Luxury Collection launches interactive travel community...
The Luxury Collection has tied up with social network Asmallworld.net for the launch of a new interactive travel community. The travel microsite is housed within Asmallworld.net. It is available in the pre-booking stage and will comprise a series of blogs...
Ryanair to continue slashing fares...
Ryanair has vowed to continue slashing fares. The airline, which has announced a Q1 net profit of €136.5 million, stated that a 13 percent reduction in average fares resulted in traffic growing by 11 percent. Ryanair’s CEO, Michael O’Leary, described...
Hertz profit declines...
Hertz Global Holdings Inc.’s second-quarter profit dropped 92 percent to $3.9 million as rentals decreased in the recession. Revenue declined 23 percent to $1.75 billion. The company said its cost reduction efforts are on target to achieve annualised savings of...
JDA Software and QL2 sign agreement...
JDA Software Group has signed an agreement with QL2 Software. The two companies will work on competitor intelligence-driven revenue management solutions. The development follows Carlson Hotels Worldwide choosing the two companies as the major technology partners for Carlson’s SNAP (Stay...
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