French hotel group Accor has announced that not-so-sexy Singapore, the Geneva of Asia-Pacific, has usurped perennially chic Paris as the marketing hub for its 'luxury/upscale' properties.
Accor already operates more than 170 luxury/upscale hotels in Asia-Pacific More
Peace has broken out between Australia's two major accommodation lobby groups – the Australian Hotels Association (AHA) and the Accommodation Association of Australia (AAoA) – which yesterday announced a joint venture to provide “one voice” for Australia’s lodging industry. More
Concerns have emerged at Australia's leading regulatory authority that the pending acquisition of Wotif by Expedia will lead to higher hotel commissions. More
In a strategically fascinating move, Chinese travel agent Ctrip.com International has agreed to buy the 1814 pax Celebrity Century from Royal Caribbean Cruises Ltd. More
Hotel occupancy rates grew throughout Asia Pacific over the past year as consumer demand grew faster than developers could build new properties. More
Travellers to Bali can now use bitcoin to pay for hotel, train, flight and tour bookings. Bitcoin Tours launched two weeks ago and says it has already taken USD10,000 in bitcoin bookings. See story at CoinDesk.
The problem was a Roy Morgan poll said cruising is nowhere near as popular as CLIA Australia says. More
Webjet's diversification strategy has started paying dividends with a record AUD19.1 million net profit for the 13/14 financial year.
It was tipped into record territory by first-time contributions from Zuji – an Asian OTA that until now has done nothing but lose money – and B2B accommodation wholesaler Lots of Hotels.
Even Zuji's past losses worked for Webjet this time around, reducing its tax rate to just 9% for the year.
In a sure sign sales are sagging after two recent disasters, Malaysia Airlines has virtually doubled its agent commission for the next month. More