TUI Travel has acquired Seattle-based Starquest Expeditions, a luxury adventure travel operator, for an undisclosed amount. Starquest, which was founded in 2003, specializes in private jet tours with an average ticket price of $50,000 per passenger.
The Spanish hotel firm Playa Hotels & Resorts is pumping $14 million into a renovation program at the Barceló Punta Cana Resort in the Dominican Republic.
The Hyatt Regency in Grand Cayman will no longer operate and manage the Rum Point attraction on North Sound, effective November 1.
Cuba lost $1.9 billion this year due to the suspension of service of Pullmantur’s Holiday Dream, which stopped operating when Royal Caribbean Cruises bought the company last year, according to a report by Latin American news agency Prensa Latina.
Banamex, the Mexican banking arm of Citigroup, and a group of Mexican investors have just made an offer for Aeromexico.
Even after its integration into the Air Berlin Group, LTU has continued to fly under its traditional logo on long-haul flights. However, in the near future, LTU’s medium- and long-haul business flights will be operated under the Air Berlin brand. Although LTU will remain a legally independent company under the Air Berlin PLC umbrella, it will be marketed entirely via Air Berlin.