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Jet Airways posts Rs 298 crore loss in Q4 - Times of India
24 May 2012, 8:16 pm
However, Kingfisher's drastic reduction of flights from last November pushed up
occupancies and fares at all airlines, including Jet. In Q4, Jet's revenue grew by 24% to Rs 4,639 crore and passenger occupancy rose by 23.5% over the same period last year.
China travel boom filling hotel rooms - couriermail.com.au
22 May 2012, 9:44 pm
It's not surprising, therefore, that room rates and
occupancies are on the up. "A clear gap between hotels in regional areas and capital cities will remain." A major issue for the industry is that the welcome boom in tourism from China is also increasing ...
African Sun sees 16pc revenue boost - New Zimbabwe.com
18 May 2012, 5:57 am
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occupancies were 52% in positive variance, compared with the six months last year as revenue per average room went up 23 percent to close at US$46 from last year’s US$37. Munyeza said the group was excited by the eight new projects in West Africa and ...
More Real-Estate Loans Default in Europe - Wall Street Journal
15 May 2012, 6:46 pm
A growing number of landlords, hit with falling rents and
occupancies, are defaulting on loans, and it is happening not just in the most-troubled parts of Europe but in big centers like London and Frankfurt. Values already are down nearly 20% ...