Travel News Archive

• 'Stock in travel group Transat soar as executives say income trust considered (Canadian Press via Yahoo! News)
MONTREAL (CP) - Stock values in travel company Transat A.T. Inc. took a jump Thursday after management revealed in a conference call the company could be a candidate to be turned into an income trust.
• 'TEDA Travel Group Further Expands Its Hotel Network in China (Hotel Online)
TEDA travel Group, Inc. (BULLETIN BOARD: TTVL) , announced today that its 60% held subsidiary, Landmark International Hotel Group Limited ("Landmark") has added two more hotel management contracts into its portfolio of managed properties, bringing the number of hotel properties management contracts under Landmark up to 15 in the PRC.
• 'Businesses continue move to Internet sites for travel (Las Vegas Business Press)
As the Web savvy of workers grows, so does the appeal of such major online travel services as Expedia, Travelocity and Orbitz. Each has opened business portals in recent years, and today a larger percentage of employees of small- and mid-sized companies use them, changing the cost of business travel.
• 'Albany, N.Y. : Timesunion.com : Travel (Times Union)
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• 'Asia-Pacific travel sector picking up momentum Growth of 10-11% projected until 2007 (Bangkok Post)
The upward trend in air travel and tourism that began earlier this year in Asia-Pacific countries including Thailand now looks likely to gather pace and rise to double-digit growth in the last few months of 2005, the industry now believes.
• 'Hoosiers help with travel plans in hurricane aftermath (Fort Wayne Journal Gazette)
BLOOMINGTON, Ind. - With help from Indiana, the Nicholls State football team will travel to Bloomington and play its first game of the season on Saturday.
• 'Stock in travel group Transat bumped up by income trust expectations (Canadian Press via Yahoo! News)
MONTREAL (CP) - Shares in Transat A.T. Inc. took a bound Thursday after management disclosed the travel company could be a candidate to be turned into an income trust.
• 'Passports required for all global travel (Springfield Business Journal)
Travelers who were used to jumping through hoops to travel internationally soon will have more jumping to do. The Western Hemisphere Travel Initiative, which goes into effect Jan. 1, requires passports for travelers by air or sea to the Caribbean, and Central and South Americas.
• 'Attacks leave travel plans up in air for Benton graduate (Benton Courier)
Benton's Jamie Fugitt, right, and Amanda Tackett were going to enjoy time in London soon, but Tackett's travel plans are on hold after the bombings in London Thursday. Fugitt is currently studying in England.
• 'Travel firm Transat A.T.'s Q3 profit declines to $800K, fuel prices cited (Canadian Business)
MONTREAL (CP) - Transat A.T. Inc., one of the world's largest holiday travel companies, says its third-quarter profit declined to $800,000 after a big tax-related writeoff on French assets and amid higher fuel prices.

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