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Greece Officials Showing Off in TUI Dog & Pony Show

2020-09-25 by Phil Butler

Dog and pony show

Greece seems to be caving in to pressure from German tour giant TUI to forge through a COVID 2nd wave and create off season bookings.

Tags: Greece lockdown, Greece tourism, Greece tourism ministry, Greek Prime Minister, Harry Theoharis, Kyriakos Mitsotakis, lockdown, Sebastian Ebel, Theoharis, travel stocks, TUI, TUI Group, TUI stocks

TUI Temporarily Quits Operations Over COVID-19 Pandemic

2020-03-16 by Phil Butler

TUI Family Life

TUI has temporarily suspended most of its travel operations due to the Covid-19 pandemic. Company spokespersons say the move is a “compliance” and “industry adjustment” move. The news comes as the whole industry is in a state of shock as to “next moves.” TUI is on a shortlist of companies investing gurus say may be […]

Tags: Bloomberg, COVID-19, COVID-19 cancellations, COVID-19 Italy, pandemic, tourism, travel agencies, travel agents, travel industry, travel stocks, TUI, TUI Group, TUI stocks, TUI Travel, Wall Street, world travel

Thomas Cook PLC Stocks Up on Sale And Shakeup News

2014-05-28 by Rhett Butler

Six months into a stent as managing director of Thomas Cook’s UK outfit, Reto Wilhelm returns to Switzerland. Set to resume control of the East-West region, Wilhelm supposedly left UK for personal reasons.

Tags: TC stocks, TCG.L, thomas cook, Thomas Cook shares, travel agencies, travel stocks

Thomas Cook Sells Off North America Operations for Peanuts

2013-03-26 by Liliana Steffens

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

TUI Travel PLC Announces Revenue Meeting

2013-01-17 by Liliana Steffens

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

Expedia Profits Slow: Shares Drop

2012-02-10 by Delia Gavrilescu

Expedia logo

The financials are in from Expedia. According to the reports, wile quarter 4 revenue was up by 6.7% at $787.1 million compared with the previous year, expenses took their toll virtually eliminating and growth for 2011.

Tags: Expedia, Forbes, hotel profits, hotels, online travel, OTA profits, stocks, travel companies, travel profits, travel stocks, TripAdvisor, Wall Street

Orbitz May Finally Be A Best Buy

2011-09-19 by Phil Butler

Orbitz logo

Orbitz announcements of deals and personnel changes, like most such corporate news fodder, would not ordinarly be a sign of anything big in the offing. However, with a closing price of $2.40 on Friday, and the inherent value underneath, it doesn’t take a rocket scientist to figure this stock is on the way up.

Tags: best stocks, opening prices, Orbitz, stock prices, stocks, travel, travel deals, travel sites, travel startups, travel stocks, Travelport

American Airlines Gut Punches Orbitz

2010-11-06 by Phil Butler

Jeff Clarke may be feeling pressured

Travelport and Orbitz sue American Airlines over intended breakup of ticket sale deal. American wants exclusivity and no competition, while online travel companies demand choice for their customers. In what appears to be a move in protest of Travelport’s Southwest deal, AA aims to leverage their position. Meanwhile, Orbitz stocks tumble when they can afford it least.

Tags: airline tickets, airlines, American Airlines, Expedia, online tickets, online travel, Orbitz, resellers, Sabre, Soutwest Airlines, ticket sales, travel stocks, Travelport

TUI Travel Value Tumbles

2010-10-21 by Phil Butler

TUI Travel Board of Directors

TUI Travel accepts CFO resignation amid almost scandalous restating of financials. CEO Peter Long and CFO Paul Bowtell talk, after which Bowtell announces his resignation. A restated financial report reveals a fairly vast accounting error – stocks decline on the news.

Tags: Bowtell, CEO, CFO, Europe travel, Financial, First Choice Holidays, Peter Long, stocks, Thomas Cook Group Plc, travel agency, travel agents, travel stocks, TUI Travel




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The Greek island of Karpathos has been included in National Geographic’s annual list of the world’s 25 most impressive destinations for 2023.  National Geographic refers to the island in the Dodecanese as an amazing and beautiful place, where women-owned businesses lead the way in sustainable tourism. Also included in the same category in the extensive […]

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