Iberia presented yesterday the results for the first half of the year. In the first six months of 2008 the airline generated consolidated profit after taxes of €20.7 million and profit from operating activities of €6.3 million. The EBITDAR came to 259.3 million euros, 34.2 percent less than in the same period of 2007.
Wyndham Worldwide Corporation announced revenues for the lodging group in the second quarter of 2008, compared to the second quarter of 2007. Net income for the same period was $98 million or $0.55 diluted earnings per share, up 3 percent from the second quarter of 2007.
Expedia Inc. has agreed to acquire Venere.com, an Italy-based online travel agency focused solely on hotel reservations. Venere has direct relationships with approximately 29,000 hotels, including 26,000 in Europe.
A Couple of Chicks e-Marketing brings its unique concept of educating hospitality professionals to market tourism online to the Caribbean tourism and travel industry this Fall, 2008.
One of the top officials of the Organization of American States (OAS) has urged businessmen in Florida to cash in on trade with Caribbean countries and suggested that the state form a united agenda on doing business with the region.
Funjet Vacations is running an exclusive sale for Iberostar properties in Mexico, Jamaica and the Dominica Republic Aug. 8 to 14. The sale is valid from origins throughout the U.S. for travel now through the beginning of 2009.