Travel News Archive

• 'Ctrip May Buy Companies in Asia as More Chinese Travel Abroad (Bloomberg.com)
May 29 (Bloomberg) -- Ctrip.com International Ltd., China's biggest online travel agent, may buy companies in Hong Kong, South Korea and across Asia to tap rising spending on international travel by Chinese consumers.
• 'Travel agencies post record profits for 2005 (Prague Daily Monitor)
Prague, May 28 (CTK) - Czech travel agencies generated record profits of around CZK 3 billion in 2005, according to the Mag Consulting agency which monitors the tourism market, daily Lidove noviny wrote on Saturday.
• 'Australia's S8 Ltd to bid for Gullivers Travel (Reuters Finance News, New Zealand via Yahoo!7 Finance)
WELLINGTON, May 29 (Reuters) - New Zealand listed travel company Gullivers Travel Group GLS.NZ said on Monday that Australian based S8 Ltd SEL.AX planned to make a takeover offer of NZ$2.35 a share, a 40 percent premium.
• 'Australia's S8 Ltd to bid for Gullivers Travel (Reuters via Yahoo! Asia News)
WELLINGTON, May 29 (Reuters) - New Zealand listed travel company Gullivers Travel Group said on Monday that Australian based S8 Ltd planned to make a takeover offer of NZ$2.35 a share, a 40 percent premium.
• 'UPDATE 1-Australia's S8 bids NZ$235 mln for Gullivers Travel (Reuters Finance News, New Zealand via Yahoo!7 Finance)
WELLINGTON, May 29 (Reuters) - Australian-based S8 Ltd SEL.AX returned to the takeover trail on Monday with a NZ$235 million ($149 million) offer for Gullivers Travel Group GLS.NZ, a leading New Zealand travel agent.
• 'Australia's S8 bids NZ$235 mln for Gullivers Travel (Reuters via Yahoo! Asia News)
WELLINGTON, May 29 (Reuters) - Australian-based S8 Ltd returned to the takeover trail on Monday with a NZ$235 million ($149 million) offer for Gullivers Travel Group , a leading New Zealand travel agent.
• 'Travel Service sells Spanish unit to Airclass (Prague Daily Monitor)
Prague, May 26 (CTK) - Czech charter airline Travel Service has sold its Spain-based subsidiary Visig Operaciones Aereas to Spanish-Portuguese company Airclass, the daily Hospodarske noviny says today.
• 'PREVU Corporation Launch Travel Videos (Scoop.co.nz)
Auckland-based PREVU Corporation has launched its range of travel videos on M1, a leading Singapore 3G mobile network.
• 'Free bus travel catches on (The Herald)
Every Scot who reaches the age of 60 is now entitled to free bus travel anywhere in Scotland. The initiative, which also extends to the disabled, is truly liberating for many people. This is the wellbeing agenda in action. It is even being copied by Gordon Brown south of the border.
• 'Venezuela's Chavez to Travel to Ecuador to Broaden Energy Ties (Bloomberg.com)
May 28 (Bloomberg) -- Venezuelan President Hugo Chavez will travel to Ecuador on May 30 to broaden energy ties between the two Andean countries. Chavez will sign an energy accord with Ecuador President Alfredo Palacio, the state Bolivarian news agency reported.

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