Vueling obtained a net profit of 45.99 million euros in financial year 2010. This amounts to a 66 percent increase on the results of the previous year (+27.78 million euros). The net margin stood at 5.7 percent, an increase of 1.1 points over that of 2009 (4.6 percent).

Chile announced Wednesday that cruise vessels operating in Chilean waters will benefit from significant rebates in port access and docking operations with the implementation of recent modifications to the ruling on rates and charges from the Maritime Transport and Merchant Navy Department.

Priceline reported a 35 percent increase in fourth-quarter revenues over last year, and net income of $175 million, a 72.2 percent increase compared to the prior year. The group's gross profit for the fourth quarter was $478.4 million, a 52.8 percent increase from the prior year. International operations contributed gross profit in the fourth quarter of $374 million, a 68.4 percent increase versus a year ago.

In a new white paper, the American Antitrust Institute (AAI) examined the complex issues for travel distribution involved with the proposed Google/ITA merger which could lead to an “unregulatable monopoly.”

Sol Meliá and Jin Jiang International Hotel Company, the leading Chinese hotel chain and second-largest travel agency group in China, signed a strategic agreement to cooperate in marketing, sales, operations and development which will allow both chains to grow in the markets.

Intrepid Travel and TUI Travel PLC have agreed to enter into a strategic venture that they say will create an independently managed global leader in adventure travel. The proposal will combine Intrepid Travel with TUI Travel’s international portfolio of adventure brands to create PEAK Adventure Group.