Tag: finance
Swiss Space Tourism: A ticket to ride for US$100
Boris Otter, future space tourist, is creating a federation of astronaut enthusiasts: an extraordinary opportunity where 5 winning individuals will receive a ticket for space in one of the first ... Read More
United Airlines names new Senior Vice President of United Express
United Airlines today named Sarah Murphy senior vice president of United Express, where she will oversee the carrier's extensive regional network, product, customer service, operations and strategy. Murphy most recently ... Read More
Tourism Enthusiasts Protest Possible Giveaway Of Murchison Falls For Dam Construction By Ugandan Government
Last week on Friday, many Ugandans especially those in the tourism and conservation circles were shocked when an advert appeared in the national newspaper by the Electricity Regulatory Authority(ERA) in ... Read More
Kalamazoo-Battle Creek International Airport in Michigan to close
The Kalamazoo Battle Creek International Airport will close to airline traffic from June 10 until June 26 this year due to runway repaving. There will be no flights scheduled during ... Read More
IATA Resolution calls for Implementation of Global Carbon Offsetting Scheme
The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) overwhelmingly approved a resolution calling on governments to continue important work for full implementation of the Carbon Offsetting and ... Read More
Timbers Resorts appoints Sean McLaughlin chief financial officer
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
Hodges Ward Elliott appoints new Hotel Group President
Hodges Ward Elliott, an independent hotel brokerage and investment-banking firm, with offices in New York, Atlanta, Los Angeles and London, today announced that Daniel Peek will be joining HWE as ... Read More
Crestline Hotels & Resorts names new Executive Vice President, CFO & CIO
James Carroll, President & CEO of Crestline Hotels & Resorts, LLC, announces the appointment of Edward Hoganson as Executive Vice President, Chief Financial Officer & Chief Investment Officer for the ... Read More
Benchmark appoints new Vice President of Business Development
Benchmark has appointed Mitch Garrett vice president of business development. Jarrad Evans, senior vice president, business development & strategy, made the announcement. “It is such a pleasure to welcome Mitch ... Read More
Largest aircraft PDP financing project in global aviation in Asia signed
A total of 17 banks were involved in the syndicated loan in the amount of US$840 million to finance part of Pre-Delivery Payment (PDP) for new CALC aircraft orders. CALC ... Read More
Wharf Hotels to open Niccolo Suzhou in 2020
Suzhou, fondly known as China’s Venice of the East, will take center stage as the city’s newest iconic landmark with the launch of a new, contemporary chic hotel, Niccolo Suzhou, ... Read More
‘Costly welcome party at citizens’ expense’: Refugees and migrants cost Germany €23 billion in 2018
Germany spent a record €23 billion ($25.65 billion) last year to integrate more than a million refugees at home and “fight the root causes of migration abroad,” according to German ... Read More
Bugoma Forest must remain, says Uganda’s President, but conservationists not celebrating just yet
Following a sustained campaign over a court ruling to lease Bugoma Forest to Hoima Sugar Works last month, Uganda President Museveni has pronounced that Bugoma Forest must remain. This follows ... Read More
Sri Lanka Tourism puts together special tourist offers following terror attacks
A host of offers were shared and discussed, and a final decision on a collective effort will be made next week with the Sri Lanka Tourism Development Authority (SLTDA), Sri ... Read More
U.S. DOT approves United Airlines’ new service to Tokyo Haneda
The U.S. Department of Transportation (DOT) today announced that United Airlines was tentatively granted a total of four daily nonstop flights to Tokyo Haneda Airport (HND). The slots will be ... Read More
48 million Americans would skip a credit card payment over a vacation
48 million Americans say they would skip a credit card payment before they’d skip a vacation, according a new survey published today. Survey Key Findings: • 19% of people would ... Read More
$1.3 million in scholarships awarded to hospitality students
The American Hotel & Lodging Educational Foundation (AHLEF), the charitable giving arm of the American Hotel & Lodging Association (AHLA), today announced that it is awarding $1.3 million in scholarships ... Read More
United Airlines upgraded mobile app wins Webby Award
Last night at the 23rd Annual Webby Awards in New York City, United Airlines accepted the "People's Voice" Webby Award in the "Business and Finance" category for the airline's reimagined ... Read More
RCI announces new Managing Director for Europe, the Middle East and Africa
RCI, the world's largest timeshare vacation exchange network as part of Wyndham Destinations, has announced the appointment of Paul Mulcahy as Managing Director for RCI operations in Europe, the Middle ... Read More
Vancouver Airport Authority announces new Chair
Vancouver Airport Authority's Board of Directors has elected Annalisa King , an award-winning business executive, as Chair of its Board of Directors. Annalisa replaces Mary Jordan , upon the end ... Read More
Stuttgart Airport promotes electric aircraft and electricity-based fuels
At Stuttgart Airport, new charges for take-off and landing come into effect July 1st, 2019. The new regulations actively encourage the expansion of the route network and the use of ... Read More
Hilton’s brand portfolio overtakes Marriott’s as world’s most valuable
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
Silicon Valley Tech executive becomes CTO for Bidroom hotel platform
Maurizio Tripi has joined the Board of Directors of Bidroom - the no-commission hotel platform - to speed up the company’s technology innovation as the new Chief Technology Officer. Scalability ... Read More
Italian Tourist Tax receipts in Italy: A record for 2019
The Italy City Tourist Tax for the year 2019 is foreseen to reach a new record of 600 million euro. This result is estimated by a study made by Federalberghi ... Read More
Wimbledon 2019: Winning plans for players and spectators
The All England Lawn Tennis Club (AELTC) has announced a series of significant changes for The Championships 2019 and beyond. In the buildup to the official start of the Championships ... Read More
London Heathrow: Recording another record
London Heathrow is recording another record. More passengers than ever before – Heathrow achieved its 29th consecutive month of growth, welcoming a record 17.9 million passengers in Q1 2019 Award-winning service – ... Read More
United Airlines announces first-ever nonstop New York/Newark-Cape Town service
United Airlines today announced tickets are now available for purchase for the first-ever nonstop service by a U.S. carrier between New York/Newark and Cape Town. United will begin three-times weekly ... Read More
Frankfurt Airport lays cornerstone for future Terminal 3
Fraport AG laid the cornerstone for Frankfurt Airport’s new Terminal 3, one of Europe’s largest privately financed infrastructure projects. Numerous guests and construction workers attended the ceremony, which marked the ... Read More
Wharf Hotels announces new executive appointments
Wharf Hotels has appointed Roger Shing as Group Director Purchasing, strengthening its purchasing power with Roger as a respected new member of its robust Finance division. Spearheading the group’s procurement ... Read More
The complex definition of the new Alitalia airline drags on
With the definitive go-ahead for the growth decree, the Italy Council of Ministers added a further element to the complex definition of the new Alitalia airline. The approved text, in ... Read More
Sri Lanka still safe for tourists? Heartfelt plea by Jetwing Hotels Chairman Shiromal Cooray
Sri Lanka Tourism is actually open for business: There is no threat to the overall safety of visitors. This is the latest message released by Sri Lanka Tourism officials and ... Read More
Airbus selects seven finalist teams to shape the future of aerospace
Airbus experts have selected seven teams for the 2019 final of world-class competition Fly Your Ideas which invites students from around the world to innovate in key areas for the ... Read More
Hugh Riley retires as Secretary General of Caribbean Tourism Organization
Caribbean Tourism Organization, region’s tourism development agency, is to begin the search for a new Secretary General to replace the departing Hugh Riley. Riley, who was appointed to the top ... Read More
Tourism stakeholders presented with Destination 2023
Following the consultative process to review and update the Tourism Master Plan 2012-2020 in May 2018, it was seen necessary that a concrete action plan to guide the Tourism sector ... Read More
Diamond Live Concert Series honored by American Resort Development Association
Diamond Resorts was recognized by the American Resort Development Association with one of the vacation ownership industry's top awards for its groundbreaking Diamond Live Concert Series. Mike Flaskey, Chief Executive ... Read More
Africa Tourism Leadership Forum: Next stop Durban
Themed “Stimulating intra-Africa Travel through thought leadership,” the 2019 Africa Tourism Leadership Forum (ATLF) is the only Pan-African public-private tourism leadership dialogue platform that is convened, led, and hosted by ... Read More