Zanzibar Blackout

Blackout erodes Zanzibar tourism profits

STONE TOWN, Zanzibar - Zanzibar's tourism sector faces heavy losses after a power outage caused by a broken connector plunged the islands into darkness at the height of the holiday season.

Azerbaijani Tourism

Azerbaijani tourist sector profit amounts to AZN 8 million

Over the first six months of 2009, profits of Azerbaijani tourist sector increased by 1% as compared to relevant period of 2008.

It Can Help Improve Profits, Says World Travel Market

Marketing sustainable tourism

World Travel Market is aiming to smash the myth that responsible tourism cannot contribute to the bottom line.

Emirates

Emirates yearly earnings drop 72 percent amid downturn, but airline maintains profit streak

DUBAI, United Arab Emirates — Emirates, the Middle East's biggest airline, said Thursday its profit tumbled 72 percent last fiscal year as it struggled with soaring fuel prices and a drop in demand

Profit Protection Key In Tough Economic Environment

Airlines tackle US$1.4 billion online fraud challenge

New survey findings released today show airlines worldwide lost over US$1.4 billion to online fraudsters in 2008, about 1.3 percent of worldwide airlines’ online revenue.

State Of The Air

US airlines may cut more seats to protect profits

U.S. airlines that pared seating capacity about 10 percent this year may deepen the cuts in 2009 to ensure the industry makes its first profit in a recession.

Strong Improvements Offset By High Cost Of Fuel

Fuel and taxes clip Hawaiian Airlines profits nearly 70 percent

Earnings at Hawaiian Airlines' parent company fell nearly 70 percent during the third quarter due in part to expenses related to fuel hedging contracts and an increase in the company's tax provision.

Air Arabia

UAE low-cost airline reports surge of 81 pct in net profit in Q1

ABU DHABI - Air Arabia, a low-cost airline of the United Arab Emirates (UAE), reported a net profit of 78 million dirhams (21.25 million U.S. dollars) in the first quarter of 2008, surging 81 percent over the same period in 2007, local newspaper Gulf News reported on Monday.

Cathay Pacific

Profits surge 72 per cent at Hong Kong airline

Hong Kong - Hong Kong's flagship airline Cathay Pacific Wednesday announced a record-breaking 71.8 per cent increase in net profits of 901.9 million US dollars for 2007. The profits surge, which compared to 525 million US dollars the year before, was driven by strong passenger demand, a weak US dollar and fuel hedging gains, chairman ... read more

Vegas + China = Love. And Money. Lots Of Money.

Why Vegas courts China

Growing Chinese wealth, relaxed visa rules promise explosion of nation’s visitors.

The financial windfall that arrives with Chinese New Year — one of the most profitable and active periods of the year on the Strip — is only a fraction of what’s in store for Las Vegas.

Tourism Miracle Has Turned Water Into Profits

Lourdes 'Disneyland of God' expects record 8m visitors for 150th anniversary of first vision

Away from the Immaculate Conception ice-cream parlour, the Welcome to Paradise gift shop, and racks of glow-in-the-dark Virgin Marys, Noël Cannou was getting a moment's peace.

Ryanair

Budget airline on course for a 'perfect storm' as fuel costs rise

The aviation industry is flying into a "perfect storm" that could halve Ryanair's profits next year, the low cost carrier warned yesterday.

China

China's booming budget hotels profit from no frills

SHANGHAI - German engineer Michael Bosch is not fazed by the lack of a gym and other creature comforts at his budget hotel in a converted Shanghai office building. He's stayed at such hotels on nearly a dozen trips to Chinese cities.