Profit more than doubles at Flight Centre thanks to pick-up in business travel August 28, 2024 A surge in the number of corporate flights taking off helped Flight Centre Travel Group’s pre-tax profit more than double during its latest financial year. The Australian-headquartered group delivered a AU$320m (£164.42m) in underlying profit before tax for 2024, a 131 per cent year-on-year increase and at the mid-point of Flight Centre’s guidance range. The [...]
Expedia: Profit more than doubles as UK sales surge as travel demand returns July 24, 2024 The UK arm of Expedia saw its profit more than double as its turnover surged by almost £60m during 2023, it has been revealed.
Easyhotel: Bookings surge fails to stop budget chain sinking further into the red June 18, 2024 Budget chain Easyhotel has reported its biggest loss since 2020 as a rise in bookings failed to offset more than £16m in loan charges.
Safestay: More business travellers choosing hostels fails to boost chain’s profit June 7, 2024 Losses have continued to mount for hostel chain Safestay, despite the company saying it had seen an increased number of business travellers checking in to its properties.
What’s On in London in June 2024 May 29, 2024 | City Talk Regardless of the weather, London is always the world’s top place to be in June. As summer takes hold, its parks, galleries, stages, restaurants and venues become vibrant entertainment hubs, offering a plethora of events. This guide will help you navigate the best of what’s happening, ensuring you make the most of the long, sunlit [...]
Suite Success: The Best Hotels for Extended Stays in London May 3, 2024 | City Talk With so much to see and explore in London, finding the right accommodation is essential. This guide highlights some of London’s best hotels for extended stays, offering the comforts of home alongside the convenience of hotel services. So, whether you’re planning a business trip, an extended stay, or even a short visit to the capital [...]
Virgin Atlantic Holidays makes first profit since 2018 as luxury travel to Florida and the Caribbean recovers April 19, 2024 Virgin Atlantic Holidays returned to making a profit for the first time since 2018.
Williamsburg, once a Mecca for hipsters, is now a luxury hub April 2, 2024 Williamsburg is the hipster capital of the world, the Brooklyn neighbourhood where a thousand moustaches were born. Yet the New York City district has largely thrown off its bohemian past to become a hub for gourmet restaurants and chic hotels. Williamsburg’s economy collapsed in the 1970s with the deindustrialisation of New York. The area’s [...]
Central London Alliance calls on Treasury to reinstate tax-free shopping and generate an estimated £10 billion January 31, 2024 | City Talk Ahead of the budget announcement on 6 March 2024, Central London Alliance (CLA) has submitted a proposal calling for the Treasury to reinstate tax-free shopping in efforts to help the retail sector recover from post-pandemic challenges. CLA backs requests by the retailers to reintroduce the scheme allowing foreign visitors to the UK to shop tax-free. [...]
More than 300 businesses to be created as Travel Counsellors launches its largest-ever recruitment drive January 22, 2024 Hundreds of entrepreneurs across the UK are being supported to launch their own companies as part of a travel group's largest-ever recruitment drive.