The revenue of herbal creams and meds’ companies is steadily growing. The last 2 years have seen an unusual upswing of interest in natural medicine and the revenues of herbal supplements companies have almost doubled within 24 months. The countries were natural supplements are in greatest demand are: China, the USA, Russia and India. Natural supplements can not only replace home remedies for acne, but help to fight such serious diseases as diabetes and cancer.
One of the leading US hotel operators Hersha Hospitality Trust has announced that they have bought 2 hotels in New York City. In general they paid about $70 mln for the 2 purchases. In general this company owes about 80 hotels with approximately 10,000 rooms situated in the largest US cities. These purchase are new steps in Hersha Hospitality Trust US hotel expansion. Soon we can hear about new hotels in this chain.
WHERE Inc is a famous local company providing the services to mobile phone users. WHERE Inc caters for businessmen and consumers mainly. It allows anyone who has a mobile phone to learn the info about local business opportunities and companies. WHERE Inc is situated in Boston and has about four million active users. The details of the deal are not disclosed, but taking into account the fact that EBay is the leading online marketing company, this way it may try to increase its influence on offline marketing. EBay also plans to acquire a number of other companies, the next purchase will be GSI Commerce. EBay is ready to pay $2.4 billion. EBay daughter companies also continue to expand. Thus PayPal has revealed their plans to acquire a number of companies.
American Airlines report the decrease in revenue and losses of $436 million due to the world fuel crisis. This US airline isn’t the only one to report such losses this year, the jump in oil process and unstable dollar rate led to the losses in the sphere of passenger and cargo transportation services. Some of the US and world airlines lost up to 31% per share during first quarter of 2011.
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