Philippines reports 5.44 million tourist arrivals for 2024
The Philippines received approximately 5.44 million tourist arrivals for the full length of 2024, showing an increase of 8.7 percent from the end of 2023. According to the report issued
Israel’s El Al shows a second-quarter net profit of USD 147 million
El Al Israel Airlines (ELAL.TA) reported a nearly 150% jump in profit, taking advantage of its near-monopoly status with many foreign carriers having cancelled flights amid the war in Gaza and raising clients’
Vacasa secures $30 million
Vacation rental management firm Vacasa has successfully raised $30 million, with an additional $45 million available, through senior secured convertible notes provided by an affiliate of Davidson Kempner Capital Management.