Tag: equity

Timbers Resorts appoints Sean McLaughlin chief financial officer

Dmytro Makarov Dmytro Makarov- June 5, 2019 02:24

Timbers Resorts, the leading developer and operator of luxury boutique properties around the globe, announces today the appointment of esteemed finance and strategy professional, Sean McLaughlin, as the company's new ... Read More

ICCA: Colombia is in top 30 countries for meetings tourism

Chief Assignment Editor Chief Assignment Editor- May 21, 2019 20:04

The annual ranking by the International Congress and Convention Association (ICCA) revealed that Colombia is included in the top 30 countries who host international congresses. Last year, Colombia hosted 147 ... Read More

Thomas Cook Failure: Who to trust and how to communicate

Andrew J. Wood - eTN Thailand Andrew J. Wood - eTN Thailand- May 20, 2019 04:26

Thomas Cooks shares are effectively worth nothing right now. Thousands of British tourists looking forward to their holidays are not sure if they are really traveling anywhere. On Sunday the ... Read More

WestJet Airlines to be acquired by Onex

Chief Assignment Editor Chief Assignment Editor- May 13, 2019 23:56

WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash transaction. Under the terms of the agreement, Onex Corporation and ... Read More

Hilton’s brand portfolio overtakes Marriott’s as world’s most valuable

Chief Assignment Editor Chief Assignment Editor- May 9, 2019 22:40

Hilton has extended its lead as the world’s most valuable hotel brand while the total value of its brand portfolio within the Brand Finance Hotels 50 ranking has overtaken Marriott’s, ... Read More

Investing in Tourism Sustainability Conference: Dr. Taleb Rifai Chair

Juergen T Steinmetz Juergen T Steinmetz- May 6, 2019 05:34

The inaugural Investing in Tourism Sustainability Conference will open in Sunny Beach, Bulgaria Ma 30-31. It will focus on investment in tourism in Bulgaria and Southeast Europe. The Tourism Sustainability Conference will ... Read More

Leisure Pass Group welcomes new Non-Executive Chairman

Chief Assignment Editor Chief Assignment Editor- May 1, 2019 15:46

Travel and technology specialist Ian Wheeler has joined the board of the Leisure Pass Group, the world’s largest attraction pass business, as the company’s new Non-Executive Chairman. With a strong ... Read More

Tourism boom: Travelers visit Puerto Rico at an unprecedented pace

Chief Assignment Editor Chief Assignment Editor- April 30, 2019 00:20

Discover Puerto Rico, Puerto Rico's first-ever Destination Marketing Organization (DMO), announced today that 2019 Q1 lodging demand is on par with 2017 Q1 levels just fourteen months post-hurricane Maria, signaling ... Read More

New team member at The Pod Hotels

editor editor- April 17, 2019 22:46

The Pod Hotels is striving to address the rapidly-increasing demand for affordable lifestyle hotels targeted at progressive-minded and budget-conscious travelers who are creative and ambitious and who maintain high expectations ... Read More

BD Hotels plans rapid expansion, hires Head Of Acquisitions & Development

Chief Assignment Editor Chief Assignment Editor- April 11, 2019 15:14

BD Hotels today announces the appointment of Rani Gharbie as the Head of Acquisitions & Development for The Pod Hotels, BD Hotel’s highly profitable micro-hotel concept. The Pod Hotels currently ... Read More

Keeping Alitalia airline afloat: 900 million euro bridge loan conversion

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- April 11, 2019 04:06

Italy’s last council of ministers have approved a new decree law with 11 new rules presented by the Minister of Economic Development, Luigi Di Maio. Among these, at the last ... Read More

Guillaume Faury formally appointed Airbus Chief Executive Officer

Chief Assignment Editor Chief Assignment Editor- April 10, 2019 19:59

Airbus SE shareholders passed all resolutions at its 2019 Annual General Meeting (AGM), including the appointment of Guillaume Faury as an Executive Member of the Board of Directors for three ... Read More

Hotel History: Asian American Hotel Owners Association 

Stanley Turkel CMHS hotel-online.com Stanley Turkel CMHS hotel-online.com- April 6, 2019 20:45

The Asian American Hotel Owners Association (AAHOA) is a trade association that represents hotel owners. As of 2018, AAHOA has approximately 18,000 members who incredibly own about half the 50,000 ... Read More

Death for gay guests at Beverly Hills Hotel or Hotel Bel‑Air? Dorchester Collection issues a statement

Juergen T Steinmetz Juergen T Steinmetz- April 2, 2019 00:34

The Beverly Hills Hotel and Hotel Bel-Air are part of the Dorchester Collection group and upscale 5-star accommodation in Beverly Hills 2 miles from West Hollywood, known to be the Gayest ... Read More

Air Partner appoints Ed Warner as non-executive Chair

Juergen T Steinmetz Juergen T Steinmetz- April 1, 2019 06:01

Ed Warner has been appointed as Non-Executive Chair of the Air Partners as of April 1, 2019. Ed will also chair the Nomination Committee and join the Remuneration Committee. Ed Warner ... Read More

About the African Tourism Board: Top important according to an African American Tourism Expert

Juergen T Steinmetz Juergen T Steinmetz- March 28, 2019 05:28

Drew Barrett, a Chicago based African American tourism expert and consultant, thinks the newly founded African Tourism Board(ATB) is very important and potentially valuable to the nations of Sub-Saharan Africa. ATB will ... Read More

Any WOW Air reservation may not materialize: Airline has major problems

Juergen T Steinmetz Juergen T Steinmetz- March 25, 2019 21:59

"Bummer that WOW Air is potentially going under - had a very flawless experience with them. But does this mean fewer tourists in Iceland?", a disappointed passenger posted to twitter. ... Read More

Munich Airport reports 2018 net profit of 150 million euros

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

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 of 46.3 million passengers flying ... Read More

Sheraton unveils new logo

Chief Assignment Editor Chief Assignment Editor- March 11, 2019 15:28

Sheraton Hotels & Resorts, Marriott International's global brand continues its transformation journey with a nod to its timeless pioneering legacy, as it unveils a new logo that pays homage to ... Read More

China invests €15 billion in world’s longest undersea rail tunnel between Finland and Estonia

Chief Assignment Editor Chief Assignment Editor- March 9, 2019 17:15

An ambitious train rail link, designed to connect the Finnish and Estonian capitals through the bottom of the Gulf of Finland, has attracted €15 billion ($17 billion) from China-owned Touchstone ... Read More

DoubleTree by Hilton Alana Waikiki Beach hotel workers call for respect from management

editor editor- March 5, 2019 01:34

DoubleTree by Hilton Alana Waikiki Beach hotel workers organized a public action in their hotel lobby this morning, demanding respect from management, safe workloads, and a fair process to decide ... Read More

Puerto Rico Tourism beefs up online presence

editor editor- February 28, 2019 23:06

The new DiscoverPuertoRico.com offers a rich, multimedia content experience that inspires visitors to explore the entire Island while connecting them with local tourism businesses directly. Discover Puerto Rico, Puerto Rico’s ... Read More

3 distinctive hotel openings highlight growth of Olympia Companies

editor editor- February 15, 2019 00:27

The Olympia Companies has just come off a year of remarkable growth and development with the completion of three extraordinary new hotels: SOPHY Hyde Park in Chicago, IL; The Glen ... Read More

KDG Capital acquires Snow King Resort Hotel in Jackson, WY

Chief Assignment Editor Chief Assignment Editor- February 12, 2019 18:08

KDG Capital, a Florida-based real estate private equity firm, has purchased the Snow King Resort Hotelin Jackson, Wyoming. Benchmark will continue to operate and market the 230-room property, located at ... Read More

Air Canada and Chorus Aviation finalize purchase agreement for Jazz Aviation

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

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 and extension of the Capacity ... Read More

Dominique Leroux joins Infare as Vice President of Marketing

Chief Assignment Editor Chief Assignment Editor- January 24, 2019 20:04

Infare, the airfare pricing intelligence company, is positioning itself for further growth with the appointment of Dominique Leroux as Vice President of Marketing. Dominique brings with her extensive marketing experience ... Read More

The Future of MICE: Interview with IMEX CEO Carina Bauer

Frank Tetzel Frank Tetzel- January 18, 2019 07:54

CEO of the IMEX Group Carina Bauer graduated from Oxford University, UK, in Politics, Philosophy and Economics in 1998, Carina began her career in retail and catering – setting up ... Read More

Brave new world opens up for Young Tourism Ambassadors in Jaffna

editor editor- January 4, 2019 22:04

USAID and Jetwing Jaffna support the Tourism Skills Committee to showcase careers in tourism. Read More

Italy to the Vatican: Politics cannot leave room for Nationalisms and Wars

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- January 1, 2019 21:11

The President of the Italian Republic Mattarella has a New Year's message and a message for the World Day of Peace for Pope  Francis and the world. Read More

Air Asia sells 29 planes only to lease them back

Juergen T Steinmetz Juergen T Steinmetz- December 25, 2018 21:12

Air Asia is selling 29 planes – Airbus’ A320-200ceo and A320neo to Castlelake. Castlelake will lease the same aircraft back to the Malaysia based budget airline AirAsia. For AirAsia, the deal ... Read More

New MD and VP named by Radisson Hotel Group

editor editor- December 22, 2018 00:39

Radisson Hotel Group appoints Zubin Saxena to key leadership role in South Asia. Read More

Courtyard Burlington, Ontario: Innovative design and flexible space

Juergen T Steinmetz Juergen T Steinmetz- December 19, 2018 10:37

In Canada Courtyard by Marriott Hotel has opened its doors in Burlington, Ontario and ready to serve you. Featuring an innovative lobby space as well as Courtyard’s latest contemporary room ... Read More

Carlson Wagonlit Travel names new Executive VP and Chief Financial Officer

Chief Assignment Editor Chief Assignment Editor- December 4, 2018 10:05

Carlson Wagonlit Travel (CWT), the global travel management company, has appointed Michelle Frymire as Executive Vice President and Chief Financial Officer (CFO). Based in Minneapolis, Michelle will report to Kurt ... Read More

H.I.S. reports full year results

editor editor- December 9, 2016 21:20

H.I.S. Co., Ltd., a leading travel and airline ticket agency, has announced results for the full year ended October 31, 2016. Read More

Nigerian Eagle Airlines to sell equity, reorganize debt

editor editor- April 13, 2010 05:08

Nigerian Eagle Airlines, which is 49 percent owned by Virgin Atlantic Airways Ltd., plans to sell equity and reorganize its debt in a transaction worth about $450 million, said Ernst ... Read More

TRX falls short in complying with stock listing rule

editor editor- March 16, 2010 06:05

The NASDAQ Stock Market has notified TRX that it is no longer in compliance with a listing rule that requires the company to maintain a minimum of US$2.5 million in ... Read More