Tag: revenues

The Bahamas is enjoying historic visitor numbers

The Bahamas is enjoying historic visitor numbers

Chief Assignment Editor Chief Assignment Editor- March 21, 2019 16:48 0

The Bahamas Ministry of Tourism & Aviation has heralded the highest number of international arrivals ever, resulting in record hotel occupancy levels. The Bahamas won ... Read More

Alitalia airline: The ongoing medley

Alitalia airline: The ongoing medley

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- March 20, 2019 21:57 0

The journey of Gianfranco Battisti, CEO of Ferrovie Dello Stato Italiane (FS), to the United States would have borne its first fruits in the definition ... Read More

Munich Airport reports 2018 net profit of 150 million euros

Munich Airport reports 2018 net profit of 150 million euros

Chief Assignment Editor Chief Assignment Editor- March 20, 2019 16:01 0

Munich Airport reported a successful 2018 operating year at its annual press conference in Munich today: The 3.8 percent increase in traffic to a total ... Read More

Global average airline ticket price expected to drop by April

Global average airline ticket price expected to drop by April

Chief Assignment Editor Chief Assignment Editor- March 12, 2019 16:30 0

CWT Solutions Group forecasts global average ticket prices (ATP) for air bookings will drop to around US$673 by April, down just over 4% from February ... Read More

PROUD Experiences exceeds expectations: Sold out

PROUD Experiences exceeds expectations: Sold out

editor editor- March 11, 2019 21:43 0

Exhibit space for the second edition of PROUD Experiences has sold out more than 3 months ahead of the show, exceeding all expectations and marking ... Read More

Ebix offers to buy India’s largest corporate travel exchange

Ebix offers to buy India’s largest corporate travel exchange

Chief Assignment Editor Chief Assignment Editor- March 11, 2019 19:05 0

Ebix, Inc. today announced that it has sent a letter to the Board of Yatra Online, Inc., outlining its offer to acquire 100% of the ... Read More

Challenging start to 2019 for hotels in mainland Europe

Challenging start to 2019 for hotels in mainland Europe

Chief Assignment Editor Chief Assignment Editor- March 7, 2019 17:30 0

Profit per room at hotels in mainland Europe fell by 9.1 percent year-over-year in January—the largest margin of decline in this measure since August 2016—as ... Read More

UK hotel profits drop due to rising costs

UK hotel profits drop due to rising costs

Chief Assignment Editor Chief Assignment Editor- February 28, 2019 22:15 0

Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due to rising costs, according to ... Read More

Hawaii hotel performance overall declined

Hawaii hotel performance overall declined

editor editor- February 26, 2019 22:36 0

In January 2019, Hawaii hotels statewide reported a small increase in average daily rate (ADR) but a decrease in occupancy resulted in lower revenue per ... Read More

All Nippon Airways takes stake in Philippine Airlines

All Nippon Airways takes stake in Philippine Airlines

Chief Assignment Editor Chief Assignment Editor- February 23, 2019 18:20 0

Philippine Airlines (PAL) is planning further rapid expansion of its international operation over the next few months as it launches services to Hanoi, New Delhi ... Read More

Minister: Egypt’s tourism had a leap in 2017 and large boom in 2018

Minister: Egypt’s tourism had a leap in 2017 and large boom in 2018

Chief Assignment Editor Chief Assignment Editor- February 19, 2019 02:20 0

Speaking at a press conference with the board of the Egyptian Tourism Federation on Monday, Egyptian Tourism Minister Rania al-Mashat praised the country's tourism sector ... Read More

eTN interview with Cuban Tourism Office Councilor: Major plans for island’s tourism revival

eTN interview with Cuban Tourism Office Councilor: Major plans for island’s tourism revival

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- February 18, 2019 18:30 0

Launched in November 2018, Cuba's celebration of the 500th anniversary of the founding of San Cristobal de la Habana will end in November 2019. Its ... Read More

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

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

Dmytro Makarov Dmytro Makarov- February 14, 2019 07:02 0

Strong 2018 performance, guidance delivered Revenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A and Customer Financing € 2.9 billion ... Read More

Air Astana reports $5.3 million net profit in 2018

Air Astana reports $5.3 million net profit in 2018

Chief Assignment Editor Chief Assignment Editor- February 13, 2019 19:05 0

Air Astana has declared unaudited net profit for 2018 of US$5.3m, driven by higher revenues and higher jet fuel costs. Total airline revenue rose by ... Read More

Indian Hotels Company continues to make waves in hospitality

Indian Hotels Company continues to make waves in hospitality

editor editor- February 12, 2019 23:24 0

The Indian Hotels Company Limited (IHCL), a South Asia hospitality company, reported its consolidated and standalone financials for the third quarter and 9 months of ... Read More

Air Canada and Chorus Aviation finalize purchase agreement for Jazz Aviation

Air Canada and Chorus Aviation finalize purchase agreement for Jazz Aviation

Chief Assignment Editor Chief Assignment Editor- February 4, 2019 19:10 0

Air Canada and Chorus Aviation Inc., parent company of Jazz Aviation LP, today confirmed that all conditions have been met and the previously announced amendment ... Read More

2018 second consecutive year of large gains for European hotels

2018 second consecutive year of large gains for European hotels

Chief Assignment Editor Chief Assignment Editor- February 1, 2019 21:20 0

Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive ... Read More

Oneworld unveils major benefits for customers and airlines

Oneworld unveils major benefits for customers and airlines

Chief Assignment Editor Chief Assignment Editor- February 1, 2019 17:30 0

The CEOs of oneworld member airlines today met in London to unveil a radical transformation of the global alliance as it marks the 20th anniversary ... Read More

In Amsterdam, tourism growth is not the enemy, bad management is

In Amsterdam, tourism growth is not the enemy, bad management is

editor editor- February 1, 2019 04:59 2

As former Secretary General of the UNWTO, the specialized agency of the UN mandated with promoting healthy and sustainable tourism, I am watching with concern ... Read More

26th annual World Travel Awards opens for submissions

26th annual World Travel Awards opens for submissions

Chief Assignment Editor Chief Assignment Editor- January 30, 2019 19:37 0

World Travel Awards (WTA) is pleased to announce its annual “call for entries” for inclusion in the most prestigious awards and recognition initiative in travel ... Read More

How did Hawaii hotels perform in 2018?

How did Hawaii hotels perform in 2018?

editor editor- January 25, 2019 21:56 2

Hawaii hotels statewide concluded 2018 with modest increases in revenue per available room (RevPAR) and average daily rate (ADR), and a small decrease in occupancy. Read More

FITUR beats the record for participation in its most international edition yet

FITUR beats the record for participation in its most international edition yet

Chief Assignment Editor Chief Assignment Editor- January 22, 2019 17:25 0

From 23 to 27 January, Madrid will once again become the focus of attention for the international tourism community with FITUR, the International Tourism Fair, ... Read More

2019: The year of PROUD Experiences

2019: The year of PROUD Experiences

editor editor- January 21, 2019 21:45 0

The debut of PROUD Experiences held in 2018 in London created the first b2b travel and lifestyle event for premium travel suppliers and buyers targeting ... Read More

Commercial demand helps European hotels’ profit growth in November

Commercial demand helps European hotels’ profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 15, 2019 18:25 0

Demand from the commercial segment accounted for more than 40 percent of accommodated roomnights in November and helped fuel a 5.2-percent year-on-year increase in profit ... Read More

Chicago sets new tourism record with over 57.6 million visitors in 2018

Chicago sets new tourism record with over 57.6 million visitors in 2018

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 19:32 0

Chicago Mayor Rahm Emanuel today announced that the city set a new tourism record, welcoming more than 57.6 million visitors in 2018 - a growth ... Read More

UK hotels: Second consecutive month of profit growth in November

UK hotels: Second consecutive month of profit growth in November

Chief Assignment Editor Chief Assignment Editor- January 10, 2019 00:25 0

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

Uganda Wildlife Authority protecting lions, communities and tourism

Uganda Wildlife Authority protecting lions, communities and tourism

Tony Ofungi - eTN Uganda Tony Ofungi - eTN Uganda- January 8, 2019 00:21 0

Experiential tourism was introduced in Uganda to allow visitors to actively participate in monitoring animals that live in the park using tracking devices. Read More

Japan introduces new tourist ‘departure tax’

Japan introduces new tourist ‘departure tax’

Chief Assignment Editor Chief Assignment Editor- January 7, 2019 17:25 0

Japan introduced new 'departure tax' for both, its own citizens and foreign visitors. The levy of 1,000 yen will be tied to the cost of ... Read More

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

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

Chief Assignment Editor Chief Assignment Editor- January 5, 2019 18:14 0

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

What’s behind Japan’s new International Tourist Tax?

What’s behind Japan’s new International Tourist Tax?

editor editor- January 5, 2019 02:21 0

Japan to impose tourist tax to visitors leaving longer than 24 hours. Read More

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