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TUI, which is Europe’s biggest travel operator, and the only one on the FTSE 100, has reported that it is not worried about current downtrends in the market and bad weather. Stating that the company always deals with these sorts of problems well, representatives touted the fact that, apart from losses due to the volcanic [...]  Richard Carrick has 35 years of experience in the travel industry, most recently as CEO of Hoseasons, the U.K.’s leading holiday travel business. He left that position when Hoseasons was sold to Wyndham Worldwide in March of this year, and speaking at the 2010 Aito Conference in Brussels this past weekend, he had some advice [...] When Google announced in July that it was buying ITA Software for 700 million dollars, there were mixed reactions from the agencies that would be directly affected, and quite a bit of opposition to the sale. ITA specializes in providing information from many different airlines, including flight times and ticket prices, using a tool called QPX [...] Gill’s, the UK cruise giant goes viral this week with a ‘Guess the route of the mystery ship’ competition on Facebook. In a move to connect with a greater share of Facebook users, the popular cruise agent asks entrants to guess the order in which a selection of world ports are to be visited by [...] Thomas Cook and the Co-operative Group have announced a merger that should be finalized by December of this year. They will be combining their U.K. travel and foreign exchange units to create a chain of about 1,200 stores. The merger is expected to save about £35 million per year in cost reductions by combining headquarters and [...] British tourists are in limbo after having to pay two times for accommodation due to the folding of Barwell Travel in Ealing. The company stopped trading this week, and as it did not belong to the ABTA it has left travellers unprotected. The firm, which is based in Chessington, stated that any financial failure insurance that [...] Along with most other business concerns, the travel industry is feeling the crunch of economic hard times. TUI Travel, the largest travel operator in Europe, reported this week that the company’s annual profits will be “at the bottom end” of projected estimates, and the news was reflected in the drop in share prices of almost [...] Travel insurance is no longer the “Oh, I don’t really need that” option that it may have been in years gone by. With all the unpredictable events, both natural and man-made (volcanoes, floods, terrorism, bankrupt airlines etc.) that we have seen in recent years, comprehensive insurance is something no traveller should be without. However, a survey [...] |
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