Choice Hotels’ acquisition of Wyndham is deemed invalid | Abandon the attempt!

The attempted takeover of Wyndham Hotels & Resorts by Choice Hotels has come to an inglorious end, with the latter announcing that it is abandoning its “hostile takeover bid” for Wyndham, worth $8 billion, which was made public five months ago. Even before Choice publicly announced its intentions, Wyndham had already rejected four of its […]

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TUI considers young people’s trust in travel agents a “trend”

Young Germans are booking their trips mainly online, but increasingly they also value the advice of travel agents, according to a surprising finding from a new TUI survey that also covered current demand trends. One in three (34%) in the 25-34 age group would like to book travel more often with travel agencies, including for […]

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HVS Valuation Index reveals that European hotel values have moderate upside in 2023

According to the annual European Hotel Valuation Index (HVI) HVS 2024 published this week, business values have experienced a modest rise without reaching pre-pandemic levels. The post-pandemic rise has been driven by a prolonged need to travel. These influences combined to offset the impact of a number of geopolitical challenges including the war in Ukraine, […]

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Ryanair doubles SAF deal with Austrian supplier

–Ryanair increases the use of sustainable aviation fuels in Europe. It doubles its supply agreement with Austrian OMV. Six months ago Ryanair concluded an agreement to supply 500 tonnes of sustainable aviation fuel. It has just announced that it will receive another 500 tonnes of SAF from OMV in 2024. The deal will save an […]

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Amadeus acquires travel payments expert Voxel

-This acquisition will enhance the payments experience between a range of different players across the travel ecosystem -With this deal Amadeus continues to expand into areas that are complementary for its existing customers Amadeus announces the acquisition of Voxel, a leading provider of electronic invoice and B2B payment solutions for travel sellers, hotels, and other […]

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International sports sponsorships keep TUI ahead of the game and enhance its strength

A global approach to further strengthen the brand and make it timeless is to focus on sports that are directly linked to the tourist destination. TUI is exclusive distribution partner for the Balearic race for 2024 regarding the Palma Marathon Mallorca. TUI’s commitment to the Balearic Islands, with over two million TUI customers expected to […]

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The new flights of Jet2 will be operated with sustainable fuel

Jet2 will add 1% of sustainable aviation fuel (SAF) to some flights leaving from Bristol Airport this year. The airline has bought more than 300 tonnes of SAF, which has 70% fewer emissions than conventional aviation fuel. Jet2 said using a SAF blend this year means it can prepare its operation ahead of the UK […]

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Hotelbeds and H World International sign their alliance

Hotelbeds, part of HBX Group, consolidates its strategic partnership with H World International, marking an expansion of its preferred portfolio. This agreement offers clients enhanced access to premium lodging options across 21 countries.  Hotelbeds will leverage its global network of more than 71,000 travel distributors across 190 source markets to seamlessly integrate H World International’s […]

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International passenger traffic shows strong growth since January 2024| At +12.4% in Greece

The different passenger yields are related to conditions that affect them either positively or negatively, although domestic demand retreating and smaller regional airports underperforming. European airport trade body ACI EUROPE released its air traffic report for January 2024. Passenger traffic across the European airport network increased by +7% in January compared to the same month […]

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