The tech revolution at Wotif is now complete. New owner Expedia last Wednesday replaced the infamous pricing and availability matrix with a standard display. More
Reality has intruded on Myamar's tourism dream with hotel occupancy in February falling 17% year on year.
The main reason was a 12% increase in supply said STR Global. More
Here are the first images from No Vacancy 2015, held in Sydney last week. Great day – 225 delegates, excellent speakers and program… More
In a bizarre interview, Malaysia Airlines' marketing boss Dean Dacko has compared the carrier's high levels of brand recognition with Coke and Pepsi despite the fact it is entirely due to the disappearance of MH370 and the shooting down of MH17 – twin disasters in which 522 MAS passengers lost their lives. More
Accor Hotels says it is aiming to employ 1000 Indigenous Australians – or 10% of its workforce on present numbers – by 2018. The hotel operator has just helped launch the Federal Government's Employment Parity Initiative, the goal of which is to increase Indigenous employment. It wants 'corporate Australia' to set goals on Indigenous employment with a 3% target by 2020.
Mantra Group today announced it has agreed to buy Outrigger Hotels and Resorts Australia for $29.5m and will raise $50m to fund the acquisition and other opportunities. More
With a cap on capacity, Australia's domestic airfares are starting to rise with the fastest growth coming from unrestricted economy fares on business routes, which have increased at twice the rate of leisure fares. More
The Chinese hotel war may be coming to an end. Chinese OTA Qunar just reported a strong Q4 result and flagged its intention to cut back on hotel "couponing" – a strategy that has devastated yields for hoteliers and competitors such as Ctrip and eLong, which have both responded in kind. More
Amadeus Pacific is set to roll out its new booking platform across the region after successfully trialling it with TravelManagers Australia. More
British company Serco has reaffirmed its intention to sell Great Southern Rail, which operates the iconic Indian Pacific and The Ghan train services across the Australian Outback. Serco is in a world of pain, announcing a £632 trading loss and the sale of all non-core assets. See Daily Telegraph story.
There's been heaps of commentary about the impact a weakening Aussie dollar will have on outbound travel. Yet the comparisons are always done with the USD.
What about the Euro, against which the AUD has been strongly rising over the past few weeks? That is surely a good news story for Aussies heading to Europe this northern summer…
The sudden exit of Greg Shaw from the top job at Ardent Leisure and news of his surprise replacement, Deborah Thomas, sent the company's shares tumbling almost 30% yesterday before finishing 20% lower. More
Travel technology company Serko 's revenue for the NZ financial year ending 31 March will be 4-6% lower than the NZD11m originally forecast due to product and software delays. More
The perils of globalisation without localisation. US company Hotels.com has just launched a 'Spring Sale' to its Welcome Rewards members in Australia and no doubt the rest of the Southern Hemisphere. What's wrong with that? It's Autumn south of the equator. Or maybe we should start calling it Fall.
History repeats. It's been the mantra of hotel revenue management since it's become sort of sexy, in a hot accountant kind of way, among hotel managers over the past decade or so.
But Patrick Andres reckons that while the past has relevance, the future is equally important in terms of modelling how far hoteliers can push rates and increase the bottom line without hurting occupancy. More
The Macau Government's all-in bet on gambling tourism is looking like a loser with gaming revenues collapsing -49% in February. It's the ninth month in a row that Macau's gambling returns have fallen following the Chinese Govt's graft crackdown, More
Hotel room rates in Australia grew just 1% in 2014 despite high demand across key markets while Asian room rates fell for the second year running and are barely ahead of where they were 10 years ago, according to the latest Hotels.com Hotel Price Index. More
Genting Hong Kong has consolidated its position as Asia's leading cruise company with the purchase of Crystal Cruises from Japanese company NYK for USD550m.
Out-performance of its CBD properties, where revenue increased 13.5%, under-pinned the half year results for hotel, resort and serviced apartment operator, Mantra Group, the share price of which has virtually doubled over the past eight months – from a low of $1.69 to $3.25 this morning. More
Tax breaks for travel businesses and an extra USD10m funding for the Hong Kong Tourism Board are among initiatives announced by the Hong Kong government yesterday to help the enclave rebound More
The Qantas Group today announced its best first-half result since 2010 – an underlying profit before tax of $367m for the six months to Dec 31. All "operating segments" were profitable. More
Travel retailer Helloworld (HLO) is edging toward profitability while still adjusting to the reality of having fewer stores than it did before (mostly) transitioning to a single new brand. More