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2013 Archives

Tourism

SeaWorld IPO to list tomorrow, with company valued at $2.5 billion

This is a big outcome for Blackstone, the PE firm that owns SeaWorld. But the attractions company, which has seen good growth over the last year, is still vulnerable to larger ups and downs of economy and how that affects how people view destination travel as part of their plans.

Lee Spears, Cristina Alesci, Bloomberg | 11 years ago

SeaWorld IPO to list tomorrow, with company valued at $2.5 billion

Airlines

AirAsia’s India venture will only sell tickets through Expedia

The Indian aviation market isn't exactly the most healthy business market, and you would expect AirAsia to want to have as wide a distribution network as possible, instead of just working with its JV partner Expedia.

Skift | 11 years ago

Ground Transport

Japanese hotel and rail giant Seibu says “no” to demands from Cerberus Capital

It's not that Seibu couldn't stand a bit more oversight but really, would you concede to letting Dan Quayle sit on your board?

Masumi Suga and Kiyotaka Matsuda, Bloomberg | 11 years ago

Business Travel

Red Roof goes on a road trip to show off its new room design

Business travel has picked up in the first quarter of 2013, but travelers and their employers are still looking for a bargain prompting budget chains to redesign in an attempt to offer modern rooms at a low cost.

Steve Wartenberg, The Columbus Dispatch | 11 years ago

Red Roof goes on a road trip to show off its new room design

Airlines

U.S. House Republicans promise hearings on TSA spending and staffing

As furious as Rep. Issa and his peers are about the TSA, they're likely most annoyed because the U.S. House of Representatives has a lower public approval rating than the agency that frequently forces Americans to undergo cavity searches.

Jeff Plungis, Bloomberg | 11 years ago

U.S. House Republicans promise hearings on TSA spending and staffing

Ground Transport

Eurostar’s 2013 revenues rise this quarter, even without Olympic crowds

Last year's gains were credited to the Olympic events, so these numbers are promising. In addition to business travelers, tourists searching for budget bargains are now turning to rail over air for better travel experiences and cheaper tickets.

Skift | 11 years ago

Eurostar’s 2013 revenues rise this quarter, even without Olympic crowds

Airlines

Norwegian Air’s Dreamliners are grounded but stock is soaring

Norwegian has realized there's money to be made off the excellent relationship between Scandinavia and Asia.

Kari Lundgren, Bloomberg | 11 years ago

Norwegian Air’s Dreamliners are grounded but stock is soaring

Tourism

Niagara Falls doesn’t really know how many people visit each year

Increased attention on the operations and costs of national parks under tight budget restraints should motivate state and regional parks to also analyze and reassess how they run.

Mark Scheer, Niagara Gazette | 11 years ago

Niagara Falls doesn’t really know how many people visit each year

Airlines

American Airlines records modest profit in countdown to merger

One can expect some real profits from the new American once the merger goes through in light of continued this airline consolidation, and all the costs American is shedding through the bankruptcy process.

Dennis Schaal, Skift | 11 years ago

Hotels

Hawaii tourism is booming: Hotel room prices hit record high in February

There’s a financial strain to visiting hotspots for tourists, but Hawaiian businesses are taking advantage of the booming Asian market and increased connectivity while they’re still in the limelight.

Audrey McAvoy, Associated Press | 11 years ago

Hawaii tourism is booming: Hotel room prices hit record high in February