EasyJet founder Sir Stelios Haji-Ioannou has threatened legal action in his dispute with the budget airline over its dividend policy. Sir Stelios, who holds a 34% stake in the carrier with is family, wants the ratio of profits paid out as dividends increased from 40% to 50%. This would deliver to him an extra £18.6 […]
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Fritz Joussen has become the sole chief executive of Tui AG after Peter Long was elected as a new supervisory board member. The decision was confirmed at the company’s annual general meeting in Hanover earlier today. Until December 2014, Long was chief executive of Tui Travel Plc, Tui’s tourism subsidiary created through the merger between […]
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Tui Group today confirmed a “significant shift” in demand away from Turkey, with summer bookings down by 40%. The Thomson and First Choice parent company said it had acted swiftly to “remix” capacity to alternative destinations. “Due to ongoing geopolitical uncertainty in the region, summer bookings to Turkey from all source markets are around 40% […]
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Greece is perceived to be a safe, value for money destination for holidaymakers this year, latest research shows. Up to 45% of respondents admitted that the refugee situation was an issue for them as far as Greece is concerned. But the negative impact appears relatively greater for France and only marginally lower for Croatia. More than a […]
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Among Spanish, English, and French speakers, Spanish speakers are by far the most motivated in terms of getting more holidays in 2016. Indeed, 65% of Spanish speakers would like more holidays whereas only 52% of English speakers and 39% of French speakers have voiced the same desire, according to the results of a recent survey. […]
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Brazil’s Chief of Staff, Jaques Wagner, said that there is no way that the Rio Olympic Games to be held this August will be cancelled due to the outbreak of the Zika virus. The virus is spreading rapidly throughout the South American country. “We have to explain to those who are coming to Brazil, the […]
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The travel sector is constantly transforming to provide the holidaymakers unique experience full of authenticity, sense of urbanity, and immersion. What are the future trends in tourism? What will the travelers want in future? Paul Arseneault, a tourism professor at the University of Quebec and Montreal, named 7 tourism trends we are to witness in 2020. Brought […]
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Cruise operators are starting to avoid Turkey while tour operators are trying to boost bookings for the destination in the aftermath of the Istanbul terror attack. Several cruise firms have announced they will stop calls at Istanbul and other Turkish ports in reaction to the suicide bombing that killed 10 German tourists on January 12. […]
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It may seem that visiting a spa is an indulgence and not something that is compatible with business meetings. However, more and more U.S. corporates and organizations are booking spas as a part of their team building and wellness education sessions. Whereas some companies send their employees to hotel spas for meditation classes or to […]
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The African Development Bank (BAD) has published its annual report ‘Africa Tourism Monitor’, in which it demonstrates the leading position that Morocco has earned in the African tourism market.Since 2014, Morocco has received more tourists than Egypt and South Africa, according to the report which was realized jointly with the Africa House of the New […]
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