Pricewaterhousecoopers News

PwC: Aviation profitability stable in 2013

PwC: Aviation profitability stable in 2013

28th Jun 2013 in Focus

Revenue growth has recovered to pre-recession levels and the US airline industry is expected to maintain profitability in 2013, according to Tailwinds, a report on the airline industry from PwC. However, while the industry has become better at managing capacity and generating ancillary revenues, it faces rising costs for fuel, labour and maintenance. → Read More

Hotel insolvencies hit record levels

Press Release | 27th Apr 2009 in Hotel News

The number of hotel insolvencies in the first quarter rose by almost 20 percent on the previous quarter and by 188 percent on a year-on-year basis, according to new figures from PriceWaterhouseCoopers.A total of 46 UK hotel businesses went into administrators between January to March. The biggest casualty was Real Hotel Company, although most of the group’s 40 hotels have been bought from administration. → Read More

Travel suppliers fighting back in online battle

Press Release | 21st Nov 2007 in Travel Technology News

The online travel market is experiencing an evolution with the balance of power shifting over the past 12 months from online agencies to the suppliers, according to PricewaterhouseCoopers LLP. → Read More

Online travel industry heading for slow down

Press Release | 15th Dec 2006 in Travel Technology News

The online travel industry could be heading towards a serious slow-down   due to consumers’ desire to hunt for the cheapest priced holiday,  according to the latest research by PricewaterhouseCoopers LLP. → Read More

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