Meridien is back on the market again

Article Abstract:

The recent purchase of leading UK hotel chain Forte by leisure conglomerate Granada will prompt the sale of Meridien, the luxury hotel subsidiary of Air France purchased by Forte in 1994. Granada will retain Forte's Posthouse and Travelodge brands, which focus on the budget and mid-market sectors, but will sell off Forte's more upmarket operations. The Meridien chain now covers 85 properties, and is valued at 714 million pounds sterling.

Hotels & Motels, Hotels (except Casino Hotels) and Motels, Hotels and motels, Mergers, acquisitions and divestments, Hospitality industry, Societe des Hotels Meridien, Forte Ltd.

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Price war may herald new era on channel

Article Abstract:

Eurotunnel has slashed summer season prices by 60% to 49 pounds sterling for an economy day-trip and 129 pounds for a standard economy return. The discounted fares are effective until the end of August. Eurostar passenger rail link prices have also been reduced. It is suggested that the discounts are being offered in an attempt to boost market share. Ferry operators have responded to the discounts with their own special offers.

Railroad Passenger Operations, Line-Haul Railroads, Railroads, line-haul operating, Passenger rail services, Prices and rates, Railroad travel, Eurotunnel PLC

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BM moves to a higher plane: British Midland, which claims it is the airline for Europe, has just announced a services upgrade to help it compete in the free European aviation market from next April

Article Abstract:

British Midland chairman Sir Michael Bishop believes that changes will take place incrementally in the lead up to the promised EU wide liberalisation of air travel in 1997. The airline is upgrading its services for the European business traveller and plans two further lounges at Heathrow, with self service check-ins at its main hubs. Future aims are to continue operating at least one new service each year.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Management, Airlines, British Midland Airways Ltd.

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