Investors tips

Johannesburg-based Club Travel Corporate is entering a critical next phase after securing the backing of a unique investment fund that will put new emphasis on working with female-owned businesses on the continent.

That investors are buying single-family homes across the country is not new, but how much and where?

Bain Capital said on Monday it is looking to relist airline Virgin Australia, in a move that would come as the domestic aviation market bounces back strongly from pandemic lows.

Italian corporate travel agency BizAway has launched a joint venture with Dubai investor Seed Group.

Skift editors were struck by this chart of Wyndham’s stock price as of Friday. Investors continue to behave as if it would be a good thing for the world’s largest hotel franchisor to merge with another player. Sustained investor pressure on that score might prompt Wyndham’s management to change strategy at some point.

European travel stocks stumbled into some profit-taking as earnings season kicked off and extreme weather hit in July, but many investors are betting relatively attractive valuations and solid demand will keep supporting the sector.

A little more than three years and a global pandemic after becoming the largest shareholder in Wheels Up, Delta Air Lines and its highly regarded CEO Ed Bastian will now be tasked with turning around the fortunes of the nation’s third-largest private jet flight provider.