Etihad Holidays will integrate with Tourism 365, being the ADNEC tourism promotion business.
Etihad Holidays is set to be acquired by Abu Dhabi National Exhibitions Company (ADNEC), part of ADQ, to expand its footprint in tourism, UAE state news agency WAM reported on Thursday.
Etihad Holidays will integrate with Tourism 365, being the ADNEC tourism promotion business.
“The decision will further support the UAE’s tourism sector, given ADNEC’s extensive experience and capabilities across the tourism industry,” WAM reported.
Tourism 365 will operate Etihad Holidays, taking it from a platform focused on the local market to a fully-fledged tour operator supplying online and traditional travel agencies with Etihad network holiday packages from key source markets. Capital Experience, Tourism 365’s destination management arm, will be the exclusive supplier of Etihad Holidays across the UAE when it comes to hotels, transfers and attractions.
“This asset transfer will significantly expand Etihad Holidays’ presence in key source markets especially from a B2B tour operator standpoint,” Roula Jouny, executive director of Tourism 365, said.
(Except for the headline, this story has not been edited by The Finance World staff and is published from a syndicated feed.)