Travel & Leisure Sector News

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  • Britain's FTSE gains on BoE stimulus expectations Reuters - UK Focus - Fri, Jul 22, 2016 17:01 BST

    Britain's top share index edged higher on Friday on hopes of further action from the country's central bank following poor UK economic data, with companies like Vodafone and CRH gaining on positive updates. The blue-chip FTSE 100 was up 0.5 percent at 6,730.48 points at its close, having opened lower, with the benchmark …

  • INVESTMENT FOCUS-Flying into the fog of European earnings season Reuters - UK Focus - Fri, Jul 22, 2016 16:40 BST

    EasyJet (Other OTC: EJTTF - news) 's admission this week that it was unable to give an earnings forecast in the near-term underscores the predicament investors face as corporate results season gets underway next week in Europe. Earnings at Europe's largest companies are expected to fall nearly 9 percent overall, according …

  • About 9 hurt when NYC tour bus jumps curb at Central Park Associated Press - Fri, Jul 22, 2016 03:19 BST

    NEW YORK (AP) — New York authorities say about nine people were hurt when a double-decker tour bus swerved and jumped a curb at Central Park on Fifth Avenue.

  • Racism on Airbnb inspires new sites Innclusive and Noirbnb Associated Press - Thu, Jul 21, 2016 23:20 BST
    This screenshot from a new website, Innclusive.com, shows the company's homepage. The founders of Innclusive.com started the vacation rentals website because of concerns about racism in the vacation rental industry, including travelers who said they'd experienced racism from Airbnb hosts. The founders have heard from many travelers and hosts who want to be involved with a vacation rental site that is committed to inclusivity. (Innclusive.com via AP)

    NEW YORK (AP) — Accusations that Airbnb has been ignoring complaints of racism have led several black entrepreneurs to create two new vacation rental websites where they say racism will not be tolerated.

  • First U.S. LNG shipment to cross expanded Panama Canal next week Reuters - UK Focus - Thu, Jul 21, 2016 17:11 BST

    The United States will ship its first liquefied natural gas cargo through an expanded Panama Canal next week. The waterway shaves distances between export plants dotted along the Gulf of Mexico and Asia ...

  • William Hill seeks new boss to revive online growth Reuters - UK Focus - Thu, Jul 21, 2016 12:07 BST

    Britain's William Hill (Other OTC: WIMHF - news) has fired Chief Executive James Henderson after only two years in the job because the bookmaker's board said he was failing to deliver enough growth in online and international gambling. Henderson was promoted from the role of operations director when the highly regarded …

  • EasyJet and Lufthansa flag turbulent summer for airlines Reuters - UK Focus - Thu, Jul 21, 2016 11:55 BST

    Last week's deadly attack in Nice and attempted coup in Turkey have created fresh turmoil for European airlines already grappling with the fallout of "Brexit," with easyJet saying it was unable to give an earnings forecast and Lufthansa warning on profit. EasyJet, Europe's No. 2 low-cost carrier behind Ryanair, has in …

  • BUZZ-European airlines: Lufthansa warning sees sector extend sell-off Reuters - UK Focus - Thu, Jul 21, 2016 11:33 BST

    ** European airlines hammered after Lufthansa's profit warning, Nice attack, Turkey attempted coup ** Lufthansa, easyjet near the bottom of the Stoxx 600, down 7.3 pct, 6.3 pct respectively; ICAG, Air ...

  • Roland Head takes a closer look at today's updates from Unilever plc (LON:ULVR), SSE plc (LON:SSE) and easyJet plc (LON:EZJ).

  • More volatility could be to come for these three companies after the latest management announcements.

  • William Hill says a new CEO needed to accelerate online, intl growth Reuters - UK Focus - Thu, Jul 21, 2016 07:58 BST

    William hill chairman says a new ceo was needed to accelerate growth in online and internatiONAL, does not dispute CEO was fired William hill chairman says online business had not performed in line with ...

  • William Hill's Chief Executive James Henderson steps down Reuters - UK Focus - Thu, Jul 21, 2016 07:18 BST

    British bookmaker William Hill said on Thursday its chief executive, James Henderson, was stepping down with immediate effect, without giving any further details. The company said Chief Financial Officer ...

  • easyJet Q3 revenue lower, sees uncertainty ahead Reuters - UK Focus - Thu, Jul 21, 2016 07:16 BST

    British low-cost airline easyJet reported an 8.3 percent drop in quarterly revenue per seat, broadly in line with an earlier warning over the impact of cancelled flights, and said that the outcome for ...

  • Can insurance help if you cancel a trip out of fear? Associated Press - Wed, Jul 20, 2016 22:16 BST
    FILE - In this Nov. 24, 2015 file photo, police officers patrol the Grand Place in central Brussels. Between terror attacks, Zika and mass shootings, there's lots of bad news about popular destinations around the world. Where does that leave travelers who may want to stay home instead of going through with a trip? It depends on the circumstances. Cancel-for-any-reason insurance is expensive to buy but provides refunds if you change your mind about a trip. Standard trip insurance may also cover cancellations to a destination hit by terrorism for a period of days following an attack. (AP Photo/Michael Probst, File)

    NEW YORK (AP) — Spooked by headlines about Zika, terrorism and mass shootings? Maybe the news is so bad you're ready to cancel your vacation and stay home. But can you recoup what you paid for flights, lodging, car rentals and tours?

  • Roland Head asks if Go-Ahead Group plc (LON:GOG), Restaurant Group plc (LON:RTN) and Tullett Prebon plc (LON:TLPR) could be profitable turnaround buys.

  • Wizz Air changes course on growth plans after Brexit vote Reuters - UK Focus - Wed, Jul 20, 2016 10:28 BST

    Eastern European-focused budget airline Wizz Air (LSE: WIZZ.L - news) said it would switch some of its planned expansion away from Britain because of the weakness in the pound following the vote to leave the European Union. "This is a translation, FX issue, not underlying volume demand and or a change in consumer behaviour," …

  • U.S. approves $785 mln bomb sale to UAE ally against Islamic State Reuters - UK Focus - Tue, Jul 19, 2016 23:06 BST

    State Department has approved the sale of $785 million in bombs to the United Arab Emirates for the U.S.-led campaign against Islamic State militants in Syria and Iraq, the Pentagon said on Tuesday. Washington views the UAE as an important Sunni Arab ally in the fight against Islamic State, a Sunni group that has taken …

  • Official: Hotel in France evacuated as man holes up inside Associated Press - Tue, Jul 19, 2016 16:10 BST

    PARIS (AP) — An armed man refusing to pay his bill has barricaded himself in his hotel room in southern France, prompting jittery authorities to evacuate the hotel.

  • Failed Turkish coup piles pressure on travel companies Reuters - UK Focus - Tue, Jul 19, 2016 14:31 BST

    ISTANBUL/BERLIN, July 19 (Reuters) - The attempted coup in Turkey last week has dealt another blow to the country's already weakened tourism industry and will weigh on profits of the nation's airlines and airports as well as tour operators serving the country, industry experts said. Turkey's tourism sector has taken a …

  • Forget your cash ISA with these dividend darlings! Fool.co.uk - Tue, Jul 19, 2016 10:03 BST

    Paul Summers explains why the low interest rate environment means that savers shouldn't hesitate to become investors.

  • Britain's FTSE hits 11-month closing high as ARM soars 41 pct Reuters - UK Focus - Mon, Jul 18, 2016 17:34 BST

    Britain's top equity index touched an 11-month closing high on Monday, boosted by a surge in shares of ARM Holdings after Japan's SoftBank Group agreed to buy the chip designer in a $32 billion cash deal. ...

  • Attacks, coup, Brexit spell summer chill for UK tour operators Reuters - UK Focus - Mon, Jul 18, 2016 15:33 BST

    UK travel stocks are sliding again as they face a perfect storm of political and security shocks that many predict will keep holidaying Britons at home for another year at least. The hopes of tour operators such as Thomas Cook that 2016 would see a pick-up in business have been dashed again as the British school holidays …

  • Are Aviva plc (LON: AV), Persimmon plc (LON: PSN) and easyJet plc (LON: EZJ) unmissable Brexit bargains now?

  • Wells Fargo agrees City of London office buy, shrugs off Brexit fear Reuters - UK Focus - Mon, Jul 18, 2016 13:28 BST

    Wells Fargo (Hanover: NWT.HA - news) has agreed to buy an 11-storey office development project in London's City financial district from HB Reavis, the U.S (Other OTC: UBGXF - news) . The purchase of the building at 33 Central, King William Street -- close to the Bank of England and the River Thames -- will allow Wells …

  • The dollar strengthened against the yen on Monday as investors unwound safety trades after a failed coup in Turkey, while SoftBank Group's $32 billion deal to buy British chip designer ARM Holdings lifted ...

  • Wells Fargo to Purchase New Building in London Business Wire - Mon, Jul 18, 2016 12:00 BST

    LONDON--(BUSINESSWIRE)-- Company will consolidate London-based team members into a single new location in city’s financial district Wells Fargo & Company (NYSE:WFC) announced today it has entered into ...

  • Britain's FTSE boosted by surge in ARM after SoftBank deal Reuters - UK Focus - Mon, Jul 18, 2016 09:35 BST

    UK shares opened higher on Monday, buoyed by a jump in ARM Holdings' after Japan's SoftBank Group Corp agreed to buy the British chip designer. SoftBank agreed a deal worth 24.3 billion pounds , sending ...

  • BUZZ-Thomas Cook: Bottom of the Stoxx on Turkey unrest Reuters - UK Focus - Mon, Jul 18, 2016 08:41 BST

    ** Tour operator Thomas Cook's shares down 5 pct, second-largest Stoxx 600 losers, after unrest in Turkey ** A fifth of co's daily avg vols gone through in little over half an hour of trade ** Turkey thwarted ...

  • 3 stocks with 20%+ upside Fool.co.uk - Mon, Jul 18, 2016 07:10 BST

    These three shares look set to rise by over 20%.

  • These 5 FTSE 100 stars are looking far too cheap! Fool.co.uk - Mon, Jul 18, 2016 07:00 BST

    Royston Wild reveals a cluster of FTSE 100 (INDEXFTSE: UKX) giants going at ridiculously low prices.

  • German airlines, tour operators resume holiday flights to Turkey Reuters - UK Focus - Sun, Jul 17, 2016 15:28 BST

    Lufthansa and tour operators Thomas Cook AG and TUI (LSE: 0NLA.L - news) resumed flights from Germany to Turkey on Sunday, where 200,000 Germans are on summer holiday, following the failed coup against President Tayyip Erdogan. Turkey widened a crackdown on suspected supporters of the military coup attempt, taking the …

  • Istanbul's airport reopens, flights resume after coup attempt Reuters - UK Focus - Sat, Jul 16, 2016 16:44 BST

    Turkish Airlines resumed flights from Istanbul's international airport on Saturday following a failed coup attempt while some foreign carriers cancelled weekend flights. Forces loyal to Turkey's government fought on Saturday to crush the last remnants of a military coup attempt. Television images late Friday had shown …

  • Dow ends big week of gains at fresh record AFP - Fri, Jul 15, 2016 23:37 BST
    Dow ends big week of gains at fresh record

    In the eurozone, Frankfurt's DAX 30 slipped 0.5 percent and the Paris CAC 40 shed 0.6 percent in value

  • The blue-chip FTSE 100 index was lower for most of the trading session before breaking a three-day losing streak to end the day 0.2 percent higher at 6,669.24 points. Travel and leisure companies were hit hard following the Nice attack, where a gunman at the wheel of a heavy truck ploughed into a crowd celebrating Bastille …

  • British holidaymakers hold off travel money buys as pound languishes Reuters - UK Focus - Fri, Jul 15, 2016 15:42 BST

    British travellers' appetite for dollars and euros has sunk in the three weeks since Britain voted to leave the European Union, as they seemingly wait as long as possible in the hope that the pound's exchange rate will rebound. Both Thomas Cook and Travelex said that travel money business had jumped in the run-up to last …

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