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Australia’s two million small businesses to use Siri for the first time to pay bills

February 20, 2017 Financial No Comments

In an Australian first, business banking is now as easy as “Hey Siri” with the latest customer release from SME mobile banking challenger, Tyro. … Continue Reading

Mantra Group Announces Results For The Half Year Ended 31 December 2016

February 20, 2017 Financial No Comments

Mantra Group Limited (Mantra Group) (ASX: MTR) today announced its half year results for the period ended 31 December 2016[1] reporting underlying Net Profit After Tax (NPAT)  of $31.8m, up $4.2m and 15.1% on H1FY2016 and underlying EBITDAI of $58.7m, up 10.3% (underlying results are the statutory results excluding transaction costs of $1.7m (H1FY2016: $4.8m) incurred in respect of acquisitions).  Four hotels were added to the network during the period.  … Continue Reading

Norwegian reports a net profit of more than 1.1 billion NOK (£109million) in 2016

February 18, 2017 Financial No Comments

Global expansion driven by new routes, high load factors and continued fleet renewal, contributed to Norwegian’s best ever annual result, with a net profit of 1,135 million NOK (£109 million). The load factor was 88 per cent. … Continue Reading

Hyatt Reports Fourth Quarter 2016 Results

February 18, 2017 Financial No Comments

Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) today reported fourth quarter 2016 financial results. Net income attributable to Hyatt was $41 million, or $0.31 per diluted share, in the fourth quarter of 2016, compared to $37 million, or $0.26 per diluted share, in the fourth quarter of 2015. … Continue Reading

Hilton Reports Fourth Quarter and Full Year Results; Achieves Record Pipeline and Net Unit Growth for the Year

February 17, 2017 Financial No Comments

Hilton Worldwide Holdings Inc. (“Hilton,” or the “Company”) (NYSE: HLT) today reported its fourth quarter and full year 2016 results. The Company completed the spin-off of Park Hotels & Resorts Inc. (“Park”) and Hilton Grand Vacations Inc. (“HGV”) (the “spin-offs”) in January 2017. … Continue Reading

Marriott International Reports Fourth Quarter 2016 Results

February 17, 2017 Financial No Comments

On September 23, 2016, Marriott completed its acquisition of Starwood Hotels & Resorts Worldwide (Starwood). The discussion in the first section below reflects reported results for the fourth quarter in accordance with US generally accepted accounting principles (GAAP).  … Continue Reading

Vibe and WEX Announce Virtual Payments Agreement

February 17, 2017 Financial No Comments

WEX Inc. a leading provider of corporate payment solutions, today announced a new agreement with Vibe Systems Ltd. Vibe delivers advanced front and mid office technology to travel businesses, such as online travel agencies, retail agencies, travel management companies and consolidators. … Continue Reading

Serko Enters World of Virtual Card Payments

February 16, 2017 Financial No Comments

Serko Ltd.  A leader in online travel booking and expense management for business, announced a new partnership with Conferma, the leader of virtual card services, that will give users of Serko Online the option to pay for business travel using Virtual Cards. … Continue Reading

Sabre Reports Quarterly and Full Year Financial Results

February 15, 2017 Financial No Comments

Global travel technology leader Sabre Corporation (NASDAQ: SABR) recently reported its fourth quarter and full year 2016 financial results, which also gave new CEO Sean Menke an opportunity to share with investors his view on the company’s focus and opportunities. … Continue Reading

Australian Banks Tell Apple – It’s Not About Your Fees, It’s About Access to NFC

February 14, 2017 Financial No Comments

The following is a press release from Bendigo and Adelaide Bank, Commonwealth Bank of Australia, National Australia Bank, and Westpac. … Continue Reading

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