IAG reports first quarter profits of €68 million – Business Traveller
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IAG reports first quarter profits of €68 million – Business Traveller

International Airlines Group (IAG) has published its results for the first quarter of 2024, showing an operating profit before exceptional items of €68 million – an increase of €59 million on the €9 million recorded in Q1 2019. Of the group’s individual carriers, Iberia made an operating profit of €70 million, while British Airways reported…

Ascott reports record growth in 2023 for its global loyalty programme – Business Traveller
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Ascott reports record growth in 2023 for its global loyalty programme – Business Traveller

The Ascott Limited recently celebrated the fifth anniversary of its global loyalty platform, Ascott Star Rewards (ASR), with record results from FY 2023. Having grown exponentially since its launch in April 2019, Ascott achieved its highest ever room revenue from ASR members last year at over US$251 million, surpassing that of FY 2022 by almost…

WTTC and Microsoft reports highlight the role of AI in travel and tourism
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WTTC and Microsoft reports highlight the role of AI in travel and tourism

New reports from the World Travel & Tourism Council (WTTC) and Microsoft highlights the transformative power of Artificial Intelligence (AI) and its role in shaping the future of Travel and Tourism. The final two reports of a series on Artificial Intelligence from WTTC entitled “Responsible Artificial Intelligence (AI): Overview of AI Risks, Safety & Governance”…

London City Airport reports 50 per cent reduction in security queue times – Business Traveller
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London City Airport reports 50 per cent reduction in security queue times – Business Traveller

London City Airport says queue times at security have been cut by half since the installation of new CT scanners one year ago. London City became the first major airport in the UK to fully deploy next generation CT security scanners in April 2023, allowing passengers to pass through security without removing laptops and liquids…

WTTC reports surge in US domestic tourism
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WTTC reports surge in US domestic tourism

A report from the World Travel & Tourism Council (WTTC ) has shown that US tourism has achieved a record US$2.36 trillion despite international spending falling short. The WTTC report indicates a 7% increase in the US travel industry’s gross domestic product (GDP) contribution in 2023, reaching a new high of $2.36 trillion – marking…

Sunshine Hotels Reports A 50-65% Increase In RevPAR With STAAH Featured
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Sunshine Hotels Reports A 50-65% Increase In RevPAR With STAAH Featured

In a complex hotel distribution world, STAAH made things simple. The results are evident in boosted revenue and staff efficiency. Five decades of service Sunshine Hotels and Resorts is a Pattaya-based hospitality group with more than 50 years of experience in hotel management. Their properties are located in prime locations around Pattaya [Thailand], a tourist…

Two Million Brits to Embark on Easter Getaways, ABTA Reports Unprecedented Global travel Demand for Overseas Holidays
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Two Million Brits to Embark on Easter Getaways, ABTA Reports Unprecedented Global travel Demand for Overseas Holidays

The Travel Association predicts nearly two million British vacationers will venture abroad during the Easter Bank Holiday weekend from 29 March to 1 April, with the peak travel days being Good Friday and Easter Sunday. ABTA members have noted a surge in demand for trips abroad, with the Canary Islands, mainland Spain, Portugal, Cyprus, and…

Accor reports record-breaking financial performance in the last year – Business Traveller
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Accor reports record-breaking financial performance in the last year – Business Traveller

Accor has released reports of its financial performance in 2023, and it has revealed a record-breaking EBITDA of more than €1 billion for the first time in its history, marking a 49% increase from the year before. The world-leading French hospitality company’s revenue-per-available-room grew by 23% more than in the previous year, while their overall…

IDEAS Kuala Lumpur Reports 300% Increase In Direct Bookings With STAAH Featured
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IDEAS Kuala Lumpur Reports 300% Increase In Direct Bookings With STAAH Featured

The vibrant city hotel’s revenue strategy, driven by STAAH’s OTA connections, resulted in a remarkable 300% year-on-year increase in direct bookings since the transition. Nestled in the heart of Malaysia’s vibrant capital city, IDEAS is a haven for both discerning travellers and creative minds alike. Its unique blend of comfort accommodation and a stimulating atmosphere…

NRPA reports over 70% of U.S. adults have tried gardening
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NRPA reports over 70% of U.S. adults have tried gardening

NRPA reports over 70% of U.S. adults have tried gardening – Travel And Tour World Copyright © Travel And Tour World – All Rights Reserved We use cookies on our website of Travel And Tour World to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent…