Chinese crackdown hits Fosun and HNA GroupAviation and tourism giants subject to ‘systemic risk’ review
Riviera Travel tipped for £250 million salePhil Davies Jun 19th 2017, 08:06River cruise and escorted tours specialist operator Riviera Travel is being tipped for sale for as much as £250 million.
Sterling’s fall in value ‘a double-edged sword’Ian Taylor Jun 16th 2017, 12:27UK Hospitality chief warns uncertainty ‘bad for business’
Advantage annual profits rise by 21%Phil Davies Jun 15th 2017, 09:48Advantage Travel Centres today reported a 21% hike in annual profits to £600,000.
Slump in sterling trims half-year profits at Elegant HotelsPhil Davies Jun 15th 2017, 07:45Expanding 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.
Private equity firm sells stake in Wizz Air for £249mPhil Davies Jun 15th 2017, 07:37Indigo 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.
Package holiday costs contribute to inflationPhil Davies Jun 13th 2017, 13:29UK inflation rate pushed to highest level in four years in May
Visit Florida funding threat liftedPhil Davies Jun 13th 2017, 07:28Financial support restored after 67% cuts last month.
Travel industry uncertainty as hung parliament confirmedPhil Davies Jun 9th 2017, 07:58Pound initially fell against euro and dollar before stabilising overnight
Flybe sets out capacity and tech plans after plunging into the redPhil Davies Jun 8th 2017, 08:16Regional carrier posted pre-tax loss of £19.9 millon for last year
Shearings announces fourth successive year of record tradingLee Hayhurst Jun 5th 2017, 08:13In 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%.
Europcar Group and easyJet extend partnershipBen Ireland Jun 2nd 2017, 16:34Two-year extension to 13-year agreement between car rental firm and budget airline.
‘Brexit could send aviation back to the 1970s’ says Monarch chiefBen Ireland May 30th 2017, 09:12Andrew Swaffield tells Abta Travel Law event that higher fares, less choice and return to charter flights could be on horizon
Ryanair posts profits of €1.3 billionBen Ireland May 30th 2017, 07:36Ryanair has reported a 6% rise in profits to €1.3 billion in its full-year results.
Park Plaza parent’s Croatian arm raises €100m in share placingPhil Davies May 26th 2017, 11:03The funds for Arena Hospitality Group will help support expansion in central and eastern Europe
Comment: Clarity or conflict over Brexit?Ian Taylor May 26th 2017, 10:43Could 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
