TODAY: Cautious optimism extends into 2019 - Airlines heading for a decade in the black and the importance of understanding the profit and loss statements.

Cautious optimism extends into 2019 - Airlines heading for a decade in the black
Friday, 14th December 2018

Lower oil prices and solid, albeit slower, economic growth (+3.1%) are extending the run of profits for the global airline industry, after profitability was squeezed by rising costs in 2018.

It is expected that 2019 will be the tenth year of profit and the fifth consecutive year where airlines deliver a return on capital that exceeds the industry’s cost of capital, creating value for its investors. >>

Ctrip extends its leisure platform to empower small players
14 Dec 2018 : Under the strategy, tour operators, segmented destination service suppliers and individual service providers will be the major target users >>

European outbound travel grows by five per cent
14 Dec 2018 : Spain has been unable to maintain its strong growth of international visitors of recent years, while Turkey is attracting more holidaymakers again >>

HIGHLIGHT ARTICLE

The Importance of Understanding the Profit and Loss Statements.
Friday, 14th December 2018

Hotel Management isn’t merely about strategy. There are many layers, each of which require your undivided attention. Human resources, operations, budgeting, and income and cost control are but a few areas which necessitate focus, as well as the requisite knowledge and skill.

But how can you efficiently assess the business areas that generate maximized profits? >>

Why All the Appellations, Bordeaux?
Jean-Marie Cardebat, wine economics professor at the Université de Bordeaux, director of its finance and economics research center (Larefi), and affiliate professor at INSEEC Business School, spoke recently on the sidelines of a wine and hospitality management forum at EHL about issues currently affecting Bordeaux wine producers >>

Hotel Metasearch Handbook
We're excited to bring you our report on the past, present and future of hotel metasearch: This publication provides hoteliers with insightful perspectives from industry insiders >>

Why We Need to Build Trust in Hospitality as a Real Career Choice
With tourist arrivals shattering records in Australia, you could do worse than a career in hospitality: If you’re the right kind of person, there might just be nothing better >>