Mantra Group has announced an agreement with Metro Property Development to purchase management rights for 1500 apartments across seven towers currently under development in Brisbane. More
Australian tourism continued its recent strong inbound performance through December with double digit increases from seven of the top 10 international markets, propelling an overall rise in numbers of 11.1%. More
Virgin Australia yesterday announced its strongest half-year net profit since 2010 at $62.5m for the six months to Dec 30, a turnaround of $110.3m over the previous corresponding period. More
An analysis by STR Global has concluded that that the spectacular emergence of Airbnb as an alternative accommodation channel has had "no measurable effect" on Manhattan hotel bookings. More
Nothing it seems can get between Australians and their love affair with Bali, which last year recorded just over 4m tourists, according to the Bali Government Tourist Office.
Of those, almost 1m were Australians who kept on coming despite consistent flight disruptions through the year caused by repeated volcanic eruptions. More
Tiger Airways is set to be completely absorbed by Singapore Airlines and removed from the local stock exchange after more than 90% of its shareholders accepted an offer from SIA of 45 cents a share valuing the struggling low cost carrier company at more than S$1.13 billion.
TripAdvisor has launched its Instant Booking feature – effectively the financial future of the company – in nine new English speaking markets including Australia ahead of a global roll-out by mid-year. More
No wonder charismatic Serko boss Darrin Grafton is talking up a listing of his company on the Australian Stock Exchange. Business in its home market of New Zealand, where it trades on the local bourse, is minimal and heading south. More
Expedia reports demand growth of 60% from Asian travellers for Australian hotels based on sales through its websites for the third quarter of 2015. More
Growing industry community platform Travel Massive – which now has 15,000 members – has just launched a 'Marketplace' featuring paid listings for everything from jobs to to affiliate programs. More
Vanuatu tourism is in crisis with Virgin Australia joining Air New Zealand in pulling its flights due to safety concerns over the haphazard runway at Port Vila international airport. More
Thailand's hotel industry has just recorded its best overall occupancy rate for 20 years with visitor arrivals nudging 30 million, driven by demand from mainland China. More
Amadeus has finalised its USD830m purchase of Navitaire from Accenture – a crucial step in the global travel IT giant's push into the low cost carrier tech market. More
Viator has confirmed that up to 40 job at its Sydney office may be cut because of its decision to consolidate email and phone support functions to its main Contact Centre in Las Vegas. More
Helloworld shareholders today approved the retailer's merger wíth the AOT Group. The merger means AOT directors Andrew and Cinzia Burnes will own 40% of HLO and also receive a $25m payment. Andrew Burnes will become CEO. HLO's interim financial results will be announced on Feb 24.
Hotel Industry veteran Andrew Turner – who spent 14 years as CEO of Mirvac Hotels – has joined ASX-listed Mantra Group as Vice President Acquisitions, Asia.
He'll be based at Mantra Group’s new regional office in Singapore from late February and have responsibility for driving the Group’s Asian expansion.
AccorHotels is making the astonishing claim that every job "created" in one of its properties "supports more than four other jobs around the world". Accor claims to "sustain" 880,000 jobs globally (direct, indirect and induced) while More
Fiji's tourism industry has reported record visitor numbers for 2015 with Australians comprising 48.7% of tourists. Tourism Fiji says there were 754,835 visitor arrivals, 9% more than the previous record year of 2014.
Is it because they are thin-skinned or do they have a point?
Stayz, Australia's largest holiday home rental site, has eliminated its combined listing/booking fees and moved to a flat 10% commission on all homes booked, creating a kerfuffle among some property owners who are threatening to shift all their business to Airbnb. More
Flight Centre’s new focus on technology and youth – witness its late 2015 investments in Travelonomy and BYO Jet – shows no signs of abating with news emerging the retail giant is behind a Gold Coast garage startup called Aunt Betty. More
Tourism Australia has appointed actor Chris Hemsworth – who grew up surfing on Phillip Island – as its global ambassador for a new coastal and aquatic campaign. “Being in the water or near to it is a way of life for us,” Hemsworth said. “I’m really looking forward to launching this new campaign in New York and sharing with the rest of the world just how amazing this country is.”
Strong inbound tourism growth into Australia continued in November with arrivals up 9.7% over the previous year. China was once again the fastest-growing market with an increase of 27.8%, followed by Singapore, which grew 14.3%. Outbound travel by Australians rose 4.9% during the month.