Who said 'Flash Sales' are dead? Secret Escapes, which sells heavily discounted luxury travel, has just raised USD60m from the likes of Google Ventures to fund global domination. More
Tourism Australia has doubled down on its Restaurant Australia campaign, spending $500,000 to help bring Noma, widely acclaimed as the world's best restaurant, to Sydney for a 10-week residency from January, 2016. More
A blowout in expenses has hit TripAdvisor's net profit for the 2nd quarter of 2015. More
Meet Albert Pozo, the new President of Amadeus Asia Pacific. His brief is to grow the business with a focus on travel distribution as Amadeus diversifies from its aviation base into rail, hotel, payments and venture investments. He replaces Angel Gallego, who is returning to Madrid.
Australia's hotel lobby has called on the Federal, State and Local governments to bring the sharing accommodation economy under control through a new licencing system. More
The Tune budget travel brand has taken a major hit with former franchisee Red Planet Hotels pulling its 24 Southeast Asian hotels out of the group and launching a new fully-inclusive low-cost brand. More
Former tour guide Murray Decker has launched TourAmigo, "the world's first non-biased tour comparison website" which "aims to revolutionise the tour industry."
Decker says more than 40 tour operators have signed up, including Contiki, Intrepid and TopDeck, with the site searching 7500 tours across 150 countries. More
The words viral and social media are as one. There's a tendency to think all social media goes viral.
But as the recent #Tassie365 campaign from Tourism Tasmania demonstrates that's not always the case. More
Trip Advisor appears to be gearing up to take on fast-growing accommodation rental site Airbnb, sending an email out to key stakeholders over the weekend headlined: Rent out your space on TripAdvisor.
"Turn your home, spare room or vacation house into a goldmine," the email read. More
Currently consultants can spend up to two hours a day processing involuntary schedule changes and inbound messages.
To help agencies reduce this manual workload, Sabre has partnered with Travel Automation to release the QBotic Red App, an automation solution to help agencies enhance their productivity. More
China leads the way with hotel construction in Asia with 145,167 rooms currently being built across 452 properties, according to STR Global. "Three other countries reported more than 10,000 rooms under construction: Indonesia (27,243 rooms in 148 hotels); India (26,159 rooms in 158 hotels); and Malaysia (10,806 rooms in 39 hotels)."
Chinese travellers are becoming richer, younger and more savvy, with half of them now booking or planning their trip on a mobile device, ditching traditional travel agents at an unprecedented rate.
The 4th annual Hotels.com Chinese Travel Monitor, launched today, reveals that the proportion of Chinese travellers using 'traditional travel agents' has plummeted from 34% to just 13%. More
Powerful consumer advocacy group Choice has launched a 'ditch the ticks' campaign against Jetstar which it says can add up to 67% to the cost of a domestic airfare. More
One journey has come to and end and another is beginning for the founders of online travel insurer World Nomads Group, which yesterday sold for $95 million to listed health insurance giant NIB.
The sale was the culmination of a process instigated by the company in January and includes the brands World Nomads, Travel Insurance Direct and SureSave. More
Webjet today reaffirmed its EBITDA forecast of $27m – up from $23.3m the previous financial year – with strong turnover growth across all divisions in the six months to June 30.
The Australian OTA didn't break it down but profit growth is likely to be driven by new acquisition, the Europe based SunHotels, and a weaker Australian dollar. More
Lindy Andrews, the former CEO of Luxperience, a luxury travel trade show, is suing the company and its owner Helen Logas for more than $500,000 in damages and costs for alleged breach of contact. More
Corporate agency Reho Travel today announced it has bought rival NGT Travel for an undisclosed sum. The resulting entity will have 36 staff and annual turnover of $45m with offices in Sydney and Melbourne. As of today, the NGT Travel brand no longer exists.
Qantas Group today announced it will pay a 5% salary bonus to 28,000 employees covered by an 18 month wage freeze after the release of its annual results in late August. More
You know things are tough in in Australia's snowfields when Mt Buller announces a 2cm overnight "dump" of snow. But fresh snow has been a rare commodity this season so even a dusting is a blessing with school holidays well under way. And nice to see a smiley face.
Amadeus has agreed to buy the low cost carrier reservation and technology platform, Navitaire, from Accenture for USD830m. More…
Roshan Mendis will lead Sabre Travel Network in Asia Pacific. His appointment as Senior VP was announced after Sabre's acquisition of Abacus, the Asian GDS, closed yesterday.
The Abacus business will be absorbed into STN and report through to Mendis. More
Here are some abstract notes from TRAVELtech NZ, held in chilly Auckland last week. Good day, some great presentations and plenty of enthusiasm from those present… More
Travel stocks may have bounced back from the ASX plunge a couple of days ago (prompted by Grexit fears) but a cursory review of the price history of popular companies shows that investor sentiment has turned negative for retail stocks as the Australian stock market starts a new financial year. More
Airbnb has just raised a phenomenal US1.5bn in one of the world's biggest-ever private funding rounds, valuing the online home rental company at USD25.5bn, more than 28x its estimated 2015 revenue of USD900m.
Qantas has overhauled its media brands, led by the replacement of long-term in-flight mag The Australian Way with Travel Insider, which it says will take more of a 'news stand' approach. More