18/11/2008 19:29
In a surprise move, ASTA has called for a new federal government program to provide direct loans to cash-strapped smallbusiness owners. In a statement, Chris Russo, president and CEO of ASTA, urged action by the Small Business Administration (SBA) and cited the success of a similar program after...
18/11/2008 17:20
Expedia Inc has announced a new structure "based around brands and technology rather rather than geographic regions", a move which last week saw the departure of Expedia Europe boss Dermot Halpin and a promotion for David Roche.
A spokesperson explained that Halpin would stay on...
18/11/2008 16:55
Budget airline Easyjet has seen its annual profits fall because of higher fuel costs, despite carrying 17.3% more passengers over the year.
Pre-tax profits in the year to 30 September fell 45% to £110m ($165m).
The firm said future economic conditions would be "difficult" and it...
18/11/2008 13:37
US-based hotel search and price comparison site VibeAgent.com has raised $3 million from a group of investors in the software, travel and private equity sectors.
Investors include TRX chief executive Trip Davis who was also involved in angel funding for VibeAgent last year.
The plans...
18/11/2008 10:38
TUI Travel is nearly doubling its travel agency sales team as the product it sells becomes increasingly specialist.
Distribution director Nick Longman said the team currently consists of five members of staff and it is hoped as many as four more members of the team can be recruited in time...
18/11/2008 09:26
Ongoing economic uncertainty has made "aspirational" luxury customers—affluent and middle-income consumers willing to pay more for high-end goods and services—more selective about what they purchase than ever.
Aspirationals are aggressively prioritizing discretionary spending, purchasing a...
17/11/2008 19:33
The Travel Industry Association (TIA) praised President Bush's announcement that seven countries will be admitted to the U.S. Visa Waiver Program (VWP): the Republic of Korea (South Korea), the Czech Republic, Hungary, Estonia, Latvia, Lithuania and Slovakia.
Expanding and...
17/11/2008 19:01
The Society of Incentive Travel Executives has selected South Africa as the host country for the SITE International Conference 2010, set for 4-7 December, 2010. The event will bring the leaders of the design and delivery of motivational experiences and travel rewards, a multi-billion dollar global...
17/11/2008 18:57
The Dubai Department of Tourism and Commerce Marketing (DTCM) released the 2009 edition of its yearly tourism manual - Destination Dubai. The magazine was officially launched at the World Travel Market (WTM) 2009 in London.
The colourful and attractive manual is a comprehensive book for all...
17/11/2008 16:24
David V Jones has been appointed president and chief executive of technology company Amadeus.
He will take up the role from January 1.
Related link TTGlive.com
var...
