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57. MasterCard Luxury Week Hong Kong to take place 26 - 30 August 2008
MasterCard Luxury Week Hong Kong to take place 26 - 30 August 2008. MasterCard is putting the final touches to its popular MasterCard Luxury Week Hong Kong. Now in its second year, the five-day event, taking place from 26 to 30 August 2008 at the Four Seasons Hotel in Hong Kong, will sit alongside other high profile events supporting Hong Kong's positioning as a fashionable city an
58. Cathay Pacific reports 1H2008 Loss of HK$663 million
Cathay Pacific reports 1H2008 Loss of HK$663 million. Cathay Pacific has reported a loss of HK$663 million in its 2008 Interim Results. This compares to a profit of HK$2,581 million in the first half of 2007. The big change in the company’s financial performance was entirely due to the relentless rise in the cost of jet fuel in recent months.Group turnover rose by 22.6% over the sa
59. City of Arabia owners Looking for the Best of the Best to manage 500-room Hotel
City of Arabia owners Looking for the Best of the Best to manage 500-room Hotel. Leading hotel operators pursuing the management contract for the 500-room five-star property being built at City of Arabia in Dubai are being told that nothing but the best in service will do. Many leading hotel names are competing for the chance to put their brand on the luxury rooftop hotel at Mall o
60. Sweet Vacations in South Australia
Sweet Vacations in South Australia. When thinking of travelling to South Australia, travellers may well consider the scenery, the excellent wine, the great tours, but few may think of chocolate. Below we cover a few of the more unusual things to do in South Australia, that those with a sweet tooth are sure to enjoy!
61. SAS acquires software firm IDeaS
SAS acquires software firm IDeaS. SAS, a leader in business intelligence and analytics, has acquired IDeaS Revenue Optimization, a provider of advanced revenue-management software for the hospitality industry. With its existing broad portfolio of market-leading advanced analytics, business intelligence and industry-specific solutions, SAS now also has a leading revenue-management o
62. Survey Shows Business Travellers Make Drink and Venue Choices Based on Image
Survey Shows Business Travellers Make Drink and Venue Choices Based on Image. The survey also found business travellers are extremely self-conscious when choosing a venue - nearly half (47%) say that whether or not the restaurant/drinking establishment will make a good impression guides their venue choice, while 41% of business travellers agree the drinks they order or recommend in
63. Airline Passenger Growth in June 2008 Hits Five-Year Low
Airline Passenger Growth in June 2008 Hits Five-Year Low. IATA's international traffic data for June 2008 shows a continued slowing of demand growth for air transport. Cargo contracted by 0.8% compared to June 2007. Passenger demand growth fell to 3.8%, the lowest level since 2003. Passenger load factors dropped to 77.6%, 1.2 percentage points below the 78.8% recorded for June 2007
64. Boeing Forecasts continued Strong Air Cargo Traffic Growth
Boeing Forecasts continued Strong Air Cargo Traffic Growth. Boeing has forecast that the global air cargo market will continue to exhibit strong, long-term growth, in its Current Market Outlook 2008. During the 20-year forecast period, Boeing projects that the industry will grow at an annualized average of 5.8% with the world freighter fleet increasing from 1,948 to 3,892 airplanes

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