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Travel Industry News

Thailand's February Tourist Arrivals Up 29.6 Pct

March 30, 2015

The number of tourists visiting Thailand rose for the fifth straight month in February, up 29.6 percent from a year earlier, continuing a recovery after an army coup last May ended months of political unrest.
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Thailand's February Tourist Arrivals Up 29.6 Pct

Dufry To Buy World Duty Free For EUR€3.6 Bln

March 29, 2015

Switzerland's Dufry has agreed to buy a majority stake in World Duty Free in a deal which values the Italian firm at EUR€3.6 billion (USD$3.8 billion).
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Dufry To Buy World Duty Free For EUR€3.6 Bln

UK Extends Travel Warning On Kenya

March 27, 2015

Britain toughened its warning to citizens visiting Kenya, telling them to avoid most coastal resorts including the region's main airport at Mombasa, another blow to the east African country's battered tourist industry.
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UK Extends Travel Warning On Kenya

Seychelles Tourism Growth To Increase

March 26, 2015

The Seychelles' economy is seen growing by 3.5 percent this year from an estimated 3.3 percent in 2014, helped by a recovery in tourism, according to the IMF.
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Seychelles Tourism Growth To Increase

TUI Group Confident On Profit

March 25, 2015

TUI Group is confident of growing underlying operating profit by between 10 and 15 percent this year thanks to higher holiday sales and prices.
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TUI Group Confident On Profit

Qatar's QIA To Join Dufry In Bid For WDF

March 23, 2015

Qatar Investment Authority and Swiss travel retailer Dufry are joining in a bid for Italian travel retailer World Duty Free, two people familiar with the matter said.
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Qatar's QIA To Join Dufry In Bid For WDF

S.Korea's Hotel Shilla To Buy US Duty-Free Stake

March 23, 2015

Hotel Shilla said it will buy a 44 percent stake in US in-flight duty free retailer DFASS for USD$105 million, the latest push abroad by a South Korean duty free operator amid intensifying competition at home.
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Lufthansa Wins TUI Commitment On Eurowings - Report

March 20, 2015

Lufthansa has won a commitment from travel group TUI to book seats for a "substantial portion" of tourists on the German airline's new long-haul budget carrier Eurowings, a German newspaper reported.
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Lufthansa Wins TUI Commitment On Eurowings - Report

Indonesia Excludes Australia From Visa-Free Travel List

March 16, 2015

Indonesia said that Australia would be excluded from a list of 45 countries to be offered visa-free travel amid heightened tensions between the two countries over the imminent execution of two convicted Australian drug traffickers.
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Indonesia Excludes Australia From Visa-Free Travel List

US Passenger Numbers To Grow 50 Pct By 2035 - FAA

March 16, 2015

The number of people flying on US airlines is expected to grow by about 50 percent in the next two decades, according to a report by the US Federal Aviation Administration.
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US Passenger Numbers To Grow 50 Pct By 2035 - FAA