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 […]
Tag: Travel Agency
AFTA left hanging after Prime Minister promises
Australian Federation of Travel Agents CEO Darren Rudd appears to have awkwardly misjudged the political climate by prematurely announcing a funding package that has yet to eventuate following a conversation with Prime Minister Scott Morrison. Rudd, pictured, who had asked the Federal Government for $250 million emergency funding over 18 months for travel agents, wholesalers […]
125 Helloworld franchisees close shop, business raises $50m
Helloworld has revealed that 125 of its franchise travel agencies have closed their shops due to the impact of COVID over the past few months. The Australia and New Zealand retail chain – ASX code HLO – made the revelation when announcing a $50m equity raise of new fully paid shares, which was successfully completed […]