financial

IHG Expands Co-Brand Credit Card Partnerships in the US with New Agreements

IHG Expands Co-Brand Credit Card Partnerships in the US with New Agreements

(IN SHORT) IHG Hotels & Resorts has signed new agreements with JPMorgan Chase and other financial partners to continue offering… Read More

3 months ago

Accor Launches €500 Million Hybrid Bond Issuance and Tender Offer to Optimize Debt Structure

(IN SHORT) Accor has announced its plan to issue new €500 million hybrid bonds, which are deeply subordinated and have… Read More

6 months ago

Minor Hotels Reports Strong Q1 Performance Amid Global Travel Rebound

Core revenue climbs 17% y-y to THB 29.6bn for the quarter Rate growth (ADR +11%) helps offset historical Q1 seasonality… Read More

9 months ago

KLM Group Reports Q1 Revenues of €2.7 Billion Despite €290 Million Operational Loss

(IN SHORT) Despite posting strong first-quarter revenues of €2.7 billion, the KLM Group faced an operational loss of €290 million.… Read More

10 months ago

SAS AB (PUBL) Annual General Meeting: Leadership Continuity and Financial Prudence

(IN SHORT) During the 2024 Annual General Meeting of SAS AB (PUBL) held on March 18, several resolutions were passed,… Read More

11 months ago

Accor Announces Share Repurchase Agreement with Jinjiang International

(IN SHORT) Accor has finalized a share purchase agreement to repurchase 7 million of its own shares from Jinjiang International,… Read More

11 months ago

Qantas Group Reports $1.25 Billion Underlying Profit Before Tax in First Half of FY24

Underlying Profit Before Tax: $1.25 billion (down 13 per cent) Statutory Profit After Tax: $869 million (down 13 per cent)… Read More

12 months ago

Minor Hotels Achieves Record Revenue in 2023, Projects Strong Growth Ahead

Full-year revenue tops THB 121.4 bn (approx. USD 3.4 bn) in 2023. Core net profit in 2023 increases 450% versus… Read More

1 year ago

Spirit Airlines Reports Strong Unit Revenue Despite Soft Summer Travel Demand in Second Quarter 2023

MIRAMAR, Fla., 2023-Aug-05 — /Travel PR News/ — Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) reported second quarter… Read More

2 years ago

Booking Holdings Reports Strong Second Quarter 2023 Financial Results with Record Gross Bookings and Increased Net Income

NORWALK, CT, 2023-Aug-05 — /Travel PR News/ — Booking Holdings Inc. (NASDAQ: BKNG) (the "Company," "we," "our," or "us") reported… Read More

2 years ago

San José Mineta International Airport Reports Strong Summer Passenger Volumes and Positive Outlook for Growth

Record days in June; Passenger volumes holding steady at over 1 million per month  SAN JOSE, Calif., 2023-Aug-01 — /Travel… Read More

2 years ago

Aer Lingus Records Strong H1 2023 Performance, Focusing on Recovery and Future Investment

Dublin, Ireland, 2023-Jul-29 — /Travel PR News/ — Aer Lingus recorded an operating profit before exceptional items of €40 million… Read More

2 years ago

Historic Environment Scotland announces £3.5m in grants to 11 organisations through its new Partnership Fund grant scheme

National Trust for Scotland, Keep Scotland Beautiful and the Scottish Civic Trust amongst those receiving funding from Historic Environment Scotland… Read More

2 years ago

Royal Caribbean Group Releases 15th Annual Seastainability Report, Marking a Milestone Year for its ESG Efforts

Expanding on 15 years of sustainability reporting, the company also releases its first Task Force on Climate-Related Financial Disclosures Report… Read More

2 years ago

Chicago Department of Aviation introduces ordinance to aid small business concessions at O’Hare and Midway airports hit by COVID-19 pandemic

Ordinance provides for amended agreements with small businesses proving services to passengers at O’Hare, Midway Chicago, IL, 2023-Apr-21 — /Travel… Read More

2 years ago

Flughafen Wien AG Soars to New Heights with Strong Profit Jump in 2022

Strong jump in profits in 2022: Flughafen Wien AG demonstrates its strength following the coronavirus-related downturn   Business results in… Read More

2 years ago

Choice Hotels International partners with Wells Fargo and Mastercard to launch new cobranded credit card program this spring

Offering enhanced rewards and benefits for members, the new Choice Privileges Mastercard will launch this spring. Existing cardmembers will be converted to… Read More

2 years ago

Mayor Lightfoot and DCASE Announce $11M in Grants for Chicago Arts Organizations’ Recovery

Department of Cultural Affairs and Special Events (DCASE) Announces 2023 Cultural Grants, Furthering City’s Investment in Arts Recovery CHICAGO, IL,… Read More

2 years ago

Hotel Industry Set to Rebound: Surpassing Pre-Pandemic Demand, Revenue, and Tax Revenue in 2023

2023 AHLA State of the Industry forecasts opportunities, challenges WASHINGTON, DC, 2023-Jan-31 — /Travel PR News/ — The hotel industry… Read More

2 years ago

Join the Discussion on Auckland Airport’s FY23 Interim Results with CEO and CFO

Analyst and media webcast for FY23 interim results Auckland, New Zealand, 2023-Jan-19 — /Travel PR News/ — Auckland Airport’s interim… Read More

2 years ago

SAS Concludes Lessors Negotiations and Expects to Achieve Targeted Cost Savings in Chapter 11 Process

Stockholm, Sweden, 2023-Jan-16 — /Travel PR News/ — SAS AB (“SAS” or the “Company”) announces that it has reached agreements… Read More

2 years ago

Qatar Airways Privilege Club announces its latest partnership with Visa

This expanded partnership creates a new world of opportunities for Privilege Club members to collect and spend Avios Doha, Qatar,… Read More

2 years ago

Choice Hotels to release 2022 third quarter earnings results on Monday, November 7, 2022

ROCKVILLE, Md., 2022-Oct-12 — /Travel PR News/ — Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report… Read More

2 years ago

Hyatt Hotels Corporation updates on operating results for May, summer travel booking trends, and closes on asset dispositions

System-wide RevPAR Accelerates in May; Future Bookings Continue to Strengthen Chicago, IL, 2022-Jun-07 — /Travel PR News/ — In conjunction… Read More

3 years ago

Qantas adds new payment option with buy now, pay later provider Zip

Qantas to offer buy now, pay later option for flights for the first time Frequent Flyers can earn extra Qantas… Read More

3 years ago

Agoda to offer interest-free credit card installments across its booking platform in partnership with Visa

SINGAPORE, 2022-May-12 — /Travel PR News/ — Global travel platform Agoda, today (May 11, 2022 ) announced its partnership with… Read More

3 years ago