Webjet has reported a record result despite a flat performance in its home market of Australia, although the eponymous OTA still makes most of the company's money.
CEO John Guscic said the AUD19.1 million net profit was driven by Zuji, which recorded a AUD2m pre-tax profit, and accommodation wholesaler Lots of Hotels, which made AUD500,000. More
In a sure sign sales are sagging after two recent disasters, Malaysia Airlines has virtually doubled its agent commission for the next month. More
Patee Sarasin, CEO of Thai domestic low cost carrier Nok Air, claims his airline is going from strength to strength despite increased competition from the likes of Thai AirAsia and Thai Lion Air.
“We are kicking ass – in Thailand we are actually much more profitable than AirAsia. We’re kicking the shit out of them,” he said. More
"How long have you been in the industry?!" demanded Campbell Wilson, boss of Scoot, the Singaporean Low Cost Carrier, ridiculing the notion that airlines are in business to make money.
Wilson was outraged that he'd been asked if the low cost business model is busted. More
The agenda and first round of speakers, headlined by Flight Centre founder Graham Turner, have been confirmed for TRAVELtech 2014. The central theme this year is innovation – "finding a better way of doing something"… Book now and save with AUD499 + gst early bird rate. Questions? Please email or call 612-9882-1575.
Aloft Hotels is trialing a robotic butler - dubbed A.L.O. the Botlr - at the Aloft Cupertino in the heart of Silicon Valley.
“As you can imagine, hiring for this particular position was a challenge as we were seeking a very specific set of automated skills, and one that could work – literally – around the clock,” said Brian McGuinness, Global Brand Leader, Starwood’s Specialty Select Brands. More
Booking.com, part of the Priceline Group, has for the first time officially claimed market leadership in Australia, confirming online stats that show it has surged past former market leader Wotif, which today announced a 15% fall in profit for the 13/14 financial year. More
Wotif, which turned 14 this year, has taken a light-hearted look at travel in its new campaign, Wotifia, which is based on a fun song and the adventures of a couple of mates. More
Priceline has invested USD500M in Ctrip, China's market leading travel website, while the companies have entered into a wide-ranging (and game changing) inventory sharing agreement that cuts both ways. More
Flight Centre boss Graham Turner today said the travel industry is in the midst of a golden era that will last at least another two decades. More
Travelport has bought 49% of travel management platform Locomote. The investment comes hard on the heels of the global travel technology giant increasing its stake in eNett. More
More than 20 different Yolngu communities in remote Arnhem Land, far northern Australia, have united behind a vision to create up to 50 tourism businesses that may one day bring prosperity and opportunity to their people. More
Travelport has bought an extra 16% of Australian travel payment company eNett International from its founders, PSP International, for an estimated USD72m. More
Expedia boss Dara Khosrowshahi, the man in charge of travel's biggest marketing budget, believes online marketing costs will continue to rise. More
Disruptive Investment Group, the company which now owns Check-in.com.au, yesterday revealed the business burned through more than $15,000 per week last financial year. More
Mobile now accounts for four out of five bookings at Ctrip, China's leading online travel agent. More
Surging sales through global distribution systems (GDS) and its new website were the twin engines driving a record sales performance for Best Western Australasia. More
The disruptive boys of modern travel, Airbnb and Uber, have gone corporate, signing onto the Concur business booking and travel management platform. More
A commercial breakthrough for Amadeus, which yesterday announced that it will be integrating Alipay, China's leading online payment service provider, into its payment platform. More
The amount now owed by the government of Venezuela to the airlines that fly there has blown out to an astonishing USD4.1bn with no sign that the two dozen carriers involved will get their money. More