Articles tagged “europe”

It looks like Ryanair is preparing itself for a major shakeup of the European airline industry. We've heard it talk about struggling competition before, but things are getting much tougher out there.

It's not a great time to be running a European short-haul airline, but EasyJet is trying to make the best of it. While growing its holiday and business travel offerings is probably a smart move, it's difficult to see them making much of a difference if the economic climate keeps getting worse.

Announcing such a big loss is not a good look for any company, but Thomas Cook management will be hoping they've got all of the bad news out at once and use some breathing space to shore things up.

With consumers much more aware of the damaging environmental impact of air travel, other forms of transport are having a moment. It might be a good time for Trainline's private equity owners to sell up.

TUI's global plans are ambitious and bring it into direct competition with strong local online players, but as the CEO said, it only needs a relatively small number of customers to fulfill its needs.

As external capital pours into the vacation rental sector, it makes sense that some property management companies believe they need to merge to thrive. It's also notable that Marriott has already begun working with some of Altido's properties for its new homesharing effort.

Accor is still seemingly on the hunt for acquisitions, and this one is pretty eye-catching. Treebo and its rival Oyo have disrupted the Indian hotel market, and now it looks like they will do the same in Europe and elsewhere.

Europe's pace of growth looks like it will take a step back this year. Hopefully this will coincide with a continent-wide reassessment of how it can better manage tourism.

Accor’s investment in the co-working economy shows a growing need for hospitality brands to diversify the experiences they offer their customers and for co-working spaces to evolve.

Competition is tough in Europe at the moment and Air France-KLM's losses don't look good. But it's traditionally a weak quarter for airlines so things should get better during spring and summer.