French President Francois Hollande on Saturday opened a new replica of the famous Lascaux caves where prehistoric hunters painted hundreds of images of animals like aurochs, horses and deer on the cav…
Europe
AccorHotels invests in Banyan Tree
Paris-based AccorHotels is investing about $17 million in Singapore-based Banyan Tree Hotels & Resorts and will co-develop and manage future resorts under Banyan Tree’s four brands.Accor is …
TUI Group reports earnings increase and predicts bright future for hospitality
TUI Group has reported an operating result of €1.001 billion for the financial year, up from €953 million last year.The figure excludes the specialist unit Travelopia, which is available for…
Italian Tourism Industry Steadily On The Rise
Tourism industry in Italy has become the most important growth provider for the country’s economy this year. The trend is expected to continue in 2017/18 as well. The gross domestic product is e…
Choice Hotels plans expansion in Greece
Choice Hotels Europe has signed a multi-unit development agreement with GVK Enterprises, a hospitality management and development firm, to introduce and establish a hotel portfolio in Greece.Choice an…
President of France bestows the prestigious National Order of Merit on Zubin Karkaria
Zubin Karkaria, CEO – VFS Global and CEO – Kuoni Group, was appointed ‘Chevalier de l’Ordre National du Mérite’ (Knight of the National Order of Merit) by the Pres…
Ryanair Holidays launches to holidaymakers in UK and Germany
Ryanair has launched a package holiday service, offering its customers flights, accommodation and transfer packages, all on the Ryanair.com website and at the lowest prices.The low-cost carrier has pa…
Shangri-La Hotels signs loyalty scheme partnership with Taj Hotels
Two leading Asian hotel groups, Hong Kong-based Shangri-La Hotels & Resorts and Mumbai-based Taj Hotels Resorts & Palaces, announced today they have formed a ground-breaking strategic alliance…
Iberia overhauls 2017 summer flights
At the beginning of the summer season of 2017, the Iberia Group is adding new destinations, as well as more capacity on some long-haul routes, while changing the operational model on others.On March 2…
Spanish Tourism Industry Is Quite Vulnerable
The tourist season has already left its best months behind but it is still not showing signs of decline – at least for Spanish tourism industry. In October, according to official statistics, ove…