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41. AirAsia X Reports 29% Passenger Growth in Q2 2012
In terms of passenger traffic, AirAsia X achieved 3.8 billion Available Seat Kilometers (ASKs) and 3.1 billion Revenue Passenger Kilometers (RPKs) for the second quarter of 2012, resulting in a load factor of 82%. This is an increase of 4 percentage-points from the second quarter of 2011 load factor of 78%. All routes that AirAsia X has operated for over a year have yielded an incr
42. Korean Air Reports Q2 2012 Results with Return to Operating Profit
Korean Air has reported an operating income of 3,119 billion KRW for the second quarter of 2012, a year-on-year increase of 9.9%. Operating profit turned to black from a loss of 38 billion KRW in the same period of last year to a profit of 100 billion KRW. International passenger and cargo businesses remained the major revenue contributors for the airline, accounting for 56.8% and
43. STR Reports US Hotel Performance for Q2 2013
According to data from STR, the U.S. hotel industry reported increases in all three key performance metrics during the second quarter of 2013 in year-on-year measurements. Occupancy rates increased 1.3% to 65.9%, ADR rose 3.6% to US$110.47 and RevPAR was up 5.0% to US$72.78.
44. Airbus to Increase A320 Family Production Rate
Airbus has said it will increase production of its single-aisle aircraft family to 46 a month in Q2 2016, up from the current rate 42. The new higher production rate will be achieved gradually, with an intermediate step at 44 aircraft per month in Q1 2016.
45. STR Reports U.S. Hotel Industry’s Q2 2015 Results
Of the Top 25 Markets, nine reported double-digit RevPAR growth during the quarter, led by Seattle, Washington (+16.1% to US$123.26). Nashville, Tennessee, followed with a 13.0% increase to US$104.33. Houston, Texas, was one of two Top 25 Markets to report a decrease in RevPAR, which was down 4.6% to US$79.84. RevPAR in New York, New York, decreased 1.8% to US$239.30.
46. Global Vacation Travel Delivers Solid Performance in Q2 2013
As rates continued to grow for the leisure channel globally, booking growth paused in June, coming within -2.0% of June 2012. After spring closed with substantial booking growth of +6.2% and +3.7% over prior year in April and May, the stall is still positive given the overall growth it represents. June 2012 increased by +8.5% over 2011, and June 2011 increased by +7.5% over 2010. O
47. Starwood Signs World’s Largest Four Points Hotel
Starwood has signed an agreement with Sulaiman Abdulaziz Al Rajhi Real Estate Investments, to open an hotel in the Al Naseem district on the outskirts of central Makkah, Saudi Arabia. Scheduled to open in Q2 2016, the Four Points by Sheraton Makkah Al Naseem hotel will be the brand’s largest property globally, with over 1,000 rooms.
48. IHG Signs 61-Key InterContinental Resort in Khao Yai, Thailand
InterContinental Hotels Group has signed a management agreement with Elysian Hotel Management, for a new property near Khao Yai National Park in central Thailand. Set to open in Q2 2020, InterContinental Khao Yai Swan Lake Resort will be part of a mixed use project which is being positioned as a ‘destination retreat’.

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