TUI Travel PLC changes to Mainstream Sector structure
Following the promotion last year of Johan Lundgren to the position of Deputy Chief Executive of TUI Travel PLC with overall responsibility for its Mainstream Sector, a review of the Sector has been conducted. Having concluded the review, the Group is today announcing a... Seguir leyendo...
Travel agencies still account for a third of all U.S. travel sales
The past 15 years have brought dramatic changes to how travel is booked in the U.S. Consumer migration to online channels has driven a decline in the number of traditional travel agencies. But according to a new report from travel industry research authority PhoCusWright,... Seguir leyendo...
Number of Profitable Agencies Surpasses Pre-Recession Levels, ASTA Survey Finds
The number of agencies that made a profit in 2011 (55%) has surpassed 2007 levels, when 53 percent reported a profit, indicating continued–albeit slower than anticipated–economic growth, ASTA’s 2012 Agency Profile Study found. The study also found that... Seguir leyendo...
No unnecessary overregulation of the business travel sector, Gebta says
At a workshop meeting organised by GEBTA in Brussels on 29 February 2012, business travel management companies (TMCs) explained to the Commission and Members of the European Parliament why there is no need to include business travel in the European legislation regulating... Seguir leyendo...
Tui Travel: “Facebook and Apple will enter in travel business as Google”
General Director of Tui Travel Accomodation & Resorts Joan Vilà said this friday during his intervetion in Foro Preferente that “Facebook and Apple will enter into travel business as Google has did recently”. In his view, this move means a good new for travel agencies. This... Seguir leyendo...
PhoCusWright projects double-digit growth for European online travel market through 2012
The European online travel market is expected to grow 13% in 2011, as the overall travel market continues a moderate recovery, according to a travel industry research made by PhoCusWright. Following a 2010 rebound, the total European travel market is projected to grow 3%... Seguir leyendo...
Thomas Cook will get the loan from its creditors
Thomas Cook has achieved a compromise from the group of 17 creditor banks. The agreement is to be signed this friday evening in London, as reliable sources told Preferente. To seal the commitment, the financial entities have asked Europe’s second major tour-operator... Seguir leyendo...
Thomas Cook: Spanish hoteliers concerned
Thomas Cook’s shares have slumped this Tuesday after it announced it was in fresh talks with its banks. Spanish hoteliers are concerned about the situation, according to several sources questioned by Preferente. Spanish hoteliers are afraid that they won’t be... Seguir leyendo...
Viajes Iberia to be rebranded as Vibo
Viajes Iberia, the oldest Spanish travel agency retail network, is going to be rebranded as Vibo, in an attempt to differ it from Spanish biggest airline Iberia, Preferente has known from several sources. Viajes Iberia is the retail branch of Orizonia Group, property... Seguir leyendo...
OdigeO will be the name of the holding of eDreams, Opodo, Go Voyage and Travellink
Por R. H.
The merger between Go Voyages, eDreams, Opodo and Travellink has given birth to the first group of online travel in Europe and fifth in the world. The group resulting from the merger will be called OdigeO, although the name does not reach the final customer, given the brand... Seguir leyendo...
