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How Conversion Rate Optimization (CRO) Made an Extra £14 Million a Year for a Travel Company

September 6, 2010 Financial No Comments

While most of the travel industry was in crisis, low-cost travel agency sunshine.co.uk managed to almost double their sales. … Continue Reading

Giant new force set to rise on Australian travel scene

September 3, 2010 Financial, Headline News 1 Comment

Australia is set to see the emergence of a major new travel entity as Jetset Travelworld Limited acquires Stella Travel Services Holdings Pty Ltd. … Continue Reading

LaSalle Hotel Properties Acquires Three Hotels

September 3, 2010 Financial No Comments

LaSalle Hotel Properties today announced that in three separate transactions it acquired the Hotel Monaco San Francisco for $68.5 million, the Westin Philadelphia for $145.0 million and the Embassy Suites Philadelphia – Center City for $79.0 million. … Continue Reading

Visa Data Shows 20 Percent Increase in Spending from Tourists Visiting US During First Half of 2010

September 3, 2010 Financial No Comments

A new report Tourism Outlook: USA from Visa Inc. indicates the tourism industry has begun to rebound during the first six months of 2010. From Jan. 1 – June 30, 2010, spending by international tourists to the U.S. on their Visa-branded payment cards was up 20 percent over 2009 levels. … Continue Reading

Travellers Choice Profit Soars Members Share In 95 Per Cent of Operating Profit

September 2, 2010 Financial No Comments

Improved trading conditions and strong support for an expanding range of strategic suppliers has helped national retail travel network Travellers Choice post an operating profit of $728,000 for the 2009/10 financial year. … Continue Reading

PricewaterhouseCoopers’ Lodging Industry Forecast

September 2, 2010 Financial No Comments

PricewaterhouseCoopers’ U.S. lodging forecast expects the lodging recovery that accelerated in the first half of 2010 to gain further traction during the remainder of 2010, as increasing demand begins to rebalance pricing power. … Continue Reading

Foreign Visa Card Spending Tops S$154 Million During Singapore 2010 Youth Olympic Games

September 2, 2010 Financial No Comments

Spending on foreign Visa-branded payment cards in Singapore jumped 38 percent1 to S$154 million (US$113.6 million) during the Singapore 2010 Youth Olympic Games, according to data from Visa. … Continue Reading

Sojern Secures $9 Million in Funding To Expand Business

September 2, 2010 Financial No Comments

Sojern, the first company to exclusively partner with the airline and travel industry, providing relevant content and advertising for diverse audience segments, … Continue Reading

Amadeus delivers strong growth in first half results

September 1, 2010 Financial No Comments

Amadeus IT Holding, S.A. (Amadeus: “AMS.MC”), parent company of the Amadeus Group, a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry, has announced year-on-year financial and operating results for its first half (six months ended 30 June 2010). … Continue Reading

STR reports US hotel performance for week ending 21 August 2010

August 31, 2010 Financial No Comments

The U.S. hotel industry reported increases in all three key performance measurements during the week of 15-21 August 2010, according to data from STR. … Continue Reading

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