Aviation and tourism giants subject to ‘systemic risk’ review
River cruise and escorted tours specialist operator Riviera Travel is being tipped for sale for as much as £250 million.
UK Hospitality chief warns uncertainty ‘bad for business’
Advantage Travel Centres today reported a 21% hike in annual profits to £600,000.
Expanding Caribbean group Elegant Hotels saw profits and occupancy rates fall over the winter peak period due to the slump in the value of the pound.
Indigo Partners, the private equity firm managed by veteran US low-cost airline investor Bill Franke, is selling its 18.7% stake in eastern European budget carrier Wizz Air for £249 million.
UK inflation rate pushed to highest level in four years in May
Financial support restored after 67% cuts last month.
Pound initially fell against euro and dollar before stabilising overnight
Regional carrier posted pre-tax loss of £19.9 millon for last year
In the 12 months to last December the group, which includes the Shearings Holidays, National Holidays and the Coast & Country and Bay hotel brands, grew revenue by 3%.
Two-year extension to 13-year agreement between car rental firm and budget airline.
Andrew Swaffield tells Abta Travel Law event that higher fares, less choice and return to charter flights could be on horizon
Ryanair has reported a 6% rise in profits to €1.3 billion in its full-year results.
The funds for Arena Hospitality Group will help support expansion in central and eastern Europe
Could there be more clarity on Brexit after the UK general election on June 8? Don’t bank on it, a leading political commentator tells Ian Taylor