Scandic Hotels, a mid-market chain based in Sweden, has defied the weakening economy by reporting upbeat annual figures, which include a €311 million gross profit for last year, an increase from €276 million in 2007.
Also on the upside, revenues increased 5% to €758.5 million last year, which is a rise from €720 million the year [...]

Kuoni, a travel giant based in Switzerland, is set to cut workers across the entire company, which they claim will cut 5% of their costs per year for the next 3 years. According to the company, a majority of the positions are to be lost via natural attrition. However, they did admit that [...]

Choice Hotels announced the opening of Cambria Suites in Raleigh, NC, USA on Thursday, January 22. Cambria Suites are designed for travelers who like to take their style of living on their trip, featuring stylish design with suites that have 25% more space than a standard guest room. The new hotel has 103 [...]

Operators of ski holidays say that there has been a 15% shift in holidaymakers choosing self-catering options for ski holidays instead of hotels.  Travelers are still opting for the same destinations for their breaks, but they are cutting the expense of their trips by doing away with extra luxuries.  Options for self-catering breaks are [...]

Kempinski Hotels and Resorts has opened an Anantara Spa at the Kempinski Hotel Ishtar Dead Sea, which they claim is the biggest one in the Middle East. The spa has more than 10,000 square meters in space, 20 treatment rooms, and boasts a big studio for meditation, pilates, tai chi, and yoga. The [...]

Donald Trump, a United States tycoon, has been developing plans for hundreds of homes to be built at his new golf resort in Scotland, but he has now put the plans on hold due to the property market slowing down, according to his managing director. The plan is to build 500 houses in northeast [...]