Tag: finances
Uganda tour operators warn of mass protests over proposed Murchison Falls dam
In an advertisement in “The New Vision” daily by the Electricity Regulatory Authority (ERA) on June 7, a notice of intended application for a license from Bonang Power and Energy ... 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
First women-only taxi service launched in Russia’s Chechnya
Russia’s mostly-Muslim Chechnya launched first women-only taxi service in its capital city of Grozny. The Mekhkari taxi service is supposed to become an alternative for Chechen women, who cannot travel ... Read More
Côte d’Ivoire seeks African Development Bank’s support for $5.8 billion tourism plan
Ivorian Minister of Tourism Siandou Fofana on 25 April 2019 presented a strategy document aimed at making Côte d’Ivoire Africa’s fifth biggest tourism destination from 2025 to the African Development ... Read More
Death for gay guests at Beverly Hills Hotel or Hotel Bel‑Air? Dorchester Collection issues a statement
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
WOW Air shut down: Thousands stranded
This is the email WOW Air passengers received after the airline shut down and flights were canceled: Dear WOW air guest, thank you for contacting us. We regret to announce ... Read More
Alitalia airline: The ongoing medley
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 of the new company for ... Read More
Mexico closes most of its tourist offices abroad
The Consejo de Promoción Turistica de México, the main public body for Mexican tourism, is closing all of its 21 international offices. Much of the available budget - about 290 ... Read More
IATA’s chief speaks at CAPA Aeropolitical and Regulatory Affairs Summit in Doha
Alexandre de Juniac, IATA’s Director General and CEO addressed the CAPA Aeropolitical and Regulatory Affairs Summit in Doha, Qatar today: It is a great pleasure to be here in Qatar ... Read More
Americans express mixed feelings about job market and economy
NEW YORK, N.Y. - Over the past few months the stock market has soared, with the Dow Jones Index hitting some of the best numbers in over five years. Read More
Queensland at risk of becoming “Spain of Australian states”
Queensland's finances are in a "shambles" but it is not Spain, according to a tourism industry insider. Read More
Sarkozy: Letting Greece into Eurozone was a mistake
NEW YORK - At long last, European leaders took a significant step forward on the long road toward resolving the eurozone's debt crisis. Read More
Standard & Poor cuts US triple-A debt rating
Standard & Poor's Ratings Services said today that it lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'. Read More
Global recovery must start with the poor
Unjustified cuts in aid to the poor during a financial crisis could violate human rights standards, and economic recovery must start with the most vulnerable, according to a United Nations ... Read More
IATA: Airline finances rebounded strongly in Q1
GENEVA - Airline finances rebounded strongly in the first quarter of this year, as a strong increase in cargo and passenger demand far outweighed extra capacity from new planes, the ... Read More
Airline finances may hurt safety, Sullenberger says
The pilot hailed for landing a disabled jet on New York’s Hudson River last month said cost cutting in the U.S. Read More
Alitalia could attract renewed TPG interest if airline declared insolvent
MILAN (Thomson Financial) - U.S. private equity fund Texas Pacific Group (TPG) could be interested in Alitalia SpA again, if the company is declared insolvent, said TPG partner Vincenzo Morelli, ... Read More
Check your airline’s financial health before buying a ticket
With airlines filing for bankruptcy in rapid succession, it's hard to know what to do as a consumer. Each time you book a ticket, do you feel a bit of ... Read More