Ryanair raised full-year profit targets this morning after the budget airline said passengers will pay more for their fares this winter than previously expected. Ryanair’s average fare over the past six months, including baggage check-in fees, was €44 and fares will continue rising over the next year or two.

The average fares would rise by close to 10% over the next six months. Michael O’Leary,Ryanair’s chief executive, also warned that baggage check-in charges – which in the summer months cost £20 a bag and £35 for a second bag – will increase next summer. Add-on fees are a lucrative business for Ryanair and rose by 22% to €423.8m in the first half, more than double the rate of passenger growth – due in part to customers spending more on longer flights.

The content is taken from an article published on guardian.co.uk © Guardian News and Media 2010

The third ITB Asia has closed on 22 October, 2010 in Singapore with 6,605 attendees, a 7.4% increase on last year.

The event featured hundreds of exhibiting companies from the Asia-Pacific region, Europe, the Americas, Africa and the Middle East, covering not only the leisure market, but also corporate and MICE travel.

 ITB Asia 2010 included exhibition pavilions for small and medium-sized enterprises providing travel services. Exhibitors from every sector of the industry – airlines, hotels, theme parks, tour operators, cruise lines, meeting facilities and travel technology companies attended.

After the success in Asia, ITB returns to Berlin in March 2011 to once again prove that this is the leading B2B-Platform of all tourism industry offers.

The economic downturn boosts the number of last minute bookings and shorter stays. If you haven’t secured your hotel for the days of WTM, there is still a chance to find reasonable accommodation in London. With only 10 days to the show, your travel agent will be the one, who can suggest best available hotel options.  Hotels near ExCel Exhibition Center offer rooms at GBP 200.00 and above, but if you do not mind travelling – westend and centrally located hotel rooms can be booked at lower rates. In order to save money, look for medium range hotels where you will get good service and a better range of facilities than you can expect in the budget range.