Travel News Archive

• 'Online Travel Site Priceline's Results Soar Past Views (Investor's Business Daily via Yahoo! News)
Priceline on Thursday blew away first-quarter views and raised its outlook on soaring European bookings and a hefty boost from U.S. consumers hunting for travel bargains.
• 'House votes to lift travel curbs on Mandela (Reuters via Yahoo! News)
Moving to fix what some lawmakers called an embarrassing leftover in U.S. policy, the House of Representatives on Thursday voted to scrap travel restrictions on former South African President Nelson Mandela and others in his anti-apartheid party.
• 'Ala. House panel urges president Bush to open travel to Cuba (AP via Yahoo! News)
A House committee has approved a resolution urging President Bush, Secretary of State Condoleezza Rice and Congress to open up travel between the United States and Cuba.
• 'Sector Snap: Web travel stocks trade mixed; Orbitz falls (AP via Yahoo! Finance)
Shares of online travel stocks mostly declined Thursday, with Orbitz Worldwide Inc. falling after a Piper Jaffray analyst downgraded the stock and lowered his price target following its first-quarter report.
• 'EU Faults Airlines, Travel Agents for Misleading Ads (Update2) (Bloomberg.com)
May 8 (Bloomberg) -- European Union regulators found more than a third of airline and travel-agency Web sites displayed misleading advertising or other unfair practices, in an industrywide survey that may lead to a crackdown on companies.
• 'Sunnyland Tours buys Exec-U-Travel of Springfield (The Springfield News-Leader)
Sunnyland Tours Inc., a Springfield-based escorted tour company, announced today that it has acquired Exec-U-Travel, a Springfield travel agency. The acquisition expands Sunnyland's business offerings to include full travel services, enabling it to compete in the broader individual travel market. Founded in 1938, Sunnyland specializes in offering escorted tours to all 50 states and many ...
• 'ConsumerMan: Travel clubs ? Deal or no deal (MSNBC)
Travel clubs promise to cut skyrocketing travel costs by giving you huge deals on airfare, cruises, and lodging. But, according to the BBB, most of these outfits are bad news.
• 'Travel sparks council row (Irish Examiner)
FOREIGN travel has sparked a new row at Limerick County Council as 13 councillors and seven officials commence a four-day visit to Germany.
• 'U.K. Travel Stocks Decline, Led by BA on Oil; Sage Group Gains (Bloomberg.com)
May 8 (Bloomberg) -- U.K. travel stocks retreated, led by British Airways Plc , Europe's third-largest airline, and Carnival Plc as crude oil traded near a record.
• 'Priceline.com: Cheap Travel, Pricey Stock (Washington Post)
Priceline.com is running full-steam ahead. The online travel agency has developed impressive European operations, expanded rapidly to Asia, and should gain more business in U.S. from budget travelers -- squeezed by high energy prices and the credit crunch -- because of the company's innovative "Name...

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