Patrick Whyte

Given that Michael O'Leary is sticking around, you've got to wonder how much control the new Ryanair airline CEO will really have.

EDreams believes it has developed a long-term recipe for success but needs time to realize those gains. If it can convince enough people to sign up — and stay signed up — to its subscription service it might prove it is on to something.

The co-chairman structure is an unusual one in business and rarely lasts for long. But given the friendship of the two occupants, maybe this one stands more chance of success.

Thomas Cook's chances of escaping its current financial mess still rest in the hands of Fosun and its creditors. While Wednesday's announcement is good news for travelers and the company's employees, there are still a number of hurdles to clear.

Where some lifestyle and luxury brands fear to tread, others are happy to step in. Being an early mover has plenty of advantages, and it helps to set up your brand as different to the rest.

Businesses invariably hate regulation, but sometimes it takes threats and fines to help change things for the better. Would airlines really be pushing their green credentials if consumers, governments, and the media weren't asking difficult questions?

The Faroe Islands has managed to punch above its weight with its tourism campaigns in recent years. Smaller, more remote destinations often have to be pretty creative in order to get attention.

Webjet has really transformed its business over the past few years through a couple of sizable acquisitions. The Australian consumer market is proving pretty tough, so pursuing a strategy of global expansion in the wholesale arena makes sense.

CEO Gary Morrison has shaken things up since taking over at Hostelworld last year. His new strategy will take time to play out, but as a niche business, it seems sensible to try and do things differently from the big, generalist online travel agencies.

Barcelona is still an incredibly popular city, but hotels need to offer something different and fresh if they are to make their mark on the hospitality landscape.