Latest Travel News

Latitude Group Holdings reports a remarkable 341% increase in statutory profit for 1H25, driven by record receivables and strategic partnerships. The company’s strong balance sheet and AI investments set the stage for sustained growth.

Megaport Limited delivered a robust FY25 with 20% growth in annual recurring revenue and EBITDA surpassing guidance, setting the stage for continued expansion in FY26.

Lark Distilling Co. Ltd reported a 3% revenue increase to $17.17 million for FY25, driven by whisky sales growth and a major brand restage, while losses widened significantly due to increased marketing spend and operational investments.

Auckland International Airport has announced a NZD 0.082 dividend for the first half of fiscal 2025, accompanied by a Dividend Reinvestment Plan offering a 2.5% discount to shareholders.

Auckland International Airport reported a 12% revenue increase to NZD 1 billion and a 12% rise in underlying profit, driven by growing passenger numbers and strong commercial performance. The airport is progressing a major infrastructure program while achieving significant emissions reductions.

Transurban reports solid FY25 financial results with strong EBITDA and free cash flow growth, steady operating costs, and promising progress on NSW Toll Reform and major infrastructure projects.

Transurban Group reported a solid FY25 with a 7.4% increase in proportional EBITDA and a 4.8% rise in distributions, underpinned by traffic growth across all markets. The company projects a further 6% distribution increase in FY26, while navigating NSW toll reform and advancing key infrastructure projects.

Transurban Group’s FY25 results reveal a complex financial picture with statutory profit halving but operational EBITDA and toll revenues rising, supported by key infrastructure projects nearing delivery.

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

Transurban Group delivered solid FY25 results with a 7.4% increase in proportional EBITDA and a 4.8% distribution growth, while setting a confident 6% higher payout target for FY26 amid ongoing toll reform talks.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

EVT Limited has launched EVT Connect Hospitality, a new hotel management brand, and announced the $74 million acquisition of Pro-invest Hotels, adding over 3,200 rooms under management across Australia and New Zealand.