Southwest Casino Corporation announced today that it has entered into an agreement with a subsidiary of Palace Resorts to manage the casino at the Moon Palace Casino, Golf and Spa Resort in Punta Cana, Dominican Republic.

Dominican President Leonel Fernandez announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years. The same group have already invested heavily in the country but want to build a railway linking Santiago and Santo Domingo; likely to significantly boost the country’s development.

Dominican President Leonel Fernandez announced that businesspersons from the Balearic islands want to invest 3.7 billion Euros into the tourism industry in the next four years. The same group have already invested heavily in the country but want to build a railway linking Santiago and Santo Domingo; likely to significantly boost the country’s development.

The Kuoni Group is to acquire a 60 percent shareholding in Direkt Reisen AG, effective July 1. The remaining 40 percent of the company, which is domiciled near Zurich, Switzerland, will remain in the possession of the founding family and a further shareholder.

Thomas Cook posted an underlying pre-tax loss of £177.5 million in the six months to April 30, an improvement of 15 percent on the previous year’s winter figures. Revenues lifted 7.5 percent to 2.96 billion pounds and the group declared a 3.25 pence per share interim dividend against nil last year.

Carnival Corp. Chairman and CEO Micky Arison said his number-one brand, Carnival Cruise Lines, is decreasing direct sales efforts in order to concentrate on working with travel agents.