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- 65. Singapore Airlines pre-tax profit rises to Sin$ 656 Million
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Singapore Airlines pre-tax profit rises to Sin$ 656 Million
- 66. Hotel Sales in Asia Pacific Forecast to Grow 15% in 2015
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JLLs hospitality experts have forecast that global hotel transaction volumes will reach an eight-year high of between US$65 to US$68 billion in 2015, representing a 15% increase over 2014 volumes. JLLs forecast is based on the firms 2015 Hotel Investment Outlook, a forward-looking, global analysis that tracks key factors affecting the hotel investment market. The key drivers of
- 67. Marriott Aims to Open 80 / 90,000+ Hotel Rooms between 2011 and 2013
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Marriott Aims to Open 80 / 90,000+ Hotel Rooms between 2011 and 2013. Marriott International told security analysts and institutional investors in New York this week, that, assuming RevPAR growth scenarios of 5 to 9% compounded annually over the next three years, diluted earnings per share (EPS) could approximate $1.90 to $2.75 by 2013, well above the highest earnings per share (EP
- 68. Ascott REITs Q4 2018 Distribution Per Unit Increases 5%
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Ascott Residence Trusts (Ascott Reit) distribution per unit (DPU) increased 5% year-on-year to 2.15 cents in 4Q 2018. Unitholders distribution for FY 2018 reach a record high of S$154.8 million, a 2% increase from FY 2017. This was on the back of Q4 2018 Unitholders distribution rising 6% to S$46.5 million over Q4 2017.
- 69. 2011 Ends on Positive Note for Aviation Industry
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IATA has reported that full year 2011 passenger demand rose 5.9% compared to 2010, in line with long-term growth trends. In contrast, cargo markets contracted by 0.7% for the year; but recorded positive demand growth in December of 0.2%. Growth in demand lagged capacity increases at 6.3% (passenger) and 4.1% (cargo) putting downward pressure on load factors. The average passenger l
- 70. Vietjet Reports VND274 Billion Profit in Q4 2020
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Vietjet Aviation has reported VND4,430 billion (approx. US$192 million) of consolidated revenue in the fourth quarter of 2020 and a total of VND18,210 billion (approx. US$790 million) of consolidated revenue in 2020. After-tax profit of Vietjets parent company was VND274 billion (approx. US$11.9 million) in Q4/2020 while consolidated after-tax profit reached VND995 billion (approx
- 71. Sol Melia Increases Net Profits to 136 Million Euros in 2006
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Sol Melia Increases Net Profits to 136 Million Euros in 2006. Spanish hotel company Sol Meli celebrated its fiftieth anniversary in 2006 with a 7.9% increase in revenues, a 13.2% increase in EBITDA, and an increase in net profits of 51.2%. The results have been influenced by the positive performance of the companys three hotel divisions and Sol Meli Vacation Club (SMVC), togethe
- 72. IATA Reports January 2012 Global Airline Traffic
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Global airline traffic results compiled by IATA for January 2012 show a 5.7% rise in passenger demand but an 8% decline in air freight compared to the same month in 2011. The occurrence of Chinese New Year in January (rather than in February as in 2011) exaggerated the increase in passenger demand and the fall in air freight. Stripping this out, the underlying trend was for stronge
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