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The CRISIL credit rating rationale has assigned Thomas Cook India (TCIL) corporate credit rating of ‘CCR AA-’. Additionally, CRISIL has reaffirmed its ratings on the debt programmes and bank facilities of TCIL at ‘CRISIL AA-/Stable/CRISIL A1+’. This announcement further reflects that the ratings of TCIL. remain unaffected as the bankruptcy of…

Vietnam Airlines has emerged as the first carrier in Asia Pacific to leverage the loyalty redemption solution, Sabre Dynamic Rewards, technology provider Sabre Corporation has announced. The airline is upscaling its Lotusmiles loyalty programme and delivering an optimised offering to its customers.Equipped with new ways to redeem rewards…

RoomIt by CWT, the global hotel distribution division of CWT, announced new strategic partnerships with multiple global hotel guest acquisition platforms. SiteMinder and Vertical Booking are now joined by RateGain and RateTiger by eRevMax as part of RoomIt’s growing channel manager programme. The partnerships provide business travellers with…

Hard Rock International has released an official statement regarding the deadly construction collapse in New Orleans which killed two people and left more than 20 injured.