Tourism in Chile reported a slight decrease in the numbers of guests. According to Hoteleros de Chile, the decrease in the hotel occupancy rate in January of up to 5% is the result of fewer Argentinia…
Qantas Group reports record results for second half of 2017
Qantas Group has delivered its highest-ever first half underlying profit before tax, reporting a figure of $976 million for the six months ending December 31st.The result surpasses the previous record…
Boeing reaches Air Force One deal with president Trump
Boeing has reached an agreement with American president Donald Trump to build two new Air Force One planes.The deal, valued at $3.9bn, comes despite previous opposition from Trump, who had argued the …
Thomas Cook launches zero deposit holiday scheme
Thomas Cook has announced the launch of a new £0 deposit buy now pay later payment plan, helping holidaymakers to budget and spread the cost of their next trip away.Launching on March 1st, the n…
AccorHotels reaches €4.4b AccorInvest deal
AccorHotels has signed agreements with a group of international investors with a view to selling a majority of the capital of AccorInvest.For Accor, the sale would result in a cash contribution of &eu…
Finland selected as partner country for ITB China
From May 16th-18th the focus of ITB China, the travel industry event taking place in Shanghai, will be on its partner destination Finland.“Finland has proven that it is attaching a great importa…
Congo Airways set for expansion this year
This year will be a watershed year for Congo Airways’ expansion plans, says Desire Balazire, Director General of the airline.The carrier launches services from Kinshasa to Johannesburg today (Fe…
Legendary Quito Restaurant Nuema Moves Into Illa Experience Hotel
If you ask a local to name the best restaurant in almost any big city, you’re liable to get a lot of different answers. In Quito, however, the one often topping the list has been Nuema, run by c…
SA arrival stats for 2017 commentary from Grant Thornton
Stats SA released the 2017 tourism arrival statistics this afternoon. South Africa welcomed 10.29 million foreign tourists (visitors who stayed overnight) in 2017. This is up only 2% over 2016.Lee-Ann…
Playa buying five Jamaica resorts for $300 million
Playa Hotels & Resorts has agreed to buy five Jamaica resorts from Sagicor Group Jamaica for about $300 million in cash and stock.Playa is buying four Jewel-branded resorts and the 489-room Hilton…