Accor reported first quarter 2009 revenue was down 5.8 percent like-for-like. Consolidated revenue for the first three months of 2009 totaled 1.616 billion euros, down 5.8 percent over the same period of 2008 and down 9.6 percent on a reported basis.
Accor reported first quarter 2009 revenue was down 5.8 percent like-for-like. Consolidated revenue for the first three months of 2009 totaled 1.616 billion euros, down 5.8 percent over the same period of 2008 and down 9.6 percent on a reported basis.
AMR reported a first-quarter net loss of $375 million, of $1.35 per share, blaming an economic downturn unseen in decades that put a damper on passenger demand and revenue. The results include the impact of a $13 million charge, or $0.05 per share, to reflect the net present value of future lease payments related to A300 aircraft retirements during the quarter.
AMR reported a first-quarter net loss of $375 million, of $1.35 per share, blaming an economic downturn unseen in decades that put a damper on passenger demand and revenue. The results include the impact of a $13 million charge, or $0.05 per share, to reflect the net present value of future lease payments related to A300 aircraft retirements during the quarter.
Orbitz Worldwide eliminated air booking fees at Orbitz.com and CheapTickets.com for reservations made through May 31.
Starwood Hotels & Resorts Worldwide this week launched the largest, most aggressive sales blitz in the company’s history.