Tourism News# Back On Track In UK!

A company working to preserve rail heritage in north Wales In UK has said it was left fighting for survival after its income stopped during lockdown.

Ffestiniog and Welsh Highland Railways Of UK said it had been unable to pay for repairs and conservation after having to shut during its busiest season.

Now it has been awarded a £250,000 emergency National Lottery grant.
Manager Paul Lewin said without it they would not have been able to do “highly important work”.

The company runs services on the Ffestiniog Railway in Gwynedd between Porthmadog and Tan y Bwlch, and also on its sister line, the Welsh Highland Railway from Caernarfon to Beddgelert UK.

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Real Estate News# Montreal, Toronto seeing Canada’s strongest home price growth

The cost of housing per square foot has skyrocketed in Montreal while other cities saw little change over the last year, according to a new national survey.

The study found that condominium prices in downtown Montreal are up 13.5 per cent from last year to, on average, $805 per square foot.

A newly-released annual report from CENTURY 21 Canada reveals that, following an early-spring decline due to the COVID-19 pandemic, sales numbers are bouncing back and house prices across the country are maintaining their strength. The study compared the price per square foot of properties sold between January 1 and June 30 of this year, compared to the same period last year.
“When the pandemic took hold in Canada in mid-March, there was a lot of uncertainty about what would happen to real estate sales during the typically busy spring market,” said Brian Rushton, executive vice president of CENTURY 21 Canada. “What we have seen is that after a dip in the number of sales early in the pandemic, the pace of sales has returned to near-normal levels as real estate agents and companies innovated new ways of doing things. The real estate industry has proved resilient through the past several months. And even further, prices have held steady as well.”

Tourism News# SunExpress adds capacity to boost German flights to Turkish resorts !

Following the German government’s lifting of the travel warnings to Antalya, Izmir, Dalaman and Bodrum, SunExpress decided to focus more on its touristic flights from Germany and increase its capacity on its flights to these destinations.

As becoming the first airline to operate both domestic and international flights from Antalya and Izmir after the lifting of the travel bans by the Turkish government, SunExpress is currently operating direct scheduled flights from 14 cities in Turkey to 29 cities in Europe.
As an airline connecting Antalya to international and domestic destinations with direct and scheduled flights, SunExpress is offering a 15%-capacity increase in Antalya flights in August. SunExpress, which operates daily international flights from Antalya to many popular German destinations such as Cologne, Düsseldorf, Frankfurt, Hamburg, Munich, Stuttgart, Berlin and Nuremberg, is adding Münster and Osnabrück to its Antalya-Germany flight network in August. Offering direct scheduled flights from Antalya to 21 cities in Europe, SunExpress is also increasing the number of flights to London, Paris, Vienna and many other destinations in August.
Based in sunny Antalya on the Turkish Mediterranean, SunExpress was founded in 1989 as a joint venture of Turkish Airlines and Germany’s Lufthansa.
SunExpress last year saw a passenger load factor of 83% and carried an impressive total of over 10 million travelers.

Real Estate News# Demand for overseas property on the rise

Demand for overseas property from UK househunters has reached record levels according to Rightmove Overseas.
The data shows that searches on Rightmove Overseas in June reached their highest point for the year, and were up 28% year-on-year.

Searches for property in Spain were up 25% compared to June last year, whilst France recorded a 32% year-on-year rise. In Portugal, the uplift was 24%, and in Italy it was 17% higher according to Rightmove Overseas.
Rachel Beaton, overseas insights expert at Rightmove, said: “We’ve seen a gradual resurgence of interest from home-hunters looking for properties abroad since April, but after the government confirmed there will be easing of travel restrictions to certain countries we saw demand for overseas homes rise even further to record-breaking levels.

Tourism News# AmaWaterways Resumes Cruising on European Rivers!

using new health and safety protocols AmaWaterways has resumed operations in Europe with a series of charter sailings onboard AmaKristina in Germany with local guests.
AmaWaterways’ new procedures reflect the recommendations contained within the EU Healthy Gateways guidelines, the Centers for Disease Control (CDC), the World Health Organization (WHO), IG RiverCruise and other official authorities.
Pre-boarding well being questionnaires are required, and visitors and crew are topic to day by day temperature checks. The crew has acquired up to date coaching, and every ship can have a delegated Public Well being Officer overseeing the appliance of the protocols.
AmaWaterways’ ships, which usually accommodate 150 visitors, are limiting capability to 100 visitors.
Furthermore, AmaWaterways’ ships have been designed with fan coil individual air cooling and heating units, which eliminate any recirculation of air in staterooms or in public areas; and nearly all staterooms include balconies.
Crews are required to wear face coverings at all times while guests must wear them only while moving around the ship. With capacity currently capped, the spacious Main restaurant and the included specialty restaurant, The Chef’s Table, easily accommodate the safe distances now required. New room service options have also been added

Real Estate News# Singapore real estate investment trusts ESR and Sabana propose to merge

Singapore’s ESR-REIT ESRR.SI has agreed to buy Sabana REIT SABA.SI in a deal that will create the city-state’s fifth-largest industrial real estate investment trust by assets, adding to a wave of consolidation in the sector.

Hong Kong-based logistics developer and fund manager ESR, which has $22.1 billion in assets under management, is consolidating its presence in Southeast Asia’s highest value market by merging a pair of Singapore industrial real estate investment trusts it manages in a deal valued at S$397 million ($285 million).

Each Sabana unitholder will receive 94 new ESR-REIT units for every 100 Sabana Units held, the companies said in a joint statement on Thursday.

The two firms had tried to merge in 2017, but talks were called off.