AMR, parent company of American Airlines, announced a third-quarter profit despite a $1.1 billion increase in fuel expenses thanks to the sale of an investment subsidiary. The company recorded a $432 million gain from the sale of American Beacon Advisors.

Nevada casinos compiled $934.1 million in gambling revenue for the month of August, an 8.1 percent decrease from the previous August, according to statistics from the state’s Gaming Control Board.

The unveiling of the final “neighborhood” aboard Oasis of the Seas, the world’s largest cruise ship launching in November 2009, is the center of a major joint promotion by American Express Travel and Royal Caribbean International.

Cruise bookings have slowed materially over the last 10 days, and unless economic conditions change, cruise pricing will deteriorate going into 2009, according to a report by Wachovia Bank equity analysts.

Vincent Vanderpool-Wallace, minister of tourism for the Bahamas, is taking a multi-layered approach to the destination’s new tourism strategy. His plans, unveiled in Nassau on Oct. 8, were outlined against a backdrop of concerns about the impact of the global financial crisis on Bahamas tourism.

Travel management firm Carlson Wagonlit Travel has purchased Viajes Lepanto, a Spanish travel agency that manages business travel and meetings. Carlson Wagonlit said it now has nearly 170 locations in Spain.