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The Rough Guide to Naples & the Amalfi Coast
HEK=> =K?:;I J>;HEK=>=K?:;je CVeaZh i]Z6bVaÒ8dVhi D7FB;IJ>;7C7B<?9E7IJ 7ZcZkZcid BdcYgV\dcZ 8{ejV HVc<^dg\^d 8VhZgiV HVciÉ6\ViV YZaHVcc^d YZ^<di^ HVciVBVg^V 8{ejVKiZgZ 8VhiZaKdaijgcd 8VhVaY^ Eg^cX^eZ 6g^Zcod / AV\dY^EVig^V BVg^\a^Vcd 6kZaa^cd 9WfeZ_Y^_de CdaV 8jbV CVeaZh AV\dY^;jhVgd Edoojda^ BiKZhjk^jh BZgXVidHVcHZkZg^cd EgX^YV :gXdaVcd Fecf[__ >hX]^V EdbeZ^ >hX]^V IdggZ6ccjco^ViV 8VhiZaaVbbVgZY^HiVW^V 7Vnd[CVeaZh GVkZaad HdggZcid Edh^iVcd HVaZgcd 6bVa[^ 8{eg^ <ja[d[HVaZgcd 6cVX{eg^ 8{eg^ CVeaZh I]Z8Vbe^;aZ\gZ^ Hdji]d[CVeaZh I]Z6bVa[^8dVhi I]Z^haVcYh LN Cdgi]d[CVeaZh FW[ijkc About this book Rough Guides are designed to be good to read and easy to use. The book is divided into the following sections, and you should be able to find whatever you need in one of them. The introductory colour section is designed to give you a feel for Naples and the Amalfi Coast, suggesting when to go and what not to miss, and includes a full list of contents. Then comes basics, for pre-departure information and other practicalities. The guide chapters cover the region in depth, each starting with a highlights panel, introduction and a map to help you plan your route. Contexts fills you in on history, books and film while individual colour sections introduce Neapolitan cuisine and performance. Language gives you an extensive menu reader and enough Italian to get by. 9 781843 537144 ISBN 978-1-84353-714-4 The book concludes with all the small print, including details of how to send in updates and corrections, and a comprehensive index. -
André Rieu & the Johann Strauss Orchestra
2021 CONCERT BREAKS BY AIR OR EUROSTAR™ André Rieu & the Johann Strauss Orchestra The Vrijthof Concerts, Maastricht 2021 André Rieu – The Vrijthof Concerts, Maastricht 2021 Introduction 5 Three-day Air-Inclusive 6 Where stories begin Five-day Air-Inclusive 7 Three-day Eurostar-Inclusive 8 Five-day Eurostar-Inclusive 9 Optional Cruise Excursions 10 Maastricht 11 Important Information & Travel Insurance 12 PriorityHow Booking to Book Line 0330 160 7844 Opening Hours: Monday-Friday: 9am-6pm, Saturday: 9am-4pm, Sunday: 10am-3pm Book Online www.newmarketholidays.co.uk/rieu André Rieu & the Johann Strauss Orchestra The Vrijthof Concerts, Maastricht 2021 Each year André Rieu, the ‘Waltz King of Europe’, performs a series of concerts in his hometown of Maastricht in The Netherlands. The Vrijthof concerts, set amongst the cultural backdrop of this beautiful town, have become one of the most popular concerts in his yearly schedule. Acknowledged as one of the world’s greatest living musical legends, Dutch-born André Rieu was classically trained, and is now an accomplished violinist, an excellent conductor and a truly great showman. With his orchestra, choir, soloists and special guests he brings a delightful and innovative approach to his concerts, recreating the atmosphere of 19th-century Viennese Dance Halls. Rapt audiences sway with the music, hum along and even dance in the aisles – it all happens! During the concert – the highlight of each break – you will hear music from across André’s repertoire, from his first major hit album, ‘Strauss & Co’ to his latest release, ‘Happy Days’, celebrating his 70th Birthday’. It will be a wonderful not-to-be-missed experience! Air & Eurostar™ Inclusive Breaks available We are delighted to offer four travel package options to see the great man perform in his hometown. -
Annual Report of the Tui Group 2019 2019 Annual Report of the Tui Group 2019 Financial Highlights
ANNUAL REPORT OF THE TUI GROUP 2019 2019 ANNUAL REPORT OF THE TUI GROUP THE OF REPORT ANNUAL 2019 FINANCIAL HIGHLIGHTS 2019 2018 Var. % Var. % at adjusted constant € million currency Turnover 18,928.1 18,468.7 + 2.5 + 2.7 Underlying EBITA1 Hotels & Resorts 451.5 420.0 + 7.5 – 4.9 Cruises 366.0 323.9 + 13.0 + 13.2 Destination Experiences 55.7 45.6 + 22.1 + 20.4 Holiday Experiences 873.2 789.5 + 10.6 + 3.6 Northern Region 56.8 278.2 – 79.6 – 77.1 Central Region 102.0 94.9 + 7.5 + 7.0 Western Region – 27.0 124.2 n. a. n. a. Markets & Airlines 131.8 497.3 – 73.5 – 72.2 All other segments – 111.7 – 144.0 + 22.4 + 18.5 TUI Group 893.3 1,142.8 – 21.8 – 25.6 EBITA2, 3 768.4 1,054.5 – 27.1 Underlying EBITDA3, 4 1,359.5 1,554.8 – 12.6 EBITDA3, 4 1,277.4 1,494.3 – 14.5 EBITDAR3, 4, 5 1,990.4 2,215.8 – 10.2 Net profi t for the period 531.9 774.9 – 31.4 Earnings per share3 in € 0.71 1.17 – 39.3 Equity ratio (30 Sept.)6 % 25.6 27.4 – 1.8 Net capex and investments (30 Sept.) 1,118.5 827.0 + 35.2 Net debt / net cash (30 Sept.) – 909.6 123.6 n. a. Employees (30 Sept.) 71,473 69,546 + 2.8 Diff erences may occur due to rounding. This Annual Report 2019 of the TUI Group was prepared for the reporting period from 1 October 2018 to 30 September 2019. -
Annual Report 2017 Contents & Financial Highlights
ANNUAL REPORT 2017 CONTENTS & FINANCIAL HIGHLIGHTS TUI GroupFinancial 2017 in numbers highlights Formats The Annual Report and 2017 2016 Var. % Var. % at the Magazine are also available online € 18.5 bn € 1,102.1restated m constant € million currency Turnover 18,535.0 17,153.9 + 8.1 + 11.7 Underlying EBITA1 1 1 + 11.7Hotels & %Resorts + 12.0356.5 % 303.8 + 17.3 + 19.2 Cruises 255.6 190.9 + 33.9 + 38.0 Online turnoverSource Markets underlying526.5 554.3 – 5.0 – 4.0 Northern Region 345.8 383.1 – 9.7 – 8.4 year-on-year Central Region 71.5 85.1 – 16.0 – 15.8 Western Region EBITA109.2 86.1 + 26.8 + 27.0 Other Tourism year-on-year13.4 7.9 + 69.6 + 124.6 Tourism 1,152.0 1,056.9 + 9.0 + 11.2 All other segments – 49.9 – 56.4 + 11.5 + 3.4 Mobile TUI Group 1,102.1 1,000.5 + 10.2 + 12.0 Discontinued operations – 1.2 92.9 n. a. Total 1,100.9 1,093.4 + 0.7 http://annualreport2017. tuigroup.com EBITA 2, 4 1,026.5 898.1 + 14.3 Underlying EBITDA4 1,541.7 1,379.6 + 11.7 56 %EBITDA2 4 23.61,490.9 % ROIC1,305.1 + 14.2 Net profi t for the period 910.9 464.9 + 95.9 fromEarnings hotels per share4 & € 6.751.36 % WACC0.61 + 123.0 Equity ratio (30 Sept.)3 % 24.9 22.5 + 2.4 cruisesNet capex and contentinvestments (30 Sept.) 1,071.9 634.8 + 68.9 comparedNet with cash 30 %(302 at Sept.) time 4of merger 583.0 31.8 n. -
Last Year's Heavy Snow Has Reignited Buyers' Interest in Ski Resorts, Says
Client: APS Select Yellow News Source: The Times Date: 07/12/2018 Page: 12 Reach: 450064 Value: 29504.64 Snowball effect: Brits return to the Alps Last year’s heavy snow has reignited buyers’ interest in ski resorts, says Ben Clatworthy now is falling on the led to a surge in inquiries about being hit by the double whammy of the mountains of Europe and properties for sale in the past 12 months, financial crash in 2008, and the election the US, and resorts are according to estate agents. in 2012 of François Hollande, who raised firing up their lifts as the ski Prime property prices remain strong taxes for high earners. season gets under way. The in Alpine resorts, with notable growth In Les Gets, a pretty resort linked arrival of winter has been in France, according to Knight Frank’s to the Portes du Soleil ski area and Skeenly anticipated after last annual ski index, which monitors the close to Geneva, the Residence Stella year’s record-breaking prices of a four-bedroom chalet in development is close to the lifts and snowfalls, which broke a run of three 16 French and Swiss resorts. Val d’Isère comprises 63 one to five-bedroom flats, disastrous seasons that put the brakes on tops the French chart with 3 per cent starting at €479,000 (£427,000) through buyer interest and damaged consumer price growth in the past year, followed Erna Low Property, although they are sentiment. Fears also linger over a messy by Chamonix (2.3 per cent) and not due to complete until 2020. -
Jclettersno Heading
.HERITAGE RAILWAY ASSOCIATION. Established HRA member, Severn Valley Railway, held a press event to mark it being joint winner of the HRA Annual Award (large groups). The Award was presented by Vice Chairman, Mark Smith. (photo Severn Valley Railway) New HRA applicant, the National Wagon Preservation Group, held a Members/Media Day at the Chasewater Railway on Saturday 19th March 2016 (photo John Crane) SIDELINES 144 APRIL 2016 HRA CONTACT EXTENSIONS AG 06.06.2014 v3.1 Main Number: 0800 756 5111 Contact number for mobiles (diverts to main): 01924 918180 Directors Carriage Restoration (Michael Cope) 333 Brian Simpson 904 Chairman Corporate Membership (Steve Wood) 421 Mark Smith 902 Vice Chairman Environmental Adviser (Tony Tomkins) 413 (Business Development Acting) Finance & Accounts (Ian Leigh) 422 Peter Ovenstone 331 Company Secretary (Heritage & Scottish) Finance Directors Group (Robert Raynor) 302 Ian Leigh 422 Finance Director Friends of HRA (Alan Saunders) 423 General Meetings (Bill Askew) 427 Richard Barnes 310 (Mutual Insurance) Guidelines (Bill Hillier) 431 Geoffrey Claydon 903 (Legal & Parliamentary & Heritage Tramways) Heritage (General) (Peter Ovenstone) 331 John Crane 702 (Sidelines & Broadlines) Heritage Tramways (James Hammett) 530 Hugh Harkett 705 HRA Ireland (liaison-Steve Wood) 421 Internet/HRA Website 320 Bill Hiller 431 (Operating & Safety & Rail Cableways) InterRail Scheme (Mark & Sonia Dewell) 425 David Morgan 901 Legal & Parliamentary Affairs (Chris Austin) 410 Jenny Nunn 223 Lottery Grant Advice (Helen Ashby) 334 -
Thomas Cook (India) 4Th June 2018
Institutional Equities Thomas Cook (India) 4th June 2018 Reuters: THOM.NS; Bloomberg: TC IN Prudently Travelling Through The Growth Path BUY Thomas Cook (India) or TCIL is an asset-light, high-FCF and RoIC business growing in mid- teens on the back of constant product innovation and diversified revenue streams. We believe Sector: Tourism TCIL is a long-term compounding story and thus initiate coverage on it. At the current stock price, the market has ignored the legacy travel and forex business which continues to grow CMP: Rs271.60 well. Secular growth in tourism backed by improving disposable income, stable economic Target Price: Rs350 growth and efficiency gains should increase revenues/EBIT by 15%/34% CAGR, respectively, over FY18-FY21E for travel, forex and vacation ownership business. Additionally, the Upside: 29% company’s reasonable acquisition track record while maintaining a rock-solid balance sheet is a free option at this price. We expect the stock to continue its upward march and have Mohit Khanna assigned Buy rating to it with target price of Rs350, representing a 29% upside. Research Analyst Secular growth in tourism: India’s inbound/outbound/forex volume growth in 2017 has increased to [email protected] 16%/11%/17% vs. last ten-year CAGR of 7%/10%/15%, respectively. However, India’s share in the global tourism pie is still dismal at 1.2%/1.5%/1.9% for inbound/outbound/forex volume, respectively. +91-22-6273 8089 This indicates vast headroom to grow. There are multiple ways to play the tourism growth theme including hotels and airlines. -
2009-Fall-Dividend.Pdf
dividendSTEPHEN M. ROSS SCHOOL OF BUSINESS AT THE UNIVERSITY OF MICHIGAN Thrown to the (Detroit) Lions Team President Tom Lewand, MBA ’96, Tackles the Ultimate Turnaround PLUS Financial Reform: Regulation vs. Innovation Directing New Business at Cleveland Clinic FALL 09 Solve the RIGHT Problems The Ross Executive MBA Advanced leadership training for high-potential professionals • Intense focus on leadership and strategy • A peer group of proven leaders from many industries across the U.S. • Manageable once-a-month format • Ranked #4 by BusinessWeek* • A globally respected degree • A transformative experience To learn more about the Ross Executive MBA call 734-615-9700 or visit us online at www.bus.umich.edu/emba *2007 Executive MBA TABLEof CONTENTS FALL 09 FEATURES 24 Thrown to the (Detroit) Lions Tom Lewand, AB ’91/MBA/JD ’96, tackles the turn- around job of all time: president of the Detroit Lions. 28 The Heart of the Matter Surgeon Brian Duncan, MBA ’08, brings practical expertise to new business development at Cleveland Clinic. 32 Start Me Up Serial entrepreneur Brad Keywell, BBA ’91/JD ’93, goes from odd man out to man with a plan. Multiple plans, that is. 34 Building on the Fundamentals Mike Carscaddon, MBA ’08, nails a solid foundation in p. 28 international field operations at Habitat for Humanity. 38 Adventures of an Entrepreneur George Deeb, BBA ’91, seeks big thrills in small firms. 40 Re-Energizer Donna Zobel, MBA ’04, revives the family business and powers up for the new energy economy. 42 Kickstarting a Career Edward Chan-Lizardo, MBA ’95, pumps up nonprofit KickStart in Kenya. -
Ask Arthur Frommer: and Travel Better, Cheaper
ASK MILLIONS OF TRAVELERS HAVE LEARNED TO ASK ARTHUR FROMMER Arthur Frommer Ask Arthur Frommer is a condensed encyclopedia of smart travel. It answers nearly every major question, discusses every major issue, covers every step of travel, reduces every travel expendi- ture, and shows you: • How to get there in the most effi cient and economical ASK way, whether your destination is at home or abroad Arthur Frommer • Where to stay and where to eat in whatever city or other location you select & travel better, cheaper, smarter • How to maximize the enjoyment of your trip and reduce your expenses • How to overcome scores of obstacles or problems • How to make the best, most cost-effective use of travel literature and the Internet The book also contains Arthur Frommer’s outspoken (and entertaining) comments on travel issues and controversies. Like any encyclopedia, it is a standard reference work to be & consulted every time you contemplate a trip or are looking for vacation suggestions. Ask Arthur Frommer is an indispensable travel part of anyone’s travel library. better, cheaper, $19.99 USA/$23.99 CAN/£13.99 UK ssmartermarter Find great deals, the latest travel news, trip ideas, and more at Frommers.com The ultimate travel guide that answers every major question by Arthur Frommer 01_418499-ffirs.indd i 2/25/09 10:22:29 PM Published by: WILEY PUBLISHING, INC. 111 River St. Hoboken, NJ 07030-5774 Copyright © 2009 Wiley Publishing, Inc., Hoboken, New Jersey. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, 978/750-8400, fax 978/646- 8600. -
What Is Sustainable Tourism?
WWW.BLUEANDGREENTOMORROW.COM JANUARY 2014 1 EDITOR’S LETTER “Travel makes one modest, you see what a tiny place you occupy in the world.” Gustave Flaubert e’re kicking off 2014 with On World Tourism Day 2013, UN secretary-general the third annual edition of Ban Ki-moon said the industry was “especially The Guide to Sustainable well-placed to promote environmental sustainability, Tourism, and this year it’s more green growth and our struggle against climate change comprehensive than ever. through its relationship with energy”. We have some fascinating After revealing that over a billion people now travel Wfeatures on holidaying at home and abroad; in bustling across international borders annually – a huge 4,000% urban centres and quiet rural communities. At a time increase on the 25 million who travelled to foreign when economic, social and environmental pressures lands in the 1950s – he added, “Imagine what one act are at the forefront of many people’s minds at home, multiplied by one billion can do.” it is wrong to think tourism can be ignored in the essential shift to sustainability. And so, I hand over to you – the reader, the tourist, the traveller, the intrepid explorer, the potential agent Going to foreign places and not upholding the same of change. Don’t stick with the status quo; make your high environmental standards you may do at home, travel different and better. such as recycling, not treating the people you meet with respect and leaving your holiday destinations in Experience the wonderful sites you’ve always wanted a poorer social or economic position than you found it to, but do it in a way that balances the real needs of the are all immoral and unsustainable in the long-term. -
Writing About Rail Travel to European Ski Resorts
SKI: ITALY || 7 11.01.09 | ESCAPE BY TRAIN BY PLANE Daniel Elkan relaxes on the TGV to Oulx station near Sauze, while Grant caught an early fl ight. Main photograph by Francesco Falcone The great race to the Alps It’s more eco-friendly to take the train than fl y, but can it also be faster?Daniel Elkan challenges a friend to be fi rst to the piste in Italy n a long journey to the Alps fl ight. Meanwhile, I don’t have to leave He’s lucky – that’s exactly on time. for a restorative steak-frites and glass of delayed 25 minutes while the r several years ago, as my the house until 7.35am for the simple (Damn!) My journey is going equally rouge at the L’ Express Bleu caf e. lantly search for him. It finally leaves Oexhausted head rattled against journey across town to St Pancras. The smoothly – eight minutes later my 5.15 My TGV departs, full of people seven hours after Grant set out . At the window of a transfer Eurostar requires you to arrive only 30 Eurostar arrives at Paris Gare du Nord. reading, studying, tapping at laptops point my train is speeding towards mist- coach, it dawned on me that an alterna- minutes before departure and check-in I need to head across Paris to the Gare or playing cards, while toddlers scrawl covered Lac du Bourget . tive might exist. As the coach climbed and security takes me just 10 minutes. de Lyon from where my TGV departs. -
The U.S. and the European Cruise Industry a Comparative Study
The U.S. and the European cruise industry a comparative study by Mareike L. Hilbig Msc International Business and Management July 2009 Rijksuniversiteit Groningen Faculty of Economics and Business Supervisor: Drs. Stek, H. C. Referent: drs. Vries, R. W. de ABSTRACT This thesis comprises a comparative industry analysis of the U.S. and European cruise industry. The extent to which the two industries show differences concerning their level of competition is researched. Porter’s Five Forces Model served as the theoretical framework. Profile charts of both cruise industries derived from detailed analyses, which revealed that the U.S. and European cruise industry only differ to a marginal extent. Key words: comparative industry analysis; level of competition; Porter’s Five Forces Model; cruise industry. 2 TABLE OF CONTENTS Referent: drs. Vries, R. W. de .............................................................................................. 1 ABSTRACT ............................................................................................................................ 2 This thesis comprises a comparative industry analysis of the U.S. and European cruise industry. The extent to which the two industries show differences concerning their level of competition is researched. Porter’s Five Forces Model served as the theoretical framework. Profile charts of both cruise industries derived from detailed analyses, which revealed that the U.S. and European cruise industry only differ to a marginal extent. ....................................................................................................................