TUI will benefit from an additional €1.2 billion in public funding from the German State, in addition to an initial contribution of €1.8 billion. At the end of July, the British the British division o...
Fritz Joussen CEO of TUI Group wishes "Summer holidays [to be] possible responsibly and with clear rules. We will reinvent the holiday in 2020.”
Falling activity, lack of visibility on the prospects for recovery... everything is working to undermine the performance of tourism professionals during the first 2020 quarter. Written April 21th, upd...
[#PAFh19] “One of the themes of our investment strategy […] is to be careful not to pile up these different levels of leverage”
Charles Du Breuil, Executive Director, Morgan Stanley Real Estate Investing at the Paris Asset Forum >hospitality.
“Cash is king”, according to the proverb. Of course, this is probably no longer quite so true in a world where liquidity has been made abundant by central banks and where financial markets are ab...
HNA's series of calamities continues. Airbus decided not to deliver several A330 ordered by HNA following the Chinese conglomerate's late payments.
While shareholder Blue Whale Capital says the business should adopt a franchise model similar to IHG, Bernstein analysts favor expanding Premier Inn’s business in Germany. Others say the division migh...
The investment fund increases its stake in the company.
In debt, the Chinese group could sell 25% of its stake in Park Hotels.
The group reported a net profit of €128.7 million (+27.8%) driven by positive tourism trends and a "coherent" marketing strategy.
The group announced a “solid” 2017 and “excellent progress” on its five-year plan, with growth in sales by 4.0% on a comparable basis.
Choice reported its outlook for 2018.
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