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Tag: profitability

IATA forecast for global aviation in 2019 is not so good for reasons listed

IATA forecast for global aviation in 2019 is not so good for reasons listed

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry ... Read More

Airbus delivers first highly efficient A330neo to Delta Air Line

Airbus delivers first highly efficient A330neo to Delta Air Line

Delta Air Lines took delivery of its first A330-900, one of 35 A330neos the Atlanta, Georgia-based airline has on ... Read More

Choice Hotels announces new Regional Vice President of Franchise Services

Choice Hotels announces new Regional Vice President of Franchise Services

Choice Hotels International, Inc. announced Michelle Masters has joined the company as regional vice president of franchise services, Northeast ... Read More

Lufthansa Supervisory Board appoints Executive Board member Thorsten Dirks for three more years

Lufthansa Supervisory Board appoints Executive Board member Thorsten Dirks for three more years

In today’s meeting, the Supervisory Board of Deutsche Lufthansa AG decided ahead of schedule to extend the contract with ... Read More

Safertourism.com: Tourism Security will be an issue in 2020

Safertourism.com: Tourism Security will be an issue in 2020

The 26th Las Vegas International Tourism Safety and Security Conference in 27 years was concluded last week. Next year ... Read More

Airbnb v. Hotels: Competing and benefiting in the sharing economy

Airbnb v. Hotels: Competing and benefiting in the sharing economy

Researchers from the Tepper School of Business at Carnegie Mellon University published new research which sheds new light on ... Read More

Avianca announces CEO retirement

Avianca announces CEO retirement

Avianca Holdings S.A. today announced that Hernán Rincón Lema has notified the Avianca Holdings Board of Directors that he ... Read More

California-based Surf Air eyes profitability in 2019

California-based Surf Air eyes profitability in 2019

A turbulent year for Surf Air has finally come to an end. Exciting recent updates have already resulted in ... Read More

Antigua and Barbuda strengthens its partner relations for win-win solutions for the upcoming cruise season 2019/2020

Antigua and Barbuda strengthens its partner relations for win-win solutions for the upcoming cruise season 2019/2020

Antigua & Barbuda’s Tourism Delegation led by the Hon. H. Charles Fernandez held a series of meetings with the ... Read More

Aloft Kuala Lumpur has a new GM

Aloft Kuala Lumpur has a new GM

Aloft Kuala Lumpur Sentral welcomes Rubel Miah, as its newly appointed General Manager. Rubel joins the sassy 4-star Hotel ... Read More

Industry veteran named new exec at Starboard Cruise Services

Industry veteran named new exec at Starboard Cruise Services

Starboard Cruise Services has announced the appointment of Brenda Yester Baty as Chief Commercial Officer (CCO). In this newly-created ... Read More

Florida Space Coast Office of Tourism announces new Executive Director

Florida Space Coast Office of Tourism announces new Executive Director

After an extensive search process, Brevard County has selected veteran Florida marketing executive Peter Cranis as its new head ... Read More

Making air travel affordable and accessible to the common man

Making air travel affordable and accessible to the common man

Minister of Commerce & Industry and Civil Aviation, Mr. Suresh Prabhu, today advised state government to board the “Udan” ... Read More

All Nippon Airways takes stake in Philippine Airlines

All Nippon Airways takes stake in Philippine Airlines

Philippine Airlines (PAL) is planning further rapid expansion of its international operation over the next few months as it ... Read More

MGM Resorts International announces leadership changes

MGM Resorts International announces leadership changes

MGM Resorts International today announced changes to its leadership team and a streamlining of responsibilities to empower leaders to ... Read More

IMEX Frankfurt Association Day centers on high value insights & inspiration

IMEX Frankfurt Association Day centers on high value insights & inspiration

“I’m always looking for support with innovation and Association Day provides the perfect opportunity to get new ideas.” Danielle ... Read More

Airbus reports strong Full-Year 2018 results, delivers on guidance

Airbus reports strong Full-Year 2018 results, delivers on guidance

Strong 2018 performance, guidance delivered Revenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A ... Read More

A clear and present danger to American Airlines customers

A clear and present danger to American Airlines customers

Getting on an American Airlines flight may not be the same for some passengers after reading a Letter by ... Read More

SeaWorld Entertainment, Inc. appoints new Chief Executive Officer

SeaWorld Entertainment, Inc. appoints new Chief Executive Officer

SeaWorld Entertainment, Inc., a theme park and entertainment company, today announced that it has appointed Gustavo (Gus) Antorcha as ... Read More

Which brands rank high in travel loyalty?

Which brands rank high in travel loyalty?

Consumer expectations increase annually on average by 25%. Which airlines, hotels, car rental companies, and credit card companies rank ... Read More

What is challenging the hotel industry this year?

What is challenging the hotel industry this year?

The increase in mobile traffic and the importance of metasearch engines, the emergence of voice searches and the need ... Read More

UK hotels: Second consecutive month of profit growth in November

UK hotels: Second consecutive month of profit growth in November

Building on October’s GOPPAR gains, UK hotels successfully produced a second consecutive month of profit growth in November, positioning ... Read More

MGM Resorts International launches new program to reduce costs, improve efficiencies

MGM Resorts International launches new program to reduce costs, improve efficiencies

MGM Resorts International today announced a plan to further reduce costs, improve efficiencies and position the Company for growth. ... Read More

Xenia Hotels & Resorts sells Residence Inn Denver City Center

Xenia Hotels & Resorts sells Residence Inn Denver City Center

Xenia Hotels & Resorts, Inc. today announced it has sold the 228-room Residence Inn Denver City Center in Denver, ... Read More

Benchmark appoints new controller for Costa d’Este Beach Resort & Spa

Benchmark appoints new controller for Costa d’Este Beach Resort & Spa

Benchmark has named Shaun Griffin controller for Costa d’Este Beach Resort & Spa. The Gemstone Collection property is located ... Read More

Travel stylishly: Jewelry for the executive on the move

Travel stylishly: Jewelry for the executive on the move

Recognizing and acknowledging a new reality, jewelry designers are incorporating the active lifestyle of travel into their jewelry. Read More

Wynn Resorts announces changes to executive team

Wynn Resorts announces changes to executive team

Wynn Resorts Limited today announced several changes to its senior executive team, including the return of experienced resort executive ... Read More

IATA: Airlines heading for a decade in the black

IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, ... Read More

Italian Exhibition Group strengthens its growth with €111.8 million in revenue

Italian Exhibition Group strengthens its growth with €111.8 million in revenue

At the press conference today, Italian Exhibition Group (IEG) communicated its results as at 30th September 2018. The figures, ... Read More

H.I.S. reports full year results

H.I.S. Co., Ltd., a leading travel and airline ticket agency, has announced results for the full year ended October ... Read More

PATA Summit in Guam features Seychelles Tourism Minister as lead speaker

PATA Summit in Guam features Seychelles Tourism Minister as lead speaker

BANGKOK, Thailand – “This year marks the 65th anniversary of PATA and it is entirely appropriate that we are ... Read More

WestJet earnings soar 33 percent

WestJet earnings soar 33 percent

CALGARY, Canada - WestJet today announced its first quarter results for 2013. Read More

Southwest Airlines reports increase in annual profits

Southwest Airlines reports increase in annual profits

DALLAS, Texas - Southwest Airlines Co. today reported its fourth quarter and full year 2012 results. Read More

A4A calls for national airline policy to boost global competitiveness

A4A calls for national airline policy to boost global competitiveness

WASHINGTON, D.C. - Airlines for America (A4A) today called on the Senate to support a National Airline Policy in ... Read More

India’s hotel industry back in the black

India’s hotel industry back in the black

NEW DELHI, India - Just a year ago, Anju Bali, a travel and tour operator in New Delhi, was ... Read More

Royal Caribbean reports a 55 percent increase in Q3 earnings

Royal Caribbean reports a 55 percent increase in Q3 earnings

MIAMI - Royal Caribbean Cruises Ltd. today announced a 55% year-over-year increase in third quarter earnings, provided higher earnings ... Read More