Tag: Online Travel

Rezdy raises another $3m and there’s more on the way

Sydney company Rezdy has raised a further $3m to fuel growth in North America, opening a second US office in Raleigh, North Carolina.  The company said: “This was an interim round to fund acceleration in the international growth of Rezdy ahead of a larger equity round later next year.” Grand Prix Capital, which first invested […]

Nalin Kalayanamitr, Marketing and Sales Strategies Manager, Lub d Bangkok Hostel

Nalin Kalayanamitr is a Marketing and Sales Strategies Manager at Lub d Hostel in Bangkok, which was rated “one of the 17 coolest hangout hostels in the world” according to Britain’s influential daily, The Observer. Nalin was born and grew up in Chiang Mai. She received a Bachelor of Business Administration from Chiang Mai University. […]

Most leading Australian accommodation websites are US owned

Most of Australia’s best-selling accommodation websites are owned by US corporations, according to research from SiteMinder.  Online channel analyst Duncan Waterman said: “The rapid rise of international sites like Expedia, Booking.com and Agoda in the Australian market really stood out. Some of the local online players unfortunately haven’t capitalised effectively on their early entrance into the market.”  The top 10 […]

Expedia, Agoda say ‘sacred cows’ of rate parity and last room availability killed by COVID

The adversarial relationship between hoteliers and the OTAs has changed to an “all hands on deck mentality” during COVID with operators no longer insisting on rate parity and last room availability – once major sticking points – as they scramble to put heads on beds, according to Expedia and Agoda. Speaking at the Web in Travel […]

Viator smashes it: big profit after years of losses

No pain no gain. That could be the mantra at tours and activities business Viator, which has staged an incredible turnaround over the past 12 months due primarily to the hard-headed vision of Dermot Halpin, who has shaken the company up and made it profitable – literally tens of million of dollars in the black – […]

Luxury Escapes Buys Scoopon Travel & BonVoyage from Catch

The Lux Group, which owns online travel business Luxury Escapes, has bought Scoopon Travel and BonVoyage as part of a complicated, multi-faceted transaction with the Catch Group that will create a pure-play online travel business with $300m turnover and enormous buying power while clearing the way for further growth. In what the companies are calling  Australia’s largest “home grown” e-commerce […]