Travel

The FINANCIAL – Travel giant Expedia Group is cutting 12% of its workforce, or about 3,000 jobs, after a “disappointing” 2019. The company’s stock hit its low, $95.67, over the past 12 months on November 11. Expedia chairman Barry Diller said he was aiming for savings of $300-500 million in 2020.Company executives sent an email announcing the changes on Monday afternoon, writing “we ...

The FINANCIAL -- Over 140,000 tonnes – the equivalent weight of 66 London Eyes - of Christmas cargo expected to fly through Heathrow, the UK’s biggest port by value during the holiday ...

The FINANCIAL -- Being amidst the trendiest in Georgia, Adjara Group’s brand keeps expanding at an extraordinary pace. Just a few weeks ago the company opened it’s latest addition - new Rooms ...

Georgia’s tourism industry has achieved a remarkable growth over the past decade, hitting record numbers of tourist arrivals and outpacing the economy growth with a 12.8% CAGR over the past ten ...

The FINANCIAL -- Time zone differences have a stronger effect on tourism than geographical distance, according to new research from LSE and Danube University Krems, ...

The FINANCIAL – Global passenger traffic results for February 2019 showing total revenue passenger kilometers (RPKs) rose 5.3%, compared to February 2018, according to the International Air ...