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FTSE 100 gains but off highs, sterling jumps and British Airways owner IAG ups guidance

FTSE 100 firms but off highs, sterling advances British Airways owner, IAG, raises profit guidance US futures higher ahead of jobs report 1.01pm: US futures. ....

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Holiday Inn owner IHG finds rebound key over Spring Break

By Shanima A (Reuters) -Holiday Inn owner IHG said on Friday that pent-up demand and more hotel stays during the U.S. Spring Break lifted occupancy rates ....

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Holiday Inn owner sees busy U.S. summer as demand returns - Netscape Money & Business

Holiday Inn owner sees busy U.S. summer as demand returns
By Muvija M
Reuters
(Reuters) -Holiday Inn owner IHG said on Friday demand was coming back strongly and forecast a busy U.S. summer season as travellers take advantage of an easing of coronavirus lockdowns.
COVID-19 vaccinations and the relaxing of restrictions in regions including the United States, IHG s biggest market, have offered respite after a painful 2020, as has a trend to holiday closer to home in some of the company s largest locations.
There is clear evidence from forward-bookings data of further improvement as we look to the months ahead, Chief Executive Keith Barr said. ....

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IHG says bookings signal further pick-up on summer demand

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Airlines and travel stocks surge as U.K. sets out lockdown exit plans

Airlines and travel stocks surge as U.K. sets out lockdown exit plans
MarketWatch
2/23/2021
© adrian dennis/Agence France-Presse/Getty Images
Easyjet shares soared almost 10% on Tuesday after the low-cost carrier reported a surge in summer ticket sales, hours after U.K. Prime Minister Boris Johnson set out England’s proposed route out of its third COVID-19 lockdown.
Flight bookings from the U.K. leapt 337%, and holiday bookings jumped 630%, with leisure trips to Málaga, Alicante, Palma, Faro and Crete among the top destinations, and August proving the most popular time for travel, easyJet said in a statement.
Johnson said the government’s global travel task force will issue a report on Apr. 12 recommending how international travel can safely restart, which he said will “give people time to make their plans for the summer.” The lockdown ban on most international travel will stay until at least May 17. ....

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