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Travel News Archive07-May-2008
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- 'Two travel agents plead guilty in fraud cause (San Jose Mercury News)
For the second time in 20 years, travel agent Joseph Maloof is awaiting sentencing for defrauding customers who came to him for group tours of Europe, South America and other locales.- 'Rise forecast in Coloradans' travel to other countries. (Denver Post)
International travel by Coloradans will increase by as much as 3.6 percent this summer, according to the first-ever summer forecast by AAA. - 'Arabian Travel Market - Day 2 (AME Info)
The latest travel news, a visit to Singapore and a key interview with Julie Shields, MD, Jumeriah Living feature in this programme presented by Phil Blizzard from the AME Info studio at the Arabian Travel Market.- 'Universal Travel Group Announces Termination of Financing Agreement (Business Wire via Yahoo!7 Finance)
Universal Travel Group Inc. (OTCBB: UTVG) ("Universal Travel Group" or the "Company"), a fast growing travel services provider in China specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing, hotel reservation and air cargo transportation, today announced that it has terminated its agreement with three Chinese financial ...- 'Travel company TUI's shipping activity cuts loss (AFP via Yahoo! News)
The biggest European travel company TUI on Wednesday said it had slashed an operating loss during the first quarter with a strong performance from its shipping operations.- 'San Jose travel agents plead guilty to defrauding customers of more than $1 million (San Jose Mercury News)
For the second time in 20 years, travel agent Joseph Maloof is awaiting sentencing for defrauding customers who came to him looking for group tours of Europe, South America and other locales.- '(AFX UK Focus) 2008-05-08 04:07 HK-listed Macau Success to buy 80 pct of Jade Travel for 22.62 mln hkd (Interactive Investor)
HONG KONG (XFN-ASIA) - Macau Success Ltd (487.HK) said it has agreed to buy 80 pct stake in air ticket agency Jade Travel Group for 22.62 mln hkd.- 'No easy answer to 'greener' travel mode: planes, trains or automobiles (San Francisco Chronicle)
There's been a lot of information lately - and some misinformation - about trying to "go green" when you travel. Are you better off driving, flying or taking a train (if you can find one)? As usual in these complex issues, there's no one-size-fits-all... - 'EU survey finds widespread abuses on airline and travel Web sites (International Herald Tribune)
Many airline and travel Web sites add surcharges or other fees to tickets that substantially increase the advertised price.- 'ADRs in Focus: Asian travel and leisure ADRs retreat (AP via Yahoo! Finance)
Shares of U.S.-traded travel and leisure companies based in Asia fell on Wednesday after an analyst downgraded Ctrip.com International Ltd., saying the Web-based travel booking service is no longer underpriced.
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