On Friday, Zacks Equity Research released their latest airline industry analysis, which included news from JetBlue Airways Corp., Delta, Southwest Airlines Co., and American Airlines Group Inc.
World Travel Awards Winners Celebrated
The World Travel Awards European gala was held last night at Divani Apollon Palace & Thalasso in Athens. Winners leading airline Lufthansa, and Portugal’s tourism board took home honors.
Far East Hospitality Acquires First Stake in Europe Hotels
The hospitality arm of Far East Orchard Limited, Far East Hospitality has announced having acquired 50% interests in a portfolio of property companies that own 4 Europe hotels.
Expo Milano 2015 Unveils Project “Belvedere in Città” with Telecom Italia
Beginning in September, the progress of work on the Universal Exposition will be available on web pages and social channels of Expo 2015 and Telecom Italia, via videos projected, filmed by drones over the area hosting the Event.
Win a Luxe Spa Trip to New York City
Favin, Groupon’s Beauty Maven is hosting a sweepstakes giving you the chance to win a trip for two to New York City, complete with airfare, hotel accommodations, meals and a day of treatments at Asanda AVEDA Spa Lounge.
Domes of Elounda Unveils 20 Fabulous Crete Villas
In news from one of Greece’s most popular luxury beach resorts, Domes of Elounda has unveiled 20 newly constructed luxury villas and more.
Ryanair Wins Injunction vs eDreams
An injunction sought by low cost airline champion Ryanair has been granted against travel website eDreams. The online travel agency based in Barcelona, will be stopped from advertising that it offers the ‘guaranteed best price on all flights’ on its German website eDreams.de.
IAG Turns Tidy Profit Q2 of 2014
IAG, the parent company of British Airways, reports a 6th months operating profit from subsidiaries Iberia and Vueling of in excess of €230 million, compared with a loss of €33 million in the same period last year.
California Startup Vakast Gets $1.3 Million Seed Funding
California-based vacation rental startup Vakast announced today it has closed a $1.3 million seed funding round.
Top 10 Most Expensive August Destinations in the USA
CheapHotels.org revealed the most expensive USA and Canada destinations for August 1–31, 2014.
GetYourGuide Secures $25 Million Series B Funding Round
GetYourGuide, an online platform for tours and activities, announced the closing of its $25 million Series B round of funding from Spark Capital and Highland Capital Partners Europe.
Hyatt Place Opens Second Hotel in Mexico
Hyatt Hotels Corporation (NYSE: H) opened a new hotel in Baja California Sur, Mexico: Hyatt Place La Paz. The hotel offers 151 luxurious rooms with scenic views of the marina or the Sea of Cortez.
Smartphones Trump Tablets in Mobile Booking This Summer
Nucleus, a London-based brand consultancy with focus on travel and hospitality, released a series of mobile web browsing metrics on Tuesday. According to a survey, mobile traffic grew to 43% of all travel website traffic in June 2014. The survey revealed that Apple continues to retain a leading position, with 77.9% OS share and 87.8% […]
Expedia Acquires Auto Escape Group
Expedia has just announced completing its acquisition of Auto Escape Group, a leading European car rental entity online. The acquisition from private equity fund Montefiore Investment, tell of Auto Escape Group management migrating to the booking giant’s team as well.
Win a Free Trip to the Havana Marathon with Insight Cuba
The grand prize includes the flight package, superior accommodations at the Melia Cohiba hotel in Havana and many other gratuities.
Aloft Hotels to Open a Second Hotel in Silicon Valley
Aloft Hotels, a brand of Starwood Hotels & Resorts Worldwide, Inc., will open a new hotel in Silicon Valley in December 2014. The hotel, named Aloft Sunnyvale, will have 85 loft-style rooms, furnished to satisfy business class demands, and contemporary technology that will integrate the hotel in the industrial trend that made Silicon Valley famous […]
Virgin America Files a Registration Statement as it Prepares for IPO
After reducing its long-term debt last year by 13% last year, Virgin America continues with other strategical moves to keep its air-fleet flying. The company filed yesterday registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The official announcement however fails to specify a date, price […]
CPI Hotels Acquires Mamaison Hotels & Residences
Czech hospitality group CPI Hotels continues their growth by expanded further into the European market yesterday. The group’s acquisition of luxury hotel group Mamaison Hotels and Residences is a significant move. Mamaison, which has hotels in the Czech Republic, Slovakia, Poland, Hungary and Russia, is one of the most popular hotel brands in several major cities.
Opera Festival Finland 2014
Olavinlinna castle (Olavinlinna) in the city of Savonlinna in the east of Finland, will be transformed into a theater stage this month. Performers from around the world will appear at the Opera Festival this year until August 2nd.
Lamda Development Unveils Hellinikon Details
The company that purchased the old Athens airport, Lamda Development, has now turned over their plans for the coastal area of Ellinikon. On Tuesday CEO Odysseas Athanasiou announced construction work of the €8 billion plus project is to begin in 2016.
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