Tag: profits
Q3 2019 ends on high note for UK hotels
Chief Assignment Editor- October 25, 2019 16:15The third quarter ended on a positive note for UK hotels as profit per available room increased on a year-over-year basis for the second consecutive month. The 1.6% YOY GOPPAR ... Read More
War or Terror in the Gulf of Oman? Oil Tankers in flames, crew rescued and taken to Iran
Juergen T Steinmetz- June 13, 2019 09:27A maritime safety group warned earlier today of an unspecific threat in the Gulf Oman urging extreme caution amid US- Iran tension. The near the Strait of Hormuz is a ... Read More
Tanzania tour operators want reforms to improve business landscape
Adam Ihucha - eTN Tanzania- June 11, 2019 19:18Tanzania tour operators are upbeat at the news that the government would execute the reforms highlighted on the blueprint to improve business environment. Wilbard Chambulo, the Chairman of the Tanzania ... Read More
Vancouver International Airport expansion updates
Dmytro Makarov- June 5, 2019 02:40Vancouver International Airport (YVR) celebrated a major milestone with a steel topping ceremony for the expansion of the airport's International Terminal Building, known as Pier D. The event marked the ... Read More
IATA forecast for global aviation in 2019 is not so good for reasons listed
Juergen T Steinmetz- June 2, 2019 02:30The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecasts in December ... Read More
Middle East & North Africa hotels: Occupancy surges, profits drop
Chief Assignment Editor- May 31, 2019 15:15Occupancy levels at hotels in the Middle East & North Africa surged to 78.2 percent in April, but it was not enough to prevent profit levels falling for an eighth ... Read More
Hotel length-of-stays: Key global data findings
editor- May 31, 2019 01:43A new Length-of-Stay (LOS) Strategy Report was released today, examining the rates of over 50,000 hotels globally, based on data derived from OTA Insight’s Rate Insight platform. The report provides ... Read More
Aviation leaders assemble in Seoul for IATA’s 75th Annual General Meeting
Chief Assignment Editor- May 29, 2019 19:40The International Air Transport Association (IATA) announced that leaders of the global air transport industry are gathering in Seoul, Republic of Korea, for the 75th IATA Annual General Meeting (AGM) ... Read More
European hotels’ profits down for a fifth consecutive month
Chief Assignment Editor- May 29, 2019 17:55Profit 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
New lawsuits filed against Boeing in Ethiopian Airlines Flight 302 crash
Chief Assignment Editor- May 22, 2019 00:35Additional wrongful death lawsuits in the crash of the Boeing 737-8 MAX, operated as Ethiopian Airlines Flight 302, were filed in Chicago, IL, in the deaths of Virginia Chimenti, originally ... Read More
Passenger Safety: Boeing puts pressure on FAA to get Boeing 737MAX flying and worry later
Juergen T Steinmetz- May 16, 2019 00:08Airlines are desperate getting their fleet of Boeing 737 MAX flying again. The recertification process of the 737 MAX will require regaining the confidence of safety experts, pilots, and flight ... Read More
South East Asia Hotel Investors’ Summit will tackle emerging challenges to regional hotel markets
Chief Assignment Editor- May 14, 2019 18:36The South East Asia Hotel Investors’ Summit returns for its third edition in May and will again feature top executives from both hotel owning groups and management companies addressing issues ... Read More
Union: WestJet sale leaves frontline staff exposed
Chief Assignment Editor- May 14, 2019 01:12Unifor will continue to stand up for frontline WestJet workers as the airline is sold to Onex Corporation, a takeover specialist with a long history of cost cutting and restructuring ... Read More
EscapeMaker to host all women-led first-ever Virtual Agritourism Conference
editor- May 9, 2019 22:39Fourteen women industry experts join forces to create an evergreen educational resource for innkeepers, farmers, winemakers, craft beverage producers and ag-related destinations to grow their businesses. EscapeMaker.com, a guide to ... Read More
Two federal wrongful death lawsuits filed against Boeing
Chief Assignment Editor- May 4, 2019 17:15Two federal wrongful death lawsuits were filed on May 2 in Chicago, IL by the law firm Kreindler & Kreindler LLP, along with co-counsel Power Rogers & Smith LLP, on ... Read More
Wimbledon 2019: Winning plans for players and spectators
Rita Payne - special to eTN- May 2, 2019 01:25The 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
Thomas Cook selling its travel business: Chinese investment fund interested
Alain St.Ange- April 22, 2019 22:01Thomas Cook is the world’s oldest tour operator and was founded in Market Harborough in 1841 by businessman Thomas Cook. It started off with organized railway outings for members of ... Read More
No-show clients at Paris restaurants now must pay cancellation cash penalties
Chief Assignment Editor- April 16, 2019 18:00Cafes and restaurants in the French capital have opted to follow the lead of hotels and guest-houses, and start charging their customers with cash penalties for late cancellation of reservations ... Read More
Tourism for Tomorrow Awards: WTTC makes the 2019 announcement
Juergen T Steinmetz- April 4, 2019 15:40The World Travel & Tourism Council (WTTC) is delighted to announce the 2019 leaders in sustainable tourism at the Tourism for Tomorrow Awards ceremony. The Awards, now in their 15th ... Read More
Crime out of control and rampant in Waikiki: Let’s make it unwelcoming for homeless
Juergen T Steinmetz- March 29, 2019 00:14The perception is that crime is out of control and rampant in Waikiki. The community wants to make Waikiki unwelcome and uncomfortable for homeless people. Crime is not out of ... Read More
About the African Tourism Board: Top important according to an African American Tourism Expert
Juergen T Steinmetz- March 28, 2019 05:28Drew 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
FlyersRights asking DOT to regulate airline change fees
editor- March 23, 2019 00:35When Congress deregulated airline prices, routes, and schedules in 1978, Congress preserved the DOT’s responsibility to ensure that international prices and fees remained “reasonable.” This little-known provision of U.S. law ... Read More
Alitalia airline: The ongoing medley
Mario Masciullo - eTN Italy- March 20, 2019 21:57The 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
Starbucks Hawaii: Rotten food from the garbage and warm leftover coffee
Juergen T Steinmetz- March 20, 2019 05:06Starbucks is not the only one to blame when human decency in America is under attack. Pearlridge Mall on the island of Oahu is the second largest shopping mall in ... Read More
Boeing needs to show much more concern for safety and travelers
Chief Assignment Editor- March 15, 2019 16:56Boeing's response to the recent tragedies is a case study of what not to do in crisis communications. A cardinal rule in crisis PR is to guide the narrative before ... Read More
UK hotel profits drop due to rising costs
Chief Assignment Editor- February 28, 2019 22:15Despite a 3.4-percent year-over-year increase in RevPAR in January, profit per room at UK hotels dropped by 2.6 percent due to rising costs, according to the latest full-service hotels tracking ... Read More
Jamaica Prime Minister Andrew Holness breaks ground for Closed Harbour Beach Park
Juergen T Steinmetz- February 23, 2019 13:44Construction of the highly anticipated Closed Harbour Beach Park in Montego Bay will begin following the official groundbreaking by Prime Minister, the Most Hon Andrew Holness yesterday. The project, which ... Read More
Hyatt Regency Aruba Resort Spa & Casino welcomes new General Manager
Chief Assignment Editor- February 21, 2019 22:10Hyatt Regency Aruba Resort Spa & Casino is pleased to announce the appointment of Gabriel Castrillon as general manager. A seasoned veteran of the Hyatt family, Castrillon brings more than ... Read More
eTN interview with Cuban Tourism Office Councilor: Major plans for island’s tourism revival
Mario Masciullo - eTN Italy- February 18, 2019 18:30Launched in November 2018, Cuba's celebration of the 500th anniversary of the founding of San Cristobal de la Habana will end in November 2019. Its busy calendar includes art, culture, ... Read More
Farewell A380: Airbus announces the end of superjumbo production
Chief Assignment Editor- February 14, 2019 17:25European aerospace giant Airbus has announced Thursday it will stop making its superjumbo A380 in 2021. The announcement came after Airbus' biggest customer, Emirates, reduced the number of orders for ... Read More
Airbus reports strong Full-Year 2018 results, delivers on guidance
Dmytro Makarov- February 14, 2019 07:02Strong 2018 performance, guidance delivered Revenues € 64 billion; EBIT Adjusted € 5.8 billion; Free Cash Flow Before M&A and Customer Financing € 2.9 billion EBIT (reported) € 5.0 billion; ... Read More
End of skiplagging? Lufthansa suing passenger for ditching last leg of flight
Chief Assignment Editor- February 12, 2019 18:25One of Europe’s major airlines and the largest one in Germany wants to recoup lost profits by taking a customer to Berlin-Mitte court, claiming the individual had no intention of ... Read More
Which brands rank high in travel loyalty?
editor- February 5, 2019 23:52Consumer expectations increase annually on average by 25%. Which airlines, hotels, car rental companies, and credit card companies rank high on the loyalty scale? "Trust has become the connective tissue ... Read More
2018 second consecutive year of large gains for European hotels
Chief Assignment Editor- February 1, 2019 21:20Hotels in Europe suffered a 2.7-percent year-on-year decline in profit per room in December, yet still, annual GOPPAR rose 9.2 percent, marking a second consecutive year of large gains, according ... Read More
In Amsterdam, tourism growth is not the enemy, bad management is
editor- February 1, 2019 04:59As former Secretary General of the UNWTO, the specialized agency of the UN mandated with promoting healthy and sustainable tourism, I am watching with concern some of the emerging trends ... Read More
Bird species of the Seychelles celebrated in “Seychelles travel book – A Young Ornithologist’s Travel Journal”
editor- February 1, 2019 01:13Aspiring ornithologist from Acquapendente, Francesco Barberini, aged 11 years old makes the headlines with his third book. The book came out on December 17, 2018 just a few months after ... Read More