The recent acquisition of the Carlson Leisure Group (CLG) by the Travel Acquisitions Group (TAG), dealt a body blow to prophets of doom for the travel agency industry. A second blow is this week’s appointment of Lehman Brothers veteran J.D. O’Hara, who will serve as TAG’s new senior vice president of corporate development.

The cost of business travel from the UK is likely to rise this year, a leading travel management company has warned. The prediction came from Hogg Robinson Group with the release of its 2007 Hotel Survey.

The cost of business travel from the UK is likely to rise this year, a leading travel management company has warned. The prediction came from Hogg Robinson Group with the release of its 2007 Hotel Survey.

International Air Transport Association’s (IATA) Cyriel Kronen-burg wants Caribbean governments to eliminate surcharges, implement independent economic regulations and adopt a regional approach to the aviation industry.

International Air Transport Association’s (IATA) Cyriel Kronen-burg wants Caribbean governments to eliminate surcharges, implement independent economic regulations and adopt a regional approach to the aviation industry.

Sol Melia has announced company results for the financial year 2007 including a net profit of 161.9 million euros. Revenues increased by 7.2 percent to 1,347 million euros and EBITDA, although affected negatively by the devaluation of the dollar, rose to 349 million euros, a 7.1 percent increase over 2006.