Discounts abound in this poor economy, and consumers are flocking to Priceline.com to buy travel.
Air Canada withdrew in great measure from the agency channel several years ago, but has taken steps during dire economic times to turn the page a bit.
Orient-Express Hotels Ltd., owners or part-owners and managers of 50 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, announced its results for the second quarter ended June 30, 2009.
Carnival Corp. & plc announced Aug. 13 that members of the Arison family and certain related entities, including trusts organized by members of the Arison family, plan to sell up to 8.5 million shares of Carnival Corp. common stock representing up to approximately 1 percent of the total combined voting rights.
Hyatt Hotels Corporation has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
Air France reported a significant drop in cargo business, a sharp decline in passenger unit revenues and a negative effect of fuel hedges on operating result for the first quarter. However it said that cost reduction had limited the impact of the decline in revenues and it had strong liquidity with 5.7 billion euros.




