SWISS posts earnings of CHF 578 million for 2019

SWISS generated altered earnings prior to curiosity and taxes (Modified EBIT) of CHF 578 million for 2019 (prior year: CHF 636 million), and thus once more reached its target of a double-digit Modified EBIT margin. Overall revenues for the year amounted to CHF 5.33 billion, broadly in line with the CHF 5.thirty billion of 2018. In check out of the drastic decline in bookings in the very last couple months as a result of raising journey limits and border closures, SWISS is suffering from substantial earnings losses in 2020. Short-time period measures to safeguard the company’s liquidity are now the

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Dubai welcomes record tourism arrivals in 2019 | News

Dubai welcomed a file sixteen.seventy three million vacationers in 2019, up five.1 for every cent on 2018.

The advancement was pushed by expanding numbers of Chinese, Russian and Omani website visitors.

The emirate – which will this 12 months host Expo 2020 – has established a concentrate on of 20 million vacationers for 2020.

“While the global economy remains in a state of flux, we can clearly see an fascinating possibility to even further grow Dubai’s dominance in the tourism field in 2020,” said Dubai Tourism main Saeed al-Marri.

Indian vacationers topped arrivals very last 12 months, with virtually two

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Hawaii Visitors Spent Nearly $18 billion in 2019

Hawaii site visitors to islands expended $seventeen.seventy five billion in 2019, an enhance of 1.four % compared to 2018, in accordance to preliminary yr-conclude data produced now by the Hawaii Tourism Authority. Customer paying involves lodging, interisland airfare, purchasing, meals, motor vehicle rental and other bills although in Hawaii.

Spending by site visitors produced $2.07 billion in state tax profits in 2019, an enhance of $28.5 million (+1.four%) from 2018. Moreover, 216,000 work statewide were supported by Hawaii’s tourism industry in 2019.

Tourism pounds from the Transient Lodging Tax
(TAT), which site visitors shell out when they remain in authorized

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