A top official in the airline industry in Guyana has issued a strong call for a single Caribbean airspace to help address the air transport woes facing the region. Executive of the Aircraft Owners Association of Guyana (AOAG) Michael Correia, while addressing a function last week, made a direct call to Caribbean Community (CARICOM) Chairman President Bharrat Jagdeo and the Community’s Secretary General, for the establishment of a proper regional aviation network to help address what he describes as the current ‘airlift woes’ of the region.

Greece said on Tuesday it is inviting would-be investors to bid for a concession to build and manage a 1 billion euro airport on the resort island of Crete. The Greek government will contribute 220 million euros ($315.9 million) towards construction of the new facility at Kastelli, which will replace the existing airport at Heraklion, Crete’s biggest city, Environment Minister George Souflias said in a statement.

Regal Hotels International Limited (Regal) and Bosideng Holdings Limited (Bosideng) entered into a hotel management agreement entrusting Regal to manage a five-star luxury property for Bosideng in Dezhou, Shandong Province, China. This management project signifies another major step forward for Regal in the continuing expansion of its hotel network in China.

The economic and travel slump has prompted hoteliers here to offer travel promotions, value-adds and targeted discounts, in some cases reaching consumers that might not have considered a vacation on Bermuda.

Travel Agent is seeing a lot of special agent rates being offered by Caribbean resorts, a trend we don’t expect to die down anytime soon.

Americans with "close relatives" in Cuba can visit the island as long and often as they would like under new rules, the U.S. Treasury said yesterday. The rules, effective immediately, fleshed out an announcement by Barack Obama, the U.S. President, in April to ease the U.S. trade embargo enforced on Cuba half a century ago.