Record results for Corporate Travel Management, Air New Zealand, Event Hospitality & Entertainment

After the astonishing Qantas result earlier this week the good times continued to roll in travel with Air New Zealand, Corporate Travel Management and Event Hospitality and Entertainment all reporting record profits over the past couple of days. CTM net profit rose 60% to $42.1m, Air New Zealand made NZ$663m net while Event Hospitality and Entertainment's net profit was $130.2m, up 19.6%.

Booking.com Softens Rate Parity Stance In Australia

Gillian Tans, CEO Booking.com
Gillian Tans, CEO Booking.com

Booking.com has made major concessions to its controversial rate parity policy in Australia following negotiations with the Australian Competition and Consumer Commission but will still not allow hoteliers to offer cheaper rates on their own websites.

In an email this week, Booking.com CEO Gillian Tans advised Australian hoteliers that from September 1 the world's largest online travel agent (OTA) will allow hoteliers and accommodation operators to offer better deals they like through most other channels without retribution. More 

Quote of the Day – Corporates Psyched Out…

Peter McConnell
Peter McConnell

"At a big corporate these days everyone's been psych tested so you get a sameness in the personalities." As someone who once worked at a large bank, where everyone seemed to be an ex-school prefect, I loved this quote from Peter McConnell, who has left a 700k job at retailer Woolworths to work at a startup,  Commtract. The same could be said of many global online travel companies. See AFR story.

New Ski Resort Comparison Site Launches

David Freuden back in the day - Thredbo
David Freuden back in the day – Thredbo

Entrepreneur and former pro skier David Freuden has launched a new site enabling skiers and boarders to search for their ideal resort based based on terrain, vertical drop and accommodation.

Featuring 2400 resorts in 56 countries, Freuden says he decided to develop Snowcomparison.com  after a trip to Europe last year.

“I was in Prague and wanted to ski some of the intrepid Eastern More 

One Million The Magic Number at Booking.com

The Booking.com juggernaut keeps powering on with the online travel agent clocking up one million bookings in a single day while also breaching the one million mark for accommodation listings, contributing to a gross profit of $US2.4bn for parent company Priceline Group in the second quarter – up 16% over last year. More 

Upcoming Events

No Vacancy Australia

No Vacancy Returns to Sydney in March 2017

No Vacancy is where accommodation meets the internet and innovation.

Founded in 2007, it's a dynamic one-day event with a strong track record.

It aims to be provocative, interesting and honest.

To be kept abreast of the latest developments, please register here.

Click for details on NV17...

TRAVELtech Australia 2016

Disruptive Influences,
The Story Concludes...

The 2016 edition of TRAVELtech, Australia's leading travel marketing, distribution and tech conference, has just wrapped up.

Great crowd, with more than 200 in attendance, and some fantastic sessions, including a presentation by Sean Sutherland of Aunt Betty (above).

This year's theme was Disruptive Influences - The Story Continues and speakers included:

Thanks to everyone who attended and see you next year.

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