UK airports hide huge traffic shift in records
THE NEWS: UK airports handled more than 81 million passengers in the second quarter (April‑June), an increase of almost 123,000 passengers...
Read moreDetailsShangri-la Finds New Life In Tourism Industry Rebound – H World Group (NASDAQ:HTHT)
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Key Takeaways:
- Shangri-la earned a profit of $184 million last year and distributed a dividend of HK$0.15 per share to celebrate its return to the black after three years of losses
- The Hong Kong-listed hotel operator expects its next growth driver to come from a pickup in Chinese traveling abroad
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By Lau Chi Hang
As the global economy stumbles its way back to post-pandemic health, tourism stands out as a surprising bright spot that has rebounded much more strongly. High-end hotel…
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