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Latest travel daily headlines

Thu 28 Jul 16

Hamilton Is occupancy jumps


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HOTEL occupancy levels on Hamilton Island are at an all-time high, up 8% year-on-year to 93.2%, according to new figures revealed in a market update.


Thu 28 Jul 16

Hospitality confidence up


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BUSINESS confidence in the hospitality sector which spans accom, cafes and restaurants, has risen dramatically, with Sensis recording a net balance of +58 points in its latest Business Index report released today.


Thu 28 Jul 16

USA quash Gulf air concern


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THE US Government has backed away from the fiery debate led by three American carriers regarding alleged subsidies being provided by the home states of the ‘Big Three’ Gulf carriers - Emirates, Etihad Airways & Qatar Airways.


Thu 28 Jul 16

Virgin takes $210m impact


virgin australia

VIRGIN Australia is taking the pain of its restructuring plans in a single quarter, with the carrier this morning announcing an aftertax loss of $224.7 million for the year to 30 Jun (TD breaking news).


Thu 28 Jul 16

TD breaking news – Virgin Australia reports quarterly loss of $228 million


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Carrier takes the impact of restructuring charges, but 'underlying result" improves.


Wed 27 Jul 16

Etihad to maintain Virgin stake


Virgin Australia & Etihad

ETIHAD Airways has confirmed it would be taking up its one-for- one non-renounceable share allocation under Virgin Australia’s capital raising program which closes at 5pm today.


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