Profit more than doubles at Flight Centre thanks to pick-up in business travel August 28, 2024 A surge in the number of corporate flights taking off helped Flight Centre Travel Group’s pre-tax profit more than double during its latest financial year. The Australian-headquartered group delivered a AU$320m (£164.42m) in underlying profit before tax for 2024, a 131 per cent year-on-year increase and at the mid-point of Flight Centre’s guidance range. The [...]
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
Easyhotel: Bookings surge fails to stop budget chain sinking further into the red June 18, 2024 Budget chain Easyhotel has reported its biggest loss since 2020 as a rise in bookings failed to offset more than £16m in loan charges.
Safestay: More business travellers choosing hostels fails to boost chain’s profit June 7, 2024 Losses have continued to mount for hostel chain Safestay, despite the company saying it had seen an increased number of business travellers checking in to its properties.
Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers April 19, 2024 Virgin Atlantic Holidays returned to making a profit for the first time since 2018.
Williamsburg, once a Mecca for hipsters, is now a luxury hub April 2, 2024 Williamsburg is the hipster capital of the world, the Brooklyn neighbourhood where a thousand moustaches were born. Yet the New York City district has largely thrown off its bohemian past to become a hub for gourmet restaurants and chic hotels. Williamsburg’s economy collapsed in the 1970s with the deindustrialisation of New York. The area’s [...]
More than 300 businesses to be created as Travel Counsellors launches its largest-ever recruitment drive January 22, 2024 Hundreds of entrepreneurs across the UK are being supported to launch their own companies as part of a travel group's largest-ever recruitment drive.
Extreme heat isn’t stopping Brits going on holiday yet – but it might do by 2028 July 21, 2023 Deadly heatwaves across Europe, the US and China are not causing Brits to cancel their holidays just yet, but travel insurance firms are preparing for that trend in the future. The UK foreign office issued new travel warnings on Tuesday about the “extreme temperatures” especially in Spain, Italy and Greece – known as the Cerberus. [...]
Andaz Mayakoba is a near-perfect beach resort on the Mexican coast July 3, 2023 Playa del Carmen lies halfway between Cancun and Tulum, both geographically and spiritually. It’s not quite the tourist hellscape of the former, a haven for spring breakers and the kind of traveller who wears sports socks with sandals, but neither does it have the bohemian charm of the latter, which has positioned itself as the [...]
Legends Tour offering amateur golfers chance to live the life of a jet-setting pro June 6, 2023 If you have ever day-dreamed at your desk of living the life of a professional golfer, then the Legends Tour has just the package for you. Travel to the Jersey Legends tournament by private jet, rub shoulders in the locker room with greats such as Ian Woosnam, and tee it up against them in a [...]