Forget an unstable stockmarket and a slowing economy, China's outbound travel boom is tipped to continue with Chinese traveller numbers forecast to grow 16% in 2015. More
Hotels.com says the global average price its customers paid for hotel rooms increased just 1% in the first six months of 2015 compared with the previous year. More
Helloworld is in talks to buy AOT Group, Australia's largest inbound tour operator and domestic wholesaler. More
It may only be a tweak, but it means a lot.
“This is a start of a new beginning," said Chairman Tan Sri Md Nor Yusof on today's renaming of Malaysia Airline System (MAS) to Malaysia Airlines Berhad (MAB). More
Webjet MD John Guscic has vested 500,000 options in the company at $3.10. Since making the annual results announcement on Aug 20, Webjet's shares have fallen from $4.09 to $3.55 today.
Is Flight Centre an active competitor of, or an agent to the airlines it does business with?
That is the central question the ACCC will ask the High Court of Australia to determine as it appeals a Federal Court ruling handed down in Flight Centre's favour on July 31 over allegations that the retailer "attempted to induce three international airlines to enter into price fixing arrangements".
Travelzoo Inc has exercised an option to buy back the licence of its Asia Pacific business for USD22.6m – 6x the USD3.6m price company founder Ralph Bartel paid for it back in 2009 at the height of the financial crisis. More
It's been a flat 12 months for travel agents in Helloworld's 1700
store travel retail network, the company revealed today, with trade idling in neutral for Ma & Pa agencies – no growth.
The swagger is back at Flight Centre. Today the global travel retailer called itself a "sales and marketing machine" tapping into a "golden era of travel" driven by free-spending baby boomers who don't give a damn about crashing stock markets and the economic challenges of China. More
Mantra Group has capped its first year as a public company with a net profit of $36.2m, exceeding IPO forecasts, however struggled to increase room rates across the 119 property portfolio. More
Eco-tourism is a hoax. Everyone's jumping on the bandwagon but it's going nowhere.
For while 21.6% of Australians agree that "For my next holiday I'd really like an eco-tourism experience" just More
Here's the new logo for Queenstown, part of a re-brand for the New Zealand outdoor destination based around "four pillars" – Escape, Majestic, Openness and Energy. Local tourism marketing group Destination Queenstown has also devised a fresh tagline – "feel the inspiration"… Do you?
Senior executives from Uber and Airbnb – two of the world’s most revolutionary companies – today confirmed involvement in the TRAVELtech 'Disruptive Influences' conference in Sydney on October 15. More
It's now clear the weaker Aussie dollar is having a major impact on travel patterns with outbound growth by Australian travellers "grinding to halt" while domestic holidays grow in popularity. More
Travel is the major aspiration of Australians according to a new "hopes and dreams" survey of 6500 Aussies. More
Starwood Hotels and Resorts has moved to clarify the consumer confusion surrounding what a Sheraton hotel actually represents by launching the Sheraton Grand brand for top-tier properties. More
Strong sales growth continued at Webjet but costs grew faster than revenue as the online retailer's net profit dropped -8.5% to $17.5m for the year to June 30. More
Global tourism growth more than halved during June and further declines may be on the way, according to the latest edition of IATA's premium traffic monitor. More
Expedia's hotel inventory will be available to corporate travellers using Serko from mid-September with an alliance between the companies announced today. More
Qantas has sold its lease on Terminal 3 back to Sydney Airport for $535m. More
Four new speakers have been confirmed for the TRAVELtech 'Disruptive Influences' conference – David Hamblin (Expedia), Jeff Lewis and Ken Frohling (Viator) and Lisa Pagotto (Crooked Compass). Check out the conference page for further details.
Sensational viewing figures for the latest Air New Zealand flight safety video, Men In Black, which as of today had been viewed almost 2 million times on YouTube alone…. More
Travel technology and distribution company Jetmax has won best tech product at the Australian Business Awards, announced today. More
New research from TravelClick shows that OTA hotel bookings are growing faster than those made direct with supplier sites. More
Influential members of the global design community are rallying against the imminent destruction of the Hotel Okura Tokyo. Built in 1962 and regarded as an architectural icon, it's slated for demolition this month. See WSJ story.
Update 2/9/15: A closing ceremony was held at the hotel on Monday and demolition is scheduled for the main building next month. In its place a 500+ room will be built.
Shared accommodation is on the march, throwing up a real challenge to traditional providers such as hotels, with a survey from PhoCusWright showing 13% of Australians rented shared space in a private home or apartment during 2014. More
Queenstown – the self-proclaimed adventure capital of the world – has always thought of itself as a global destination. But it really didn't feel that way. Just a lot of Aussies and few foreign strays. More