Orbitz Worldwide said global gross bookings in the second quarter increased 17 percent year over year, mainly due to higher air fares and higher transaction volume. Air gross bookings increased 21 percent (22 percent on a constant currency basis) and non-air gross bookings increased seven percent (six percent on a constant currency basis) year over year. Domestic gross bookings increased 17 percent and international gross bookings increased 19 percent (20 percent on a constant currency basis) year over year.

In a mid-year financial check up, three-quarters (75 percent) of Americans say their debt has not increased over the past six months and in fact more than a third (38 percent) say their debt has actually decreased, according to the latest American Express Spending & Saving Tracker.

Thomas Cook Group has agreed to acquire 100 percent of Öger Tours, a German tour operator specializing in package holidays to Turkey, from its founding shareholder Vural Öger.

Altour has acquired Advantage Travel & Incentives, Inc. (Advantage Performance Network (APN) and Advantage Travel Management), located in Savage, Minn. The company was established in 1995 by Mary Sue Leathers, with a vision of bringing customer service back to the travel industry.

The European Commission has given British Airways, American Airlines and Iberia final regulatory approval to enter into a joint business agreement on trans-Atlantic flights. The airlines anticipate that they will receive the final decision on trans-Atlantic anti-trust immunity from the U.S. Department of Transportation (DOT) shortly.

Marriott International reported second quarter 2010 net income totaled $119 million, a 42 percent increase compared to second quarter 2009 adjusted net income. Diluted EPS totaled $0.31, a 35 percent increase from adjusted diluted EPS in the year-ago quarter. On April 22, 2010, the company forecasted second quarter diluted EPS of $0.25 to $0.29.