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Tag: cost increase

European hotels’ profits down for a fifth consecutive month

Chief Assignment Editor Chief Assignment Editor- May 29, 2019 17:55

Profit per room at hotels in mainland Europe fell for a fifth consecutive month in April, as revenue levels continued to weaken across all departments, according to the latest data ... Read More

Hong Kong’s travel spending up 5.8% and continue growing

Chief Assignment Editor Chief Assignment Editor- February 22, 2019 20:07

In 2018, Hong Kong citizens made 92.21 million departures in 2018, averaging 12.4 departures per person! Total revenue of the city’s outbound package tours in the year grew 8.1% ! ... Read More

Brazil’s second-biggest airline profit plummets

editor editor- March 29, 2012 08:26

São Paulo, Brazil - Brazil's second-biggest airline's net income tumbled 58.9% from a year earlier as a spike in operating expenses ate into profit. Read More