Travel News

Priceline Q4 Profit Up a Third

February 27, 2017

Priceline Q4 Profit Up a Third

Priceline travel group reported fourth quarter net income up a third at USD$673.9 million, on higher agency revenue.


Flight Centre First Half Profit Drops 36 Pct

February 23, 2017

Flight Centre First Half Profit Drops 36 Pct

Australia-based travel agent Flight Centre announced a first half net profit drop of 36 percent, due to “unprecedented airfare discounting.”


AccorHotels Reports 2016 Profit Up 8 Pct

February 22, 2017

AccorHotels Reports 2016 Profit Up 8 Pct

AccorHotels announced net profit for 2016 of EUR€266 million, an 8 percent increase from the previous year.


Indonesia's Foreign Tourist Arrivals Up In December

February 16, 2017

Indonesia's Foreign Tourist Arrivals Up In December

The number of foreign tourist arrivals in Indonesia for December reached 1.11 million, a rise of 12.85 percent.


TUI To Sell Travelopia To KKR

February 13, 2017

TUI To Sell Travelopia To KKR

TUI Group has agreed to sell its Travelopia unit to US private equity firm KKR for EUR€381 million (USD$404 million).



Spain Sets Record For Tourist Arrivals

January 13, 2017

Spain Sets Record For Tourist Arrivals

Spain broke its previous record for tourist arrivals with 75.3 million international visitors in 2016.


Thailand Raises 2017 Tourism Revenue Target

January 10, 2017

Thailand Raises 2017 Tourism Revenue Target

Thailand’s Tourism Ministry has raised its target for tourism revenue for 2017 to THB 2.71 trillion baht (USD$76.1 billion), up 8.2 percent from 2016.


Olympics Boost Brazil Tourist Numbers

January 4, 2017

Olympics Boost Brazil Tourist Numbers

The number of international visitors to Brazil in 2016 reached a record high of 6.6 million, with the Olympic Games contributing to the increase.


Ctrip To Buy Skyscanner For GBP£1.4 billion

November 23, 2016

Ctrip To Buy Skyscanner For GBP£1.4 billion

Chinese online travel agent Ctrip has agreed to buy UK-based Skyscanner in a deal worth GBP£1.4 billion (USD$1.74 billion).


TUI Approves Etihad Joint Venture Airline

November 23, 2016

TUI Approves Etihad Joint Venture Airline

European tour company TUI is to go ahead with its plans to create a new European airline with Abu Dhabi’s Etihad.