Global aviation passenger numbers during 2016 grew 7% over the previous year, reaching 3.8 billion. Once again Asia Pacific aviation dominated with 35% global share at 1.3 billion passengers, up 11.3% on 2015, according to the 2017 edition of the IATA World Air Transport Statistics (WATS), the yearbook of the airline industry’s performance. The top five city pairs were all in Asia, though US citizens fly more than any other nationality and three most popular airlines were all based in the United States. Highlights of the 2016 airline industry performance include: More
French accommodation company Accor has made a bid to buy Mantra Group, a hotel and resort company that operates 128 properties with more than 21,500 rooms across Australia, New Zealand, Indonesia and Hawaii. Accor is offering the equivalent of A$3.96 a share, well up on Mantra’s closing price of $3.23 on Friday. More
Secret Escapes Founder Alex Saint has flagged more acquisitions for the London-based luxury flash deals site after raising a further US$111m in cash and debt.
The Series D raising was led by Temasek, a Singapore Govt sovereign investment fund.
Existing investors Idinvest Partners and Silicon Valley Bank also participated, with cash and a debt facility respectively. More
Viator tours and attractions product is now bookable by travel agents at 8% commission via a new purpose-built industry platform launched yesterday. Viator sells more than 70,000 products.
Australian consumers love their mobile technology as much as any nation – except when it comes to researching and booking travel, according to new research from Amadeus and YouGov. Here are the key regional findings:
“Australians under-utilise mobile technologies: Just 33% use a mobile for researching and 20% for booking a trip, compared to 54% and 46% respectively for APAC – most Aussies (81%) still do their travel research and booking on a laptop/desktop. Aussies also prefer email for updates/recommendations about their trip, while APAC travellers are more diverse in their preferences; including IM services, travel company apps and social media. More
Thai hotels recorded their best-ever August occupancy rate at 81% while revenue per available room rose 6% over last year, according to STR. The reason is simple – a record 3.13 visitors for the ‘low-season’ month. But Thai hoteliers need to make hay while the sun shines. STR says Thailand has 100 hotel projects in the pipeline (21,615), equivalent to 11% of the country’s existing hotel supply.
Overnight visitor nights to the Gold Coast exceeded five million in a year for the first time but the average visitor spend was down. The number of day trips also fell, largely due to the River Rapids accident at Dreamworld last October in which four people died. More
Tourism is not always a force for good, or indeed spreading the economic love, as is so often claimed by industry advocates. Orphanage tourism is a case in point. In Cambodia, for example, there are less orphans than in 2005 but since then the number of orphanages has increased by 75%. How can this be? The simple answer is demand and supply. More
Low cost carrier Tigerair Australia has expanded its services on the rapidly evolving and historically high-yielding Canberra route, where planes come stuffed with political fat cats and corporates, launching three return services between Brisbane and the national capital each week. It’s also boosted its Melbourne-Canberra service by an extra weekly flight. Tigerair’s Canberra expansion is good for competition but not for yields. Fares start at $49 ex-Melbourne and $69 ex-Brisbane.
The number is big but the timing could be better. Just one day after STR revealed that room rates in Singapore have declined for 18 consecutive months, AccorHotels has announced the Sofitel Singapore City Centre will become its 800th property in Asia Pacific region when it opens in October. More
Vietnam was the fastest-growing international destination for Australians during July. More
China has been confirmed as the world’s most dynamic cruise market with annual growth of 76% between 2013 and 2016, according to an Asia Cruise Trends report from industry association CLIA. The report reveals that 3.1 million Asians took cruises in 2016, 55% more than in 2015. “Of these, 68% (2.1 million) were from mainland China, a market which almost doubled as it grew by 99% last year.” More
Australia was the only major aviation market where domestic demand dropped during July, according to the International Air Transport Association. “Domestic travel demand grew by 7.9% year-on-year in July, in line with 8.0% growth recorded in June. China led all markets (+15.0%).”
Don’t expect much to change at Expedia following the departure of online travel savant Dara Khosrowshahi, who has taken the top job at Uber.
That’s the message from his replacement, Mark Okerstrom, the former Expedia CFO, pictured, who says the company will focus on building out its accommodation inventory and take advantage of opportunities as they arise. See Skift story.
Thoughts of global warming have been cast aside as Australia’s snow resorts enjoy the best late season since at least 2012 as the third blizzard in a month pounds the mountains. More
A decision to make customers take a bus tour instead of the luxury European river cruise they were promised could cost Scenic Tours up to $16m. More
Hotel and resort company Mantra Group boosted its net profit by more than 22% to $45.6m for the year to June 30, 2017. CEO Bob East said: “The majority of this improvement was driven by six new property acquisitions during the year supported by strong revenue growth from the key markets of Sydney, Melbourne, ACT, and Sunshine Coast.” More
Lots of snow, blue sky and a gentle breeze. The view from 2000 metres at Thredbo, which has just posted an $18m profit More
Flight Centre shares rose another 10% yesterday to $49.10 – the highest in three years – despite posting a profit before tax ( $325 million) that was -5.7% down on last financial year. The shares have risen from just $28.53 in late March. So why the surge? More
Retail and inbound travel company Helloworld has reported a $31 million net profit for 12 months to June 30 – up from $3.5 million last financial year – largely driven by by revenue growth of 8.7% in its Australian business and the contribution of recently-arrived AOT businesses. More
Inbound tourism into Australia continued its steady growth through June. The United States + 13.7%, India +12% and China +11% were the fastest-growing major markets. More
Intrepid Group has bought 50% of Chimu Adventures and its subsidiaries from co-founders Chad Carey and Greg Carter, pictured, who will continue to run the business independently. More
Accommodation booking platform Airbnb has just recorded its busiest ever night with more than 2.5 million people staying in listed properties on Saturday, August 5.
“On any given night, 2 million people are staying in other people’s homes around the world on Airbnb,” the company added. More
Priceline Group spent a record US$1.147 billion on “performance advertising” in the three months to June 30, increasing its online ad spend across all brands by 24% over the previous corresponding period. More
Just after 10am yesterday, Mantra Group announced it had bought the Art Series Hotels Group brand and management rights of its seven art-themed properties in Melbourne, Brisbane and Adelaide for $52.5 million. More
Japan, China and technology represent enormous opportunities for Jetstar, CEO Jayne Hrdlicka told the CAPA aviation summit in Sydney this week. More
Webjet has made the biggest move yet in its impressive segue from one-trick-pony OTA to diversified global travel company by agreeing to buy JacTravel for GBP200 million. More