Abolition of Fuel Surcharges Good For All – Even The Airlines – But Won't Lead To Cheaper Airfares

oil drillingEveryone's getting excited about the potential end to the odious fuel surcharge airlines have been slapping onto airfares over the past decade to compensate, so they say, for record high fuel prices.

But now the oil price is plummeting - from USD115 per barrel to less than USD50 in just six months – public pressure has led to key airlines such as AirAsia, Qantas, Virgin Australia, All Nippon Airways and Japan Airlines to either withdraw or amend fuel surcharges. More 

ad - Sabre 1.12.14

Expedia Buys Travelocity From Sabre Corp

Expedia has, as the market expected, bought the North American operations of Travelocity from Sabre Corp. The former arch-enemies have been business partners for the past couple of years with Expedia handling Travelocity's marketing and IT. Expedia paid USD280m. Meanwhile, Skift reports that Bravofly has an agreement with Sabre to buy Lastminute.com for USD120m.

Chinese Company Wins Approval for Club Med Buy

logo - club med tridentFrench travel icon, Club Med, will be likely Chinese-owned by Feb 9 after regulators approved the takeover bid by Fosun International, which has offered €24.60 per share for the resort operator, valuing it at around €939 million. Fosun has been in a bidding war with Italian businessman Andrea Bonomi for Club Med since May, 2013, the longest takeover fight in the history of the Paris Bourse.

ad - Sabre 1.12.14

The Russians Are NOT Coming…

Vladimir Putin The Russian TouristInteresting story out of Thailand, where the Russian tourism bubble has burst due to the impact international sanctions are having on Russia's economy: ie a weak rouble = less money to spend on travel. There have already been sharp falls in visitor numbers during late 2014 and the consensus is that 2015 will be much worse, particularly for the mass market destinations of Pattaya and Phuket. See TTG Asia story.

Cheap Airfares, Marketing To Stimulate Flat Domestic Demand – Flight Centre

Flight Centre is hoping that cheap airfares and increased marketing will combine to stimulate flat demand from Australian consumers, a trend which led to the company's first profit downgrade in four years yesterday.

Australia's largest travel retailer is boosting its sales and marketing spend by 10% – from 1.0% of total turnover value to 1.1% of TTV – to stimulate demand, which it believes is still suffering from the Federal Budget way back in May. More 

Airbnb Goes Corporate with Concur Integration

Leisure travel phenomenon Airbnb has completed its integration with Concur’s TripLink product – giving  the site corporate credibility. It means business travellers can book through Airbnb and and have expense reports and itineraries automatically pre-populated in Concur. More than sixty companies have so far signed up.

Upcoming Events

No Vacancy Australia 2015

THE BIG SQUEEZE
No Vacancy Australia 2015

No Vacancy Australia is returning bigger and better than ever to Sydney on March 26.

This year's program theme is 'The Big Squeeze' and it's going to be a great day anchored by a punchy, issues-based agenda packed with excellent speakers.

Early Bird tickets are now on sale and cost $499 + gst, so beat the rush, book now and save.

It's great value with the following speakers confirmed and more on the way...

  • Bob East, CEO, Mantra Group
  • Paul Constantinou, Chairman, Quest Serviced Apartments
  • Jarrod Crump, Director of Revenue and Distribution, Accor Australia
  • Michael Daley, Insights Delivery Manager, Experian Hitwise
  • Dean Dransfield, Director, Dransfield Hotels and Resorts
  • Emma Fraser, Group Director of Marketing, TFE Hotels
  • David Hamblin, Senior Director of Market Management - Oceania & Indian Subcontinent, Expedia Inc.
  • Dan Lynn, Vice President Asia Pacific, HomeAway.com
  • Will Owens, Director, Revenue Finder
  • Rodger Powell, Director, Tourism and Hospitality Services Australia
  • Tony Sheer, General Manager, Arra Accommodation Group
  • Karin Sheppard, Chief Operating Officer - Australasia, Japan, Korea & AMEA
  • Ray Stone, Executive General Manager, Voyages Indigenous Tourism
  • Andrew Taylor, Regional Director of Development, Starwood Hotels and Resorts
  • Andrew Turner, Executive VP Hotel Operations, SilverNeedle Hospitality
  • Adrian Thompson, Director of Revenue and Distribution, Meriton
  • Stephen West, Executive General Manager, Turtle Beach Resort
  • Han Zantingh, Managing Director Asia, Brainjuicer
  • Neil Ackland, Founder, Sound Alliance

Meanwhile, sponsor support for No Vacancy 2015 is at record levels, ensuring a bustling conference floor with a crowd of 200+ expected.

There'll be lots of opportunities to connect with industry peers, gossip, network and hopefully do some business, complemented by excellent food throughout the day - including a proper sit-down lunch at Feast.

And it's always worth sticking around for the post-event drinks, where the real truth inevitably comes out.

See you there? Call or email if you have any questions or suggestions. The number is (02) 9882-1575.

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See speakers, agenda
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TRAVELtech New Zealand

TRAVELtech New Zealand

TRAVELtech is heading to New Zealand for the first time on June 25, 2015.

It marks the international debut of Asia-Pacific's original travel internet and distribution event.

Register  for event updates.

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No Vacancy Bali 2015

NO VACANCY BALI

Late August 2015

No Vacancy Bali will return bigger and better to the Island of the Gods in late August, 2015.

There are some exciting developments in store - check back soon for further developments.

The first edition of No Vacancy Bali was held for the first time in 2014.

Subscribe for updates

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TRAVELtech Conference 2014

WHAT A DAY - TRAVELtech 2014

TRAVELtech 2014 has just wrapped up, and safe to say it was one of the best ever.

Vibrant crowd, excellent atmospere, strong program, lots of fantastic ideas.

Innovation & Inspiration ruled, at least for a day.

Highlights?

The interview with Skroo Turner (pictured), the entrepreneurial story of Anthony Hynes, the optimism of the Pitch It To Me crew, the sensational food, new friends and conversation.

Thanks to everyone who contributed: speakers, guests, sponsors.

Subscribe for TRAVELtech updates.... 

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