EasyHotel has raised £140,000 by disposing of part of a building in Ipswich which is to be converted into a new hotel.
It is hoped greater clarity on the UK’s plans for Brexit will stabilise sterling after it slumped to a 30-year low against the dollar and euro this week.
Lufthansa and Etihad Airways are reported to be in talks to possibly merge the two airlines.
Barbados-based Elegant Hotels suffered a slump in sales and profits last year against a backdrop of “challenging” market conditions.
British travellers buying US dollars for holiday money are getting the lowest rates for almost 31 years, according to foreign exchange firm Travelex.
Consumers appear unfazed by the fall in the value of the pound when it comes to booking overseas holidays, says Liam Hodge, head of insight for First Rate Exchange Services
Boeing today landed an order believed to be worth $20 billion from Indian domestic carrier SpiceJet for 205 aircraft.
Britain’s exit from the EU threatens major changes to the tax regime for UK travel companies. Ian Taylor reports
Delta Air Lines is taking a conservative approach to the start of 2017 following a slump in profits and revenue in the final quarter of last year.
A lack of confidence among agents selling add-on cruise excursions has been blamed for the collapse of specialist supplier Tripashore.
Winners of this year’s Travel Weekly Globe Travel Awards have thanked the trade for their unwavering support.
The travel industry’s favourite suppliers have been honoured at the Travel Weekly Globe Travel Awards in London.
The Civil Aviation Authority is reported to have signed a £90 million deal to sell its pension liabilities to the Pension Insurance Corporation.
Holiday park operator Away Resorts has acquired Sandy Balls Holiday Village in the New Forest for an undisclosed sum.
Gatwick could support an extra 13,000 new jobs by 2025 with its existing single runway if passenger numbers grow by around 20% from 43 million a year today, a new study shows.
A new business plan for loss-making Alitalia is to be presented to the Italian government today, according to major investor Etihad Airways.