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travel companies

Outdoorsy Announces $2B Milestone at Goldman Sachs Summit

2022-10-17 by Argophilia Travel News

Outdoorsy

Outdoorsy, the leading experiential outdoor travel company, announced today that it has exceeded $2 billion in total transactions.

Tags: alt-tourism, David Solomon, digital insurance, Goldman Sachs Summit, outdoors, Outdoorsy, Roamly, tech, travel companies, travel tech

Why Isn’t TUI Already Sunken To the Bottom of the Deadpool?

2021-01-09 by Phil Butler

TUI logo

TUI stocks have now bottomed out as the Anglo-German travel firm staggers under the weight of a pandemic. So why is the group still afloat?

Tags: tourism, travel, travel companies, travel markets, TUI, TUI Group, TUI Group sales, TUI stocks, Wall Street

Yikes! Thomas Cook Flops: But I Told You So Weeks Ago!

2019-09-24 by Phil Butler

Thomas Cook Airlines

Two months ago I wrote a report about Thomas Cook’s impending failure. Experts argued. Too bad, people who did not listen lost a lot.

Tags: bankruptcy filing, Greece tourism, thomas cook, Thomas Cook shares, tourism, Travel Agent, travel companies, TUI, TUI stock

Are Thomas Cook and TUI Putting the Squeeze on Greek Hoteliers?

2019-05-27 by Phil Butler

British tour operator Thomas Cook has asked Greek hoteliers to renegotiate their package deals downward even more for summer 2019

Tags: all-inclusive holidays, Greek hoteliers, Greek tours, thomas cook, Thomas Cook vacations, travel agencies, travel agents, travel companies, TUI, TUI Travel

Hotelbeds Confirms European Wholesale Sales Team

2018-11-07 by Aleksandr Shatskih

Joaquin Garcia and Luis Miguel Vazquez

Hotelbeds has announced another update on further senior management appointments for the company. According to the news, Joaquin Garcia is now Regional Director of Wholesale Sales for Northern and Centre Europe,  and Luis Miguel Vazquez is the Regional Director for the South and Eastern Europe. Both will report directly to Sam Turner, the Wholesale Sales and Sourcing Director with […]

Tags: Hotelbeds, OTA's, tech, travel companies, travel startups, travel tech, travel technology, Travel Technology Europe

Tui – All Set to Merge

2014-09-16 by Aleksandr Shatskih

Tui Travel banner

News yesterday from Fritz Joussen, CEO of the travel company Tui, reveals the Hannover, Germany company and its British subsidiary TUI Travel PLC moving forward to a proposed merger to form the world’s biggest tourism entity. With some 74 000 Employees and a market capitalization of over €6,5 Billion Euros, TUI will dwarf the competition.

Tags: mergers, travel companies, TUI, TUI Travel

Travelport Adds e-Travel Technologies

2014-09-06 by Aleksandr Shatskih

Travelport logo

Travelport and e-Travel Technologies have just penned an agreement to bolster the former’s travel risk management services with duty of care solutions for the corporate travel market. e-Travel’s portfolio include; travel alerts, travel advisories, and travel tracker databases. These will now be made available globally to Travelport-connected travel agents.

Tags: e-Travel Technologies, Scott Hyden, travel companies, travel liability, travel tech, Travelport

Expedia Acquires Auto Escape Group

2014-07-30 by Aleksandr Shatskih

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.

Tags: car rentals, deals, Expedia, Priceline, travel companies

Vacation Home Rentals Now Part of TripAdvisor

2014-05-03 by Aleksandr Shatskih

TripAdvisor

Vacation Home Rentals has been acquired by TripAdvisor. The Massachusetts vacation rental service’s more than 14,000 properties worldwide become part of the current expansion by the world’s most prolific online travel review site.

Tags: acquisitions, rentals, travel companies, travel tech, TripAdvisor Vacation Rentals, vacations

CWT Announces Record Traveler Satisfaction

2014-05-03 by Aleksandr Shatskih

CWT logo

Last week, Carlson Wagonlit Travel (CWT) announced record traveler satisfaction scores for 2013. According to Carlson, customer feedback from via CWT Listens, reflect unparalleled CWT performance.

Tags: Carlson Wagonlit, CWT, tour companies, tourism companies, tours, travel companies, travel numbers

Club Med: Asia Moves May Prove Prudent

2013-05-28 by Phil Butler

Club Med campaign

News yesterday detailed an apparent buyout bid by French insurance company AXA, and the Chinese conglomerate Fosun International to control resort chain Club Med. According to reports the major shareholders offered something on the order of $719 million have been confirmed and supported by the Club Med management team.

Tags: Asia travel, Club Med, Fosun International, Henri Giscard d'Estaing, luxury travel, online bookings, resorts, travel companies, vacation resorts

Acromas Holidays Shuts Doors of Tailor Made Travel

2013-05-14 by Aleksandr Shatskih

Tailor Made Travel

Tailor Made Travel, a division of Acromas Holidays, has officially closed up shop and will take no more bookings.

Tags: AA Getaways, Acromas Holidays, online travel, tourism portal, travel bookings, travel companies

TUI Profits Down – But Europe’s Biggest Tour Company’s Spirit is UP

2013-05-10 by Aleksandr Shatskih

Tui Travel banner

Europe’s leading tour operation, TUI Travel, has just announced their first half of 2013 sales figures. According to TUI losses of some £346 million were actually less than some expected. The company pointed to strong markets in the UK and in Scandinavian countries as having relieved a unprofitable Winter.

Tags: online travel, Peter Long, profit and loss, tour guides, travel companies, travel profits, TUI, TUI profits

Amazing Greece and Travelers There Too

2013-03-28 by Phil Butler

Temple of Poseidon - Courtesy © Nikolai Sorokin - Fotolia.com

The other day I decided to use a favorite PR and publishing tool of ours, Help A Reporter Out (HARO) to gets some faves in Greece for our readers. As it turns out, even despite Greece’s economic woes, the love tourists feel for that place is stronger than ever. How can I know without a PhoCusWright study? The fastest and most enthusiastic HARO responses ever, that’s how.

Tags: Crete tours, Greece, Greece photography, Greece tours, Greece Weddings, Greek hiking, Greek tours, HARO, Kayak Greece, travel companies, travel writers, walking Greece, Yachting Greece

Thomas Cook Sells Off North America Operations for Peanuts

2013-03-26 by Aleksandr Shatskih

Redtag site

Thomas Cook Group PLC has announced selling their North American operations to Canada firm Red Label Vacations Inc. According to the news, the deal was worth only $5.2 million from the firm that operates travel website www.redtag.ca.

Tags: company news, economics, investment news, thomas cook, travel companies, travel investments, travel stocks

Best Travel Reflections: March 2013

2013-03-11 by Aleksandr Shatskih

Tui Travel PLC

You, me, our friends and family, all of us are part of the same life drama, that is if you think about it. One thing we all witness, but not simultaneously, is the marketing and commercial display of the people and places that make up our world. Today, Argo Travel presents the best such commercial representation we’ve seen released this month – the latest video via Tui Travel’s YouTube Channel.

Tags: adventure travel, destination travel, leisure travel, travel, travel ads, Travel commercial, travel companies

Thomas Cook Cutting More High Street Employees

2013-03-06 by Phil Butler

Thomas Cook

Horrible news for high street and travel, Thomas Cook will cut some 2,500 UK jobs and close nearly 200 agencies according to news from Reuters, the world’s oldest travel firm. The Euro and other economic crises in key markets for Cook are to blame for what might end a fatal blow to the 172 year old company.

Tags: Europe travel, high street, thomas cook, travel agents, travel companies, travel johs, UK jobs, UK travel

TUI Travel’s Peter Long Talks Profit, Sunshine, and 2013

2013-02-01 by Phil Butler

Sunshine and smiles

TUI Travel PLC’s CEO talks about what’s to come in 2013, as well as profitably for 2012. There’s a lot to be said for TUI, sunshine, and smiles – out of the gloomy forecast, some TUI brightness appears to shine.

Tags: beach travel, Europe travel, online travel, travel agents, travel companies, travel conditions, TUI, TUI profits, weather travel

TUI Travel PLC Announces Revenue Meeting

2013-01-17 by Aleksandr Shatskih

Tui Travel PLC

A brief announcement from TUI Travel, TUI Travel is slated to issue their financial results for the period ending 31 December via conference call on Thursday, 7 February 2013.

Tags: tourism revenue, travel companies, travel investing, travel revenue, travel stocks, TUI, TUI profits

Travel Tech Leftovers: rome2rio & More

2012-11-02 by Phil Butler

Trier to Istanbul

In leftover tech news for travel, several bits of merit come into view today. From Carlson Wagonlit’s $20 million acquisition of WorldMate to Stayz buying YesBookit, the digital space is lively this week.

Tags: Carlson Wagonlit, online travel, rome2rio, Stayz, tech moves, travel companies, travel tech, Virgin

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