17 JULY 2002 |
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Drop in tourism leads to reduced Suncrest turnover - no interim dividend declared Citing intense competition within the hotel industry in the wake of depressed tourism resulting from the events of 11 September, Suncrest Hotels, the only tourism oriented company listed on the Malta Stock Exchange, has announced reduced turnover for the fiscal period closing on 30 April Fear of flying sees reduction in outgoing tourism - more Maltese opting for cruises Although more than 10 months have passed since the 11 September attacks, many are still wary of flying to the United States, according to a number of travel agents speaking to The Malta Financial and Business Times yesterday VFM fund ranked in top 10 European equity funds The Asian Wall Street Journal last month quoted Lipper, a Reuters company, as ranking the La Valette European Opportunities Fund managed by Valletta Fund Management amongst the top 10 performing European equity funds EFL students housing demands met by increased host family applications By Mario Schembri Wismayer The Malta Tourism Authority yesterday confirmed that there is no lack of host families for EFL (English as a foreign language) students in Malta and that, in fact, the rise in students over the years has been met by a rise in applications by Maltese interested in acting as host families
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