Marriott International, Inc. reported third-quarter 2009 adjusted income from continuing operations attributable to Marriott of $53 million, a 57 percent decline over the year-ago quarter, and adjusted diluted earnings per share from continuing operations attributable to Marriott shareholders of $0.15, down 55 percent.
Thomas Cook is in advanced talks to acquire businesses in China and Russia as it expands into emerging markets.
AirTran Holdings, Inc., said that AirTran Airways, its principal credit facility lender, and its largest credit card processor, respectively, have entered into agreements extending and modifying both AirTran’s credit facility and its credit card processing agreement, resulting in enhanced liquidity and improved financial flexibility for AirTran.
Latin American airlines Avianca and TACA said on Wednesday they will merge and AeroMexico said it is looking at deals with rivals as carriers around the world struggle with a deep downturn.
Travel Pulse has learned that American Express has agreed to sell 12 travel services offices to Altour, though the offices will remain part of the American Express Retail Network through Altour’s relationship with American Express.
Royal Caribbean Cruises Ltd.’s share price has surged 200 percent over the last few months, after hitting its lowest point in more than a decade.




