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Search results for “reinvention”
iBooking.com offers hotels free pay-per-click marketing
06/20/2007
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5:56:00 PM
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iBooking.com has introduced a new service, encouraging more independent hotels to adopt online booking direct from the hotel website. (6/18/2007)
Blackstone acquires Hilton
07/09/2007
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9:07:00 AM
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Hilton Hotels Corporation has entered into a definitive merger agreement with The Blackstone Group’s real estate and corporate private equity funds in an all-cash transaction valued at approximately $26 billion. Under the terms of the agreement, Blackstone will acquire all the outstanding common stock of Hilton for $47.50 per share. The price represents a premium of 40% over yesterday’s closing stock price.
Expedia's expenses higher than expected
05/11/2007
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5:44:00 PM
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Expedia Inc. said Tuesday quarterly net profit rose, but shares fell as much as 10 per cent as adjusted income fell short of expectations. Operating expenses were mostly higher, with the biggest increase in selling and marketing costs, up 10.6 per cent.
US online consumer travel sales to reach $94 billion in 2007
04/12/2007
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4:10:00 PM
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eMarketer estimates that 41.3 million US households will book travel online, representing 52.5 percent of all US online households, in 2007. (4/10/2007)
American Airlines' parent manages profit of $81m in 1Q, a $173m improvement YoY
04/24/2007
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4:08:00 PM
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AMR Corporation, the parent company of American Airlines, Inc., has posted a net profit of $81 million for the first quarter of 2007, or $0.30 per diluted share. (4/20/2007)
Asia's Travel Industry Charges into 2007
01/29/2007
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3:09:00 PM
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2006 was a special year in the evolution of the Asian travel industry. The region continued steaming along with record growth figures, surpassing all other major regions and forging a strong position in the global game. (1/25/2007)
Silverjet, World's First Carbon Neutral Airline to Take Inaugural Flight
01/25/2007
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9:24:00 AM
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All-Business Class, Luxury Airline Begins Daily New York-London Flights.
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