How Exclusive Collection’s Danny Pecorelli built the top luxury corporate hotel group in the land Life&Style As managing director of Exclusive Collection, Danny Pecorelli oversees one of the country’s most distinctive luxury hotel groups, with a portfolio that spans country house hotels, a gastro pub, destination spas, Michelin-starred dining, golf, cookery schools and some of the most sought-after corporate meeting spaces in the UK. Born into the business his father founded [...]
Swissport creates 900 UK jobs as profit almost quadruples Transport and infrastructure Swissport created 900 UK jobs as its profit almost quadrupled during its latest financial year, it has been revealed. The Cheshire-headquartered UK arm of the aviation services giant has posted a pre-tax profit of £39.8m for 2024, up from the £10.5m it achieved in the prior 12 months. That previous figure was the first time [...]
This is why business travel will never be the same again – IWG boss Business Current signs indicate business travel is unlikely recover to pre-pandemic levels, the boss of IWG, one of the world’s largest office providers, has said. “Technology will never replace the value of in-person interactions where they are strategically important,” chief executive Mark Dixon told City AM. However, he warned “all signs suggest it is unlikely to return to [...]
Skyscanner: Profit jumps to almost £100m at travel search engine October 14, 2024 Profit at travel search engine Skyscanner has rocketed to almost £100m thanks to the final Covid-19 restrictions coming to an end. The Edinburgh-headquartered business has reported a pre-tax profit of £95.2m for 2023, up from the £31.5m it achieved in 2022. Newly-filed accounts with Companies House also show its revenue rose from £283.8m to £349.4m [...]
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 [...]