Algebra

Algebra

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The European Court reshuffles VAT rules for travel agents

The European Court of Justice handed down a decision in 8 cases brought against Member States for the incorrect application of the special VAT scheme for travel agents. Travel agents all over Europe will now have to apply the margin taxation scheme to supplies of travel services to all types of customers and may no longer benefit from the essential…

The European Court reshuffles VAT rules for travel agents

The European Court of Justice handed down a decision in 8 cases brought against Member States for the incorrect application of the special VAT scheme for travel agents. Travel agents all over Europe will now have to apply the margin taxation scheme to supplies of travel services to all types of customers and may no longer benefit from the essential…

United States issues global travel alert

Officials at the United States state department have issued a global travel alert following a terrorist attack in Kenya which left score of civilians dead. This global travel alert urges American citizens to be on their guard against actions and violence against them by al-Qa’ida and other militant groups. It warned al-Qaeda and other groups could be planning attacks against…

Brazil increased amount of visitors go for hostels

A recent study on preferred accommodation options in Brazil revealed that more and more people choose to stay in Brazil hostels, campsites, and houses for rent. Nearly a fifth (17%) of all foreign tourists visiting the country last year opted for one of these alternative places to sleep making these lodging options a significant part on the market. Brazil hotels…

Hotel Classification / Re -Classification Guidelines revised to make the hotel services customer oriented

Hotel Classification / Re -Classification Guidelines have been revised to make the hotel services customer oriented. The revised guidelines have been approved by the Union Minister of State for Tourism Dr. K. Chiranjeevi after receiving suggestions from the Tourism and Hospitality Industry.The revision of these guidelines has been aimed to provide a higher level of services in hotels and also…

Tokyo wins bid to host 2020 Olympic Games

Tokyo has been named host destination for the 2020 Olympic and Paralympic Games.The Japanese capital was selected by the International Olympic Committee members during the 125th IOC session in Buenos Aires, beating off competition from Istanbul and Madrid.Tokyo received 60 votes to Istanbul’s 36 in the final round, with Madrid having been eliminated in the first round after losing a…

Record 34 million foreign visitors arrived in Spain in Jan - Jul 2013

Britons' love affair with Spain continues unabated as UK holidaymakers accounted for nearly a quarter of all international visitors to the country this year, the highest number in almost two decades, according to the latest data from Frontur, the Spanish tourism department/s statistics agency. Spain Hotels hosted about 34 million foreigners who arrived on Spanish shores in the January-July period,…

Russian aeroflot launches a low-cost carrier

A low-cost subsidiary of Russian Aeroflot will start flying in 2014 according to Aeroflot’s Board of Directors that approved the creation of the new low-cost carrier.Plane tickets for the low-cost carrier will be between 20 to 40 percent cheaper than for the parent brand, according to airline management. A separate airport will be constructed for the low-cost flights. The new…

Top 5 most bizarre flight delays

We’ve all been frustrated by long flight delays, but in some cases all we can do is laugh. The delays in our top 5 were truly “extraordinary circumstances” otherwise, refund.me, the ‘no win, no fee’ online platform and mobile app, would have helped passengers claim up to Euro 600 (approx. Rs.46,800) for a now-reduced fee of 15% plus VAT. 1Lawnchair…
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