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TUI Travel and Anite have signed a multi-year contract so the @comRes reservation platform can be implemented in both the UK and Ireland business. This the company says in just another move to seamless integrated reservations platforms in place of legacy systems. TUI Travel’s accounting mistakes were due to the lack of an integrated holiday reservations [...]  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 [...] 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 [...] The global financial crisis hurt the travel industry enough in 2010, but the volcanic ash cloud that caused most European airlines to close for five days during April was symbolically simply an additional catalyst for disaster. This week, TUI Travel and Easyjet announced their costs from the volcano’s eruption with losses of £78.7 from Easyjet, which [...] |
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