Travel Industry
Norwegian acquires Ving in multi-billion deal
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Airline Norwegian is buying travel group Nordic Leisure Travel Group, including Ving and Spies, for nearly 8 billion kronor.
A March 2026 report projects the global luxury yacht charter market to grow from USD 12.6 billion in 2021 to USD 19.0 billion by 2031 at a 4.1% CAGR, with industry analyses suggesting potential for even stronger expansion to mid-teens or mid-20s billions. Demand from high-net-worth individuals for personalized, private marine experiences, alongside sustainable technologies and new destinations, fuels this rise.
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Uzbekistan is pursuing a collaboration with Expedia Group to promote its tourism industry globally, with a focus on markets in Europe and the United States. The initiative aims to integrate Uzbekistan's travel services into Expedia's platform and leverage joint marketing efforts. This move comes alongside recent visa-free entry for U.S. citizens to ease travel barriers.