Louis buys Orient Queen in $22 mln deal

Louis plc announced Friday that it has agreed to buy the mid-size luxury cruise ship Orient Queen in a USD 22 mln bareboat/hire purchase deal. The announcement said that the lease is

Caramondani profits triple in first half

Caramondani Bros. Pcl (CAR) announced that first half profit tripled, helped in part by higher sales, as well as profit from property sales, and although the company warned that second half profit

Bid interest for Lanitis pushes stock up

Lanitis Development Pcl (LDL), the owners of the Aphrodite Hills Golf course and resort and managers of Intercontinental Hotel announced that an institutional investor has expressed an interest to submit a bid

Sales up at Lanitis Dev.

Lanitis Development Pcl (LDL), the owners of the Aphrodite Hills Golf course and resort and managers of Intercontinental Hotel reported that total turnover during the first half of 2006 jumped 125% YoY

Tourism arrivals up 0.7% in July

Tourism arrivals increased by 0.7% YoY to 341.443 in July 2006 compared to 338.972 in July 2005, the Statistics Service reported. In July 2006 there was an increase of 0,8% of tourist

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