Travelport now has majority ownership of Locomote, a corporate travel tech company based in Melbourne, increasing its stake to 55%. More
Sabre veteran Richard Morgan has been promoted to the new role of Regional Director and will lead an expanded South Pacific team.
He has moved back to Sydney and already been seen entertaining key clients in some of the city's best restaurants, something he does better than anyone else. More
Commercial airline passenger numbers are forecast to double to 7 billion by 2034, says the International Air Transport Association, though the annual rate of growth at 3.8% is lower than originally forecast. More
The Wall St Journal reports Airbnb made USD340m in revenue in the third quarter. Gross bookings were $2.2 billion while room nights grew 110% to 23.8 million. The figures were part of an presentation used to secure an extra $100m for the company, bringing the total it's raised to $2.4m.
Travel technology company Sabre Corporation says its pending acquisition of the Trust Group will "extend" its position as the world's central reservations system (CRS) marlet leader. More
AOT founder Andrew Burnes has had the last laugh as long-winded and sometimes acrimonious 'merger' negotiations with Helloworld concluded with him sitting pretty as CEO and, along with his wife and business partner, Cinzia, owning 40% of the combined entity.
The power couple also get a couple of seats on a brand new HLO board, just a couple of months after the old one told him to go away, saying "the strategic and financial merits of the acquisition were insufficiently compelling. More
Here's the view of the Sydney Opera House from the western side of Circular Quay when a cruise ship such as the Carnival Spirit is in town. More
Travel and expense management software company Concur Technologies is set to boost its Australian workforce by 20% over the next 12 months as the business continues to grow strongly. More
In an industry-transforming transaction, Marriott International today agreed to buy Starwood Hotels & Resorts for USD12.2 billion, creating the world's biggest hotel company with 30 brands, 5500 properties and 1.1 million rooms in 100+ countries. More
India will be the fastest growing major Asia Pacific travel market over the next two years for a combination of reasons including an easing of travel restrictions, investment in infrastructure, and a growing middle class, says industry research company Phocuswright. More
Last minute hotel booking app HotelTonight, which expanded to Australia earlier this year, has announced it will retrench 37 employees, or 20% of its workforce. More
Travel retailer Helloworld is once again talking with AOT Group about a potential merger just a couple of months after derisively pulling out of earlier negotiations. More
Australian OTA Webjet is targetting a 20% increase in earnings before depreciation tax and amortisation to $33.5m this financial year. More
The strong US dollar has stymied growth at the Priceline Group, which owns Booking.com among other brands and now makes 90% of its money in Europe, the UK and Asia-Pacific.
But the company still posted a gross profit for the third quarter of USD2.9 billion.
Of this, USD2.6 billion was generated outside the company's home market of the United States, More
Singapore Airlines wants Tiger Airways all for itself, launching a buy-out bid for the Asian low cost carrier (of which it already owns 55.8%) that values the airline at more than S$1 billion. It's offered S$0.41 a share, a 32% premium over Tiger's last trading price on the Singapore Stock Exchange.
Expedia may have taken on its biggest challenge yet with this morning's announcement that will acquire vacation rental business HomeAway for USD3.9bn in cash and stock. More
Just confirmed that No Vacancy is returning to Sydney on March 15, 2016. Excited. Meanwhile, take a trip down memory lane with these images from 2015. More
Just spent a few days on the Sunshine Coast, where it was raining of course. What to do when the weather's wet? Head to Spirit House. More
Lastminute.com.au, now owned by Expedia, has launched its first major advertising campaign since 2008. It will run in Australia through November and encompasses radio, out of home, digital, social media and PR.
Rezdy, the Sydney-based tours/activities aggregator and distributor, has just raised $3m to fund its growth in the United States and also develop new products. More
Woolworths – one of Australia's big two supermarket chains – has severed its points-earning partnership with Qantas Frequent Flyers saying consumers want instant gratification not a long-term relationship. More
Airbnb's Australian boss Sam McDonagh believes the company now has more than 2% of Australia's total accommodation market with its business doubling year on year. More
Bill Shorten, Australia's Federal Opposition Leader, has declared all sharing economy companies such as Uber and Airbnb must "play by the rules" and be regulated, albeit with a "light touch". More
At a signing ceremony attended by British PM David Cameron and Chinese President Xi Jinping, Carnival Corporation finalised its partnership with China in a cruise JV it says will act as a catalyst in transforming China's nascent cruise industry into the world's biggest. More