Headlines
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VRL theme park success
Thursday | Aug 29 2019VILLAGE Roadshow Limited (VRL) today reported a 37% increase in pre-tax earnings, with the result reflecting a particularly strong recovery in its Theme Parks division over the last 12 months.
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Apollo rental demand up
Thursday | Aug 29 2019APOLLO Tourism & Leisure today reported a disappointing 76% decline in its annual profit to $4.7 million after tax, but noted the continued strong performance of its campervan rental businesses in Australia, New Zealand, North America, Europe and the UK.
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Marriott’s first ACT property
Thursday | Aug 29 2019MARRIOTT International this morning unveiled plans for its first hotel in Canberra, with the Midnight Hotel in Braddon to open next month under the Autograph Collection which comprises 180 hotels globally.
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Rottnest plots booking portal
Thursday | Aug 29 2019WESTERN Australia’s Rottnest Island is set to develop a new accommodation booking system, allowing visitors to book their stays along with other services such as bike hire, transport, tours and mooring rental.
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Scurrah restructures VA
Wednesday | Aug 28 2019THE new unified Virgin Australia Group structure announced today by CEO Paul Scurrah (TD breaking news) will “streamline common functions and create greater opportunities, but will also identify efficiencies and duplication,” he said.
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HLO appoints cruise chief
Wednesday | Aug 28 2019HELLOWORLD Travel Limited (HLO) today announced the appointment of Catherine Allison to the newly created role of General Manager Cruise – Product & Commercial, with responsibility for both wholesale and retail relationships with cruise lines.
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Regional NSW’s flight win
Wednesday | Aug 28 2019THE NSW Government has struck an $8 million deal with Far North West Joint Organisation to bring in 26 new flights, operated by FlyPelican and Air Link, to connect the regional destinations of Bourke, Cobar, Walgett and Lightning Ridge to Dubbo, along with Cobar to Sydney.
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THL profit hit by US slump
Tuesday | Aug 27 2019NZ-LISTED Tourism Holdings Limited this morning declared a 26% decline in underlying annual profit, with a record performance of its NZ motorhome rentals and sales business overshadowed by a poor performance in the USA.
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SeaLink tech write-down
Tuesday | Aug 27 2019SEALINK Travel Group today announced a $1.6 million “non-cash impairment charge” related to UWAI, an IT venture co-founded by SeaLink Chairman Andrew McEvoy, in which the company invested last year.
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VA, freedom loyalty deal
Tuesday | Aug 27 2019VIRGIN Australia has shaken hands with major furniture retailer freedom to form a new loyalty partnership, with Velocity Points to become the currency of freedom’s new loyalty program, myfreedom.