The Hotel and Travel Week

Monday, 15th August 2011

Travel portal Travel Republic wins 10 places in the list of top UK e-retailers and ranks now number 18 compared to 28 last year.

According to IMRG, an industry association for online retailers, Thomson was the best performing brand, finishing in 10th place, one ahead of EasyJet. Expedia finished in 14h place and British Airways 34th. Travel Republic and the Train Line were the only companies ranking higher in the last quarter than the previous year.

Tuesday, 16th August 2011
The financial crisis in Greece sparks a surge in holiday bookings to the country, says Directline Holidays. They saw bookings for Corfu up 21% in recent weeks while Rhodes has attracted a 5% increase. Holiday makers try to grab a bargain while recent economic events in Greece enable competitive pricing.
Wednesday, 17th August 2011
A new survey from Ypartnership and Harrison Group finds that U.S. travelers are becoming more tech-savvy and driven by value, when determining which hotel to stay at. 77% of the 2,500 adults queried agree that they are “smarter shoppers” because of the economic situation and 2 in 10 have used flash sale sites. However, the lowest price is not the biggest motivator, as 64% said they were willing to pay full price to get the quality and service they believe they deserve. To find out the best value, people increasingly use the latest technology. 61% said they check TripAdvisor for hotel reviews when booking a hotel. And the number of people that downloaded a smartphone travel application increased from 19% in 2010 to 28% in 2011.
Thursday, 18th August 2011
Beverly Hills Hotel Los AngelesThe Beverly Hills Hotel Los Angeles opens its 2 new luxury Presidential Bungalows. Each offers nearly 5,000 465 square meters of living space inside and out and has their own private entrance. Rates start from US$13,610 to US$15,380 per night.The royal couple Prince William and Kate (The Duke and Duchess of Cambridge) also stayed in one of the bungalows during their 2011 trip to Canada and Los Angeles.
Friday, 19th August 2011
Air Berlin announces a €32.2 million loss for the second quarter and is terminating regional flights to the UK as part of a plan to shed unprofitable routes. The airline will cut its fleet by 8 aircraft, cutting one million seats from its overall capacity. CEO Joachim Hunold who resigned yesterday, said: “In order to become profitable we need to make cuts in our flight routes and in our fleet.” Harmut Mehdorn, an Air Berlin board member since July 2009 and controversial former boss of Deutsche Bahn AG, will become interim CEO from 1st September.

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