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Hongkong and Shanghai Hotels announces 2013 unaudited Q1 operating statistics

HONG KONG - At its Annual General Meeting held today, The Hongkong and Shanghai Hotels, Limited (HSH) disclosed its unaudited first quarter operating statistics, showing strong performance from The Pe

Q1 leisure bookings up 5.1 percent

DALLAS, Texas – The leisure travel market delivered a promising first quarter for hoteliers globally as bookings grew +5.1% through the end of March, according to data released today by Pegasus Solu

Singapore Airlines profit soars 73 percent

SINGAPORE - Singapore Airlines' first quarter net profit soared 73 percent from last year, it said Wednesday, partly driven by higher passenger traffic.

Kenya tourism sector recorded strong first quarter performance

The Kenyan tourism industry is confident, following the publication of first quarter arrival data, that they are firmly on course to a record year, exceeding the arrivals of 2007.

Malaysia Airlines flies back into black

KUALA LUMPUR, Malaysia - Malaysia Airlines posted profit in the first quarter, with increased passengers and compensation from Airbus over delivery delays of its A380 superjumbos helping to offset ris

Lufthansa’s EUR 298M first quarter net loss worse than expected

The largest European airline group, Deutsche Lufthansa AG, posted a worse-than-expected first quarter loss on Tuesday due to several factors such as bitter winter weather and high fuel costs.

Airline SAS expects $138M first quarter loss

STOCKHOLM — Scandinavian airline group SAS AB says it expects a loss before tax of 1 billion kronor ($138 million) in the first quarter due to weak demand and negative effects from currency exchange