "The company's vision of becoming a preferred real estate brand in Saudi Arabia is fully aligned with leading first-class projects that meet market expectations and unleash the economic potential of the Kingdom. Therefore, Erth is pleased to expand its relationship with Accor by adding new assets to our hospitality portfolio."
"As part of Accor's ultra-luxury division, Raffles is honored to soon open a second destination in the Kingdom of Saudi Arabia, particularly in Riyadh," said Omer Acar, CEO Raffles & Orient Express. "As a brand that is highly selective of the destinations where we choose to develop, we are confident that vibrance and growth surrounding the city of Riyadh is the perfect location to offer our guests the true Raffles experience – one that is celebrated, authentic, and renowned for its legendary service. We look forward to welcoming new guests and those returning as family to Raffles Riyadh."
"On behalf of both the Sofitel and MGallery brands, we are delighted to contribute to a diverse community of luxury hospitality choices for business and leisure visitors, particularly those who wish to settle in and stay a little longer to enjoy the dynamic energy of the cosmopolitan city of Riyadh," said Maud Bailly, CEO Sofitel, MGallery & Emblems. "As an ambassador of French culture around the world, Sofitel will bring the art-de-vivre that has been so successful at our two other Sofitel destinations in the Kingdom. Guests will also have the chance to discover the culture and a vibrant neighbourhood at the new MGallery, with the property providing sumptuous resort style villas and the luxury of feeling of a home away from home."
Erth's new luxury hotels in Riyadh are being imagined by some of the world's top designers. The lead architect is Foster + Partners, a global studio for sustainable architecture, urbanism, engineering, and design, founded by Norman Foster in 1967. With offices across the world, the practice works as a single entity that is both ethnically and culturally diverse. Additional consultants will provide expertise on spa, art, technology, and food & beverage.
Erth's relationship with Accor started a few years ago with a prestigious development in the region - Raffles Hotel and Residences Jeddah - which consists of two towers. In one tower, a world-class luxury hotel; in the other, a stunning set of exclusive private residences, unlike anything Jeddah has known before, set against a rich backdrop of Hejazi culture and tradition.
Since the announcement of Saudi Arabia Vision 2030, Erth and Accor have both played a key role in the development of tourism through several existing and upcoming projects in key locations across the Kingdom. Accor has been present in Saudi Arabia for more than 20 years and has contributed to the development of the Holy destination of Makkah, counting over 9,000 rooms with direct access to the Haram.
Within the Kingdom of Saudi Arabia, Accor currently operates 42 properties (16,000+ rooms) and has a robust development pipeline of 34 properties which will add approximately 7,000 rooms to the Group's portfolio by 2027. Properties expected to arrive in the Kingdom in 2023 include the much-anticipated Raffles Jeddah, Fairmont Ramla Serviced Residences Riyadh, Sofitel Riyadh, Movenpick Waad Al Shamal-Turaif and Novotel Makkah Thakher City Residences. Among its Saudi Arabia portfolio, Accor is leading the way with positive hospitality experiences and environmentally sound development and operational practices. The new master-planned community in Riyadh will be developed with ethical, social, and environmental engagement that will contribute to a healthier environment while delivering value to its stakeholders, including the guests of the three new luxury hotels.
About Accor
Accor is a world leading hospitality group offering experiences across more than 110 countries in 5 400 properties, 10 000 food & beverage venues, wellness facilities or flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing more than 40 hotel brands from luxury to economy, as well as Lifestyle with Ennismore. Accor is committed to taking positive action in terms of business ethics & integrity, responsible tourism, sustainable development, community outreach, and diversity & inclusion. Founded in 1967, Accor SA is headquartered in France and publicly listed on Euronext Paris and on the OTC Market in the United States.
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AIRLINES AND AIRPORTS
World Travel & Tourism Council | March 14, 2023
World Travel & Tourism Council (WTTC), a travel arrangement services company, has recently announced the Hotel Sustainability Basics (Basics) at ITB Berlin. Basics help tourist accommodation providers with their sustainability journey.
Basics is a set of globally accepted criteria that hotels should implement at least to generate a responsible and sustainable business in Travel & Tourism. The industry supports it and compiles all tourist accommodation providers, regardless of their size and location. A group of influential global hotel brands came together to demand it. It emphasizes a possible starting point over other sustainability initiatives. It will inspire accommodation providers worldwide to start their sustainability journeys and fulfill the fundamental standards of the sector.
It compromises 12 essential criteria and is available to all hotels. This endeavor aims to build a strong base for complex sustainability schemes and enhance sustainability across the industry. It got recognition from the Sustainable Hospitality Alliance as a starting point for the net positive industry. This alliance is the one that announced the latest version of the 'Pathway to Net Positive Hospitality.' WTTC has partnered with Green Key and SGS to design an online verification system to ensure the program's validity.
President & CEO of WTTC, Julia Simpson said, "We are incredibly proud to launch our Hotel Sustainability Basics and its verification scheme. The initiative is a response to the sector's need for a baseline for hotels and other tourist lodgings to introduce the exacting sustainability standards." She added, "Our research shows that most business owners are aware of their responsibility to the environment but need a step-by-step guide that is scientifically verifiable. It is a testament to the need for such a scheme that already thousands of hotel properties from around the world have committed to implement Basics, and from today can begin the verification process."
(Source – Cision PR Newswire)
About World Travel & Tourism Council
Headquartered in London, United Kingdom, World Travel & Tourism Council (WTTC) is a non-profitable and non-government organization dedicated to travel and tourism, founded in 1990. It specializes in the authority on world travel & tourism, travel, tourism, research, economics, private sector, government policies, economic impact, Covid-19 recovery, sustainability, and crisis preparedness. It represents the travel & tourism private sector at a global level. It connects industry experts, CEOs of travel & tourism companies and organizations worldwide. Its focuses on Security & Travel Facilitation, Crisis Preparedness & Management, and Sustainable Growth in the travel field.
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TRAVEL TECHNOLOGY
prnewswire | June 02, 2023
Today, Travelex Insurance Services Inc., launched its new line of travel protection plans with an enhanced cancel-for-any-reason (CFAR) upgrade covering up to 75% of trip cost, competitive age-band pricing, and additional coverage benefits. Travelex's previous travel protection plans officially retired at 11:59 p.m. May 31.
"We really took some time and put a lot of thought into these products as we've designed them," said Shannon Lofdahl, President and CEO at Travelex. "The resulting plans offer enhanced benefits, coverages and age-band pricing. We're responding to the coverage and benefits our partners and travelers want — there's only good news here."
Enhanced plan highlights
Travelex's Travel Select plan's CFAR upgrade1 now covers up to 75% of the trip cost if travelers have to cancel their trips.
The Travel Select plan provides new trip-cancelation and trip-interruption coverage options, including adoption, attending childbirth, cancel for business reasons2, organ donor, theft of travel documents and school extension.
Competitive age-band pricing bases plan rates on each traveler's risk level.
"I truly believe travel insurance is crucial to travel today," Lofdahl said. "Travelex is committed to protecting you and your trip investment when the unexpected happens."
About Travelex Insurance Services
Travelex Insurance Services has been a leading U.S. provider of travel insurance. As a premier partner to the travel industry, Travelex offers an array of products designed to help travelers create and protect the moments that matter most while they explore the world. We are part of the Zurich family of global brands and a woman-led organization that appreciates diversity. Guided by our values, we are optimistic, caring and reliable. With forward thinking, determination and a sense of togetherness, we help travelers dream, explore, and travel on.
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