Uniworld’s Parent Company Acquired by Apollo
The Travel Corporation (TTC), parent of Uniworld Boutique River Cruises, has seen a pivotal change in its ownership structure after over a century.American private equity firm Apollo has purchased the…
Section
Air and Travel
The latest air and travel news and analysis from the Financial News newsroom.
- Stories
- 3,137
- Follow
- RSS feed
All stories
211–220 of 3,529
Plymouth’s Cruise Boom Adds £1.5 Million to Economy
Plymouth has experienced a significant economic boost thanks to its flourishing cruise industry.The city's cruise bookings have doubled this year compared to 2022.Each cruise visitor spends an average of £90,…
Railways to Command Department for Transport’s Focus
In the wake of a significant electoral shift, the United Kingdom’s transport policies are poised for major changes. The newly elected government suggests a focused agenda that underscores the prioritisation…
Transport Secretary Unveils Ambitious Reforms for UK’s Rail System
The UK's transport framework is set for a significant transformation, as announced by the newly appointed transport secretary.Louise Haigh has outlined an extensive plan focusing on rail and bus services…
European Travel and Economic Outlook 2024
The European tourism industry is set for significant growth, with a projected spending of €800.5 billion in 2024.Travellers are spending more due to increased operating costs and the return of…
Demand for Budget Destinations Fuels Hostelworld’s Rise
Hostelworld's growth is driven by budget travel demand in Asia and Central America.Year-on-year bookings rose by 9%, reaching 3.7 million in the first half of the year.Adjusted profits soared by…
Byway Secures £5m to Revolutionise Sustainable Travel
Byway secures significant funding to revolutionise travel.The company raises £5m to advance JourneyAI technology.Backed by prominent investors, Byway expands its reach.Demand for environmentally-friendly travel options surges.New roles to be added…
Caledonian Leisure’s Strategic Acquisition of Scarborough Hotel
Caledonian Leisure has strategically expanded its hotel portfolio with the acquisition of the New Southlands Hotel in Scarborough.This 55-room property marks the company's fourth hotel acquisition, joining others located in…
Creditors Anticipate £280 Million from Thomas Cook Liquidation
The dissolution of Thomas Cook Group, once the UK's second-largest travel company, reaches a significant milestone as creditors prepare to receive £280 million. The Official Receiver's statement heralds a new…
June Sees Increased Travel Spending as Balance Settlements Rise, Reports Barclays
In June, a notable upsurge in travel expenditure was observed, driven largely by holidaymakers settling their trip balances, according to Barclays' latest figures.The data points to a buoyant travel market,…
Page 22 of 353