Travel News

Flight Centre Issues Profit Warning, Blaming Polls

May 23, 2016

Flight Centre Issues Profit Warning, Blaming Polls

Australian travel agent Flight Centre blamed a global airfare war and upcoming polls in the United States, Britain and at home as it issued a profit warning.


Kenya Sees Tourist Numbers Rising To 1.6 Million

May 23, 2016

Kenya Sees Tourist Numbers Rising To 1.6 Million

Kenya expects tourist arrivals to jump by a third this year to 1.6 million as Western governments lift warnings against travel to the East African nation, the Kenya Tourism Board (KTB) said.


Security Fears Hit Thomas Cook Bookings

May 19, 2016

Security Fears Hit Thomas Cook Bookings

Thomas Cook's summer bookings fell as security concerns meant more people opted for breaks in Spain over Turkey, Tunisia and Egypt, outstripping its efforts to adjust flights.


Chinese Tourism Investment To Hit USD$306 Bln By 2020

May 16, 2016

Chinese Tourism Investment To Hit USD$306 Bln By 2020

Chinese investment in tourism will double to around CNY2 trillion yuan (USD$306 billion) by 2020, the China National Tourism Administration said, as the country looks to support its service sectors and tap consumer spending.


TUI To Sell Adventure Travel Business

May 11, 2016

TUI To Sell Adventure Travel Business

European travel group TUI is to sell its specialist adventure and educational travel brands to focus on its main mass market tourism business.



Mixed Signals For South Africa's Tourism Revival

May 6, 2016

Mixed Signals For South Africa's Tourism Revival

A weak local currency and a government U-turn on restrictive visa rules are helping South Africa's tourism sector to stage a strong recovery after a shaky 2015.


Cuba Scrambles To Keep Pace With US Tourist Boom

May 5, 2016

Cuba Scrambles To Keep Pace With US Tourist Boom

The number of US visitors to Cuba has nearly doubled this year as the island races to build hotels and expand Havana Airport to keep up with demand.


TripAdvisor's Revenue Falls 3 Percent

May 4, 2016

TripAdvisor's Revenue Falls 3 Percent

Travel review website operator TripAdvisor's quarterly revenue fell 3 percent as the company earned less from referring visitors to third-party websites.


Indonesia's Foreign Tourist Arrivals Up 9 Pct

May 2, 2016

Indonesia's Foreign Tourist Arrivals Up 9 Pct

The number of foreign tourist arrivals in Indonesia rose 8.96 percent in March from a year earlier, following the 3.31 percent increase a month before.


TUI Sells Hotelbeds Business

April 28, 2016

TUI Sells Hotelbeds Business

European tourism group TUI is selling its Hotelbeds unit to private equity group Cinven and Canada Pension Plan Investment Board in a deal worth EUR€1.165 billion (USD$1.3 billion).