Momentum at Expedia built during the third quarter with revenue increasing 22% to USD1.71bn. Gross bookings were up 29% while room nights grew 24%. International revenue rose 25% and now accounts for 48% of total revenue for the US company.
Tourism Australia and Virgin Australia today announced they have boosted the value of their three-year marketing agreement to more than AUD20m , half of which will be spent in 2015 on promotion in the United States and New Zealand.
The question threw Tomas Laboutka of HotelQuickly, a last minute booking app. "It's a very general question – I don't know what you mean," was the gist of his reply. And the query – do you consider it a weakness to be only available as an app? More
TripAdvisor has won Best Website at the TRAVELtech 2014 Web Awards while Airbnb and Hamilton Island have taken out the other major awards: Most Innovative Website and Best New Website.
Singaporean company Ascott Limited has bought a 20% stake in Australia's Quest Serviced Apartments for AUD28.8m and says it expects to invest a further AUD500m buying new Quest properties over the next five years. More
Google's war against spammy websites has gone up another notch with the implementation of Penguin 3.0 over the weekend. Past iterations of Penguin have rocked the black hat search world, penalising sites for dubious SEO practices, especially those associated with linking.
Tourism Australia is looking for a new head of marketing following the resignation today of Nick Baker, who has been with TA for the past seven years, overseeing such campaigns as Best Job In The World. Baker will leave the job in January. Update 3.11.2014: Lisa Ronson is TA's new Chief Marketing Officer.
Great Hill Partners has bought a majority stake in Momondo Group, owner of the Cheap Flights and Momondo online travel brands, for USD130m, valuing the company at USD213m. See announcement.
Cheap doesn't mean value. That's certainly the case with the aviation money pit also known as Tigerair Australia, the worth of which has plummeted to virtually nothing in just over a year. More
Global airline passenger passenger numbers will more than double over the next 20 years, according to IATA, which also predicts China will overtake the United States as the world's largest passenger market by 2030. More
Excellent networking is guaranteed at TRAVELtech in Sydney next Friday, October 24, with a great audience already booked for Australia's leading web, tech and distribution travel event. More
Hotel and travel stocks continued to soften Monday after falls last week on fears the killer virus will spread beyond its African roots and restrict global travel. More
London, Singapore and Sydney hotels all performed strongly in September with demand once again outpacing supply. London was the standout with occupancy increasing to 89.4%, Sydney grew to 83% while Singapore recorded 82.5% of rooms occupied for the month, according to STR Global. Singapore had the most expensive rooms at SGD324.61.
Say what you want about the quality, but in terms of bang for your buck, this YouTube ad from Scottish travel agents Thorne Travel is a winner with more than 600,000 views in six days.
Dan Lynn, pictured, returns to the travel industry with his appointment as VP Asia-Pacific for HomeAway. Lynn joins from Groupon and was previously with Expedia.
Meanwhile, Darren Wright has left Scoot, where he was GM Australia to join Flight Centre as Head of Brand and Marketing. Dennis Basham will replace him at Scoot, effective immediately.