Belfast Harbour to welcome world’s largest cruise ships with £313m project Transport and infrastructure Belfast Harbour has unveiled a £313m, five-year plan to help it welcome some of the world’s largest cruise ships. The strategy, which is entitled Advance Regional Prosperity 2025-2029, has also been designed to position the hub as a key player in the development of offshore wind energy port capacity in the UK and Ireland. A total of [...]
Bumper Christmas helps Heathrow Airport to record breaking year Business December saw more than 7m travellers pass through Heathrow's terminals, which was 5.6 per cent higher than 2023.
On the Beach brings back dividend after package holiday boost Business On the Beach chief Shaun Morton said the performance was "driven by a combination of initiatives," including the firm's tie-up with Ryanair.
Jet2 hikes dividend on record profit as holiday prices rise again November 21, 2024 Average package holiday prices grew six per cent to £904, with inflation leading to higher costs for consumers, Jet2 said.
Center Parcs reveals plans open new £400m UK holiday village November 5, 2024 Center Parcs has revealed plans to open its first holiday village in Scotland in an investment worth up to £400m which would create around 1,200 jobs. The group has earmarked a site in the Scottish Borders, approximately three miles north of Hawick and 55 miles south of Edinburgh. Center Parcs said the plans are at [...]
Butlin’s: Price changes fail to stop holiday resort chain entering the red October 14, 2024 Holiday resort chain Butlin’s entered the red in the year after it was sold for £300m despite changing its pricing strategy, it has been revealed. The company has posted a pre-tax loss of £24.4m for 2023, according to newly-filed accounts with Companies House. The loss comes after the business, which runs sites in Bognor Regis, [...]
Booking.com: Wages and bonuses surge as UK sales jump October 4, 2024 Wages and bonuses surged at the UK arm of Booking.com as its turnover jumped by £50m during its latest financial year. The division’s wage bill jumped from £20.7m to £32.2m in 2023 because of a surge in salaries and bonuses handed out to top staff. The increase comes as its headcount grew to almost 300 [...]
Parkdean Resorts suffers £100m slump as post-pandemic holiday competition heats up October 1, 2024 The return of short-haul travel following the Covid-19 pandemic contributed to holiday park operator Parkdean Resorts’ pre-tax loss widening by almost £100m during its latest financial year. The business, which is headquartered near Newcastle upon Tyne, has reported a loss of £135.2m for 2023, having previously posted a loss of £36.4m in 2022. The last [...]
On the Beach hails record booking haul after summer travel boom September 25, 2024 On the Beach told markets the performance had been "underpinned" by 13 per cent volume growth over the peak summer trading period.
Viking River Cruises: Record UK profit as sales recover to pre-Covid level September 20, 2024 The UK arm of Viking River Cruises has achieved its highest revenue figure since the Covid-19 pandemic while its profit hit a new record. The London-headquartered division has reported a revenue of £119.9m for 2023, up from the £94m it achieved in 2022, according to newly-filed accounts with Companies House. The last time Viking River [...]