First Choice Holidays posted underlying loss before tax of £82.5 million (it peaked £76.5 million in 2006) due to higher financing cost resulting from increased spend on acquisitions in the six months to April 30.

In advance of Carnival Corp.’s second quarter 2007 earnings call on June 19, Bank of America analyst Michael Savner said that Carnival’s results would “reflect current weakness in the Caribbean”.

Ryanair has posted a 33 percent jump in annual net profits, pushed up by higher ticket prices. However, profit growth is predicted to slow as higher UK interest rates prompt travelers to seek cheaper deals.

Summer travelers might be wary of planning trips to the Caribbean in the off chance that a tropical storm or hurricane might affect their stay.

Sol Melia has announced financial results for the first quarter of the year this morning showing revenues of 290 million euros, up 6 percent higher than the same period in the previous year, largely due to the positive performance of city hotels in Spain and Europe and the hotels in the Dominican Republic and Sol Melia Vacation Club.

Expedia has signed a new five-year strategic partnership with low-fare carrier JetBlue Airways Corporation, under which all of JetBlue’s published fares, schedules and inventory are now available to leisure and unmanaged business travelers through Expedia.com and Hotwire.