"The World Travel & Tourism Council is applauding a pledge by British Prime Minister David Cameron to develop a reinvigorated tourism strategy by year’s end."
"During the past decade, large network airlines looked upon bankruptcy protection as a strategic business maneuver, a way to shed debt, cut labor costs and, essentially, get their financial act together. But no more."
"During a National Business Travel Association panel comprising the CEOs of Starwood, Southwest Airlines, Travelport GDS and Carlson Wagonlit Travel last week, CWT's Douglas Anderson indicated he wanted some water"
"Tui Travel's third-quarter results may disappoint some in the financial markets, but they demonstrate an underlying resilience in a weakening UK market."
"Kiss Flights has ceased trading with tens of thousands of holidaymakers abroad and many more advance bookings, placing fresh strain on consumer financial protection."
"The administrator of failed Turkey specialist Goldtrail Holidays has performed a u-turn on advice to travel agents which told them to reimburse customers for holidays not yet taken."
"Goldtrail Holidays paid out £1.3 million to six different airlines on the morning of the day it went under, administrators Begbies Traynor have revealed."
"The demise of Goldtrail Travel is not good news, and not just for the tens of thousands who have had trips cancelled or faced hoteliers' demands for payment. The company may pass unlamented by some in the industry, but the bill for its passing will be substantial."