According to this latest publication from Meticulous Research, the global recreational boats Market is expected to grow at a CAGR of 8.7 percent from 2018 to 2023 to reach USD 66.5 billion by 2023.

The bulk of the investment was directed into the tourism industry. While Saint Lucia has not yet released its 2017 FDI data, the country certainly saw a major uptick in tourism-related projects last year. 

As such, the board of On the Beach believes the acquisition will be earnings enhancing in the first full year of ownership, explained a statement.

From its base in Cyprus, Cobalt Air, offers regular flights to 22 destinations in Greece, UK, Ireland, France, Switzerland, Germany, Russia, Spain, Israel, Denmark, Lebanon and the UAE.

AirAsiaGo.com will continue to be powered by Expedia Group. Expedia Group has held 75 percent equity in the venture since 2015.

With the addition of listings on Airbnb, travelers using the Wego metasearch apps and websites will have easier access to a wide range of local homes and other unique types of accommodation in destinations worldwide.