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Saudi Arabian Travel Firm Al Tayyar Aims to Expand

An agent checks in a customer at a Dubai, United Arab Emirates-based travel agency branded Al Tayyar Travel. The company has been focusing on finding new revenue and profit streams, and it may sell a business unit to Uber, Bloomberg reports. Al Tayyar Travel Group

Skift Take: One of the kingdom’s largest travel companies, Al Tayyar, could receive a cash boost if it sells its stake in a ridehailing company to Uber as expected. The Saudi Arabian travel firm will need to invest the windfall wisely if it wishes to avoid the troubles facing companies like TUI and Thomas Cook.

— Sean O’Neill

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