(TDN): Norwegian continues the strong passenger growth. In January, Norwegian transported 827,743 passengers which is a 28 percent increase from the same period last year. This months strong passenger growth and load factor is very satisfactory, particularly taking into consideration that January is seasonally the weakest month of the year.
“We are continuously renewing sour fleet with more Boeing 737-800 aircraft. The brand new aircraft Read the rest of this entry »
(TDN): Wizz Air announced that it would enter the Serbian market by opening two new routes from Belgrade, as early as Summer 2010. The initial network will include services to Dortmund and London Luton from 12 June and 24 July respectively.
Gyorgy Abran, Chief Commercial Officer of Wizz Air said: “We are delighted to extend our service offering to the Serbian passengers, who can now enjoy our low fares coupled Read the rest of this entry »
(TDN): Jumeirah Group, the Dubai-based luxury hospitality company and member of Dubai Holding, has been appointed by Thailand’s Country Group to manage a luxury hotel in the heart of Bangkok. The management agreement was signed by Mr. Gerald Lawless, executive chairman of Jumeirah Group and Mr. Ben Taechaubol, managing director of Country Group, at a ceremony held recently in Bangkok.
The 305-room, five star luxury Jumeirah Bangkok will have a prime location on the legendary Chao Phraya River, close to the Sathorn Bridge and Bangkok’s Central Business Read the rest of this entry »
(TDN): International hotel chain, Room Mate Hotels has selected RateTiger’s channel manager RTSuite Allocator to help manage the distribution of room rates and availability across online hotel sites. The Spanish-owned group has implemented RTSuite across all its 17 properties to accelerate the growth of its internet bookings.
The choice to use RateTiger was made by Kathi Grutzmacher’s, Director of Sales Distribution & e-Marketing. She experienced the product during her times with chains Read the rest of this entry »
(TDN): Representing close to 25 percent of the leisure market, Vacation.com, North America’s leading travel services marketing organization, is cautiously optimistic about the upcoming year after analyzing membership sales reports. Early results from wave season are positive; member agents cite that demand is high with a vast majority of suppliers.
“Many factors are lining up, making us firmly believe that 2010 will be a very good year for our members,” said John Lovell, Vacation.com’s vice president of Sales & Industry Read the rest of this entry »
(TDN): The serviced apartment sector is proving one of the early beneficiaries of increased corporate confidence as early 2010 sees a resurgence in business travel. Paul Constantinou, Chairman of Quest Serviced Apartments, says his franchisees are already seeing an increase in the number of corporate organisations seeking serviced apartments for their travelling executives.
“Already these accommodation options are attracting increased patronage in 2010 and make up the fastest growing sector in the industry. Quest bookings are solid for the first quarter of the year which suggests despite the turn in the economy, companies Read the rest of this entry »
(TDN): Economic research firm e-forecasting.com in conjunction with Smith Travel Research announced that their U.S. hotel industry leading indicator-HIL-increased during December, the ninth consecutive monthly increase for the indicator. The indicator went up 1.8 percent during the month, following a 1.3-percent increase in November.
HIL, a monthly leading indicator for the U.S. hotel industry, is a composite leading indicator that, on average, leads the industry’s business activity four to five months in advance. The latest increase brought the index to a reading of 109.4. The index Read the rest of this entry »
(TDN): The company reported a net loss excluding special items for the fourth quarter 2009 of $32 million, or ($0.20) per share. This compares favorably to the fourth quarter 2008 net loss excluding special items of $222 million, or ($1.94) per share.
The company reported a full year 2009 net loss excluding special items of $499 million, or ($3.75) per share, versus a net loss excluding special items of $808 million, or ($8.06) per Read the rest of this entry »
(TDN): Amadeus and Air France - KLM have agreed to extend their full content agreement until December 2013. The agreement guarantees Amadeus travel agents worldwide access to the entire range of fares, schedules and inventory relating to more than 74.8 million seats and 90.000 flights operated annually by Air France and KLM.
Jean Wieviorka, VP Corporate and Distribution, Air France and KLM, said: “Travel agencies are an essential part of our global sales strategy. We are delighted to have reached a cost-effective distribution agreement that will continue to give Amadeus Read the rest of this entry »
(TDN): Inspired by a common passion for unique experiences, Design Hotels and The Auteurs, an international film website, have joined forces to create Hotel Cinematheque.
Every two weeks a Design Hotels member property will be paired with a film based on a common location or theme. Travellers who book the featured hotel during this period, will receive an exclusive promotional code. This allows them to watch Read the rest of this entry »
|
| Subscribe to The Business Time |
| Visit this group |