Travel back to (almost) normal by 2024 as corporate biz drives Flight Centre recovery says Macquarie Research
Macquarie Research has brought forward its travel industry recovery profile by 6-9 months due to the rollout of global vaccines in its latest analysis of the Flight Centre business. "We forecast 85% Total Turnover Value More ...
2020 worst year ever for Europe, US, Asia Pacific, Middle East and African hotel markets
COVID-wracked 2020 was the worst year ever in terms of performance for the Asia-Pacific, US, Europe, African and Middle East hotel markets, according to industry analyst STR. Asia Pacific Occupancy: 44.5% (-35.6% compared with 2019) More ...
Brendan Murphy believes Australia’s international borders will stay closed for 2021
Australia's highest profile medical professional, Dr Brendan Murphy, pictured, says he doubts that Australia's international borders will reopen this year. Dr Murphy acknowledged ABC News Breakfast yesterday it was a "big question" and that "I think More ...
Virgin Australia disappears from view after Bain Capital acquisition
Update 18.1.21: Virgin eyes 'former glory after major c-suite appointments Challenging times for Virgin Australia and its new owners, Bain Capital, which paid $3.5 billion for the broke and battling airline several months ago, but More ...
On your bike Gladys – Tumbarumba proves NSW needs more rail trails
Tumbarumba - a sleepy timber, grape growing and grazing town in the bucolic Snowy Valleys of NSW - is undergoing a quiet tourism revolution. It's all down to a new 'rail trail' that's attracted more More ...
How much do travel agents earn? Not much at all – even in a good year….
How much do travel agents earn? The answer for many is hardly anything at all. And that was before COVID decimated the industry, reliant as it is on international travel. This hard fact has been More ...
Taking the road less travelled – who knew it could be so much fun?
As scenic drives go, the 836km between Sydney and Melbourne along the Hume Highway is, for many people, exciting as a TV test pattern. The sprawling country between Australia's two largest cities is More ...
Border openings drive car hire bounce back at Hertz says MacNeill
After a tough year in which demand slumped through COVID by up to 90 per cent, Hertz Asia Pacific boss Eoin MacNeill (pictured) says demand is bouncing back with the car hire giant starting to More ...
Airline bookings surge on domestic border openings as confidence returns
Qantas Group CEO Alan Joyce says more than 200,000 airfares were sold on Jetstar and Qantas flights to Queensland in the first three days after the border openings with Sydney and Victoria were announced last More ...
$128m travel agent support package announced by Australian Government
Australian travel agents with turnover between $50,000 and $20 million will receive grants ranging from $1500 to $100,000, the Federal Government has announced. Federal Tourism Minister Simon Birmingham (pictured) said: “This one off payment recognises More ...
One trick ponies – just 15% of global short term rentals use more than one OTA channel
Check out this Venn diagram from Transparent, which dramatically illustrates how one dimensional the distribution strategies are of most short term rental property managers - just 15% are using a multi-channel strategy - and of More ...
Former Rydges on Swanston to shed COVID past and rebrand as Crowne Plaza after refurb
The former Rydges on Swanston, the incubator for 90% of Victoria's deadly second COVID wave, will be refurbished and rebranded as Crowne Plaza Melbourne Carlton. New owner Ross Pelligra bought the property for $35 million More ...