Tag: Travel Agency

The Golden Ticket for Travel Startups 🏆

→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. Let’s dive into this week’s top news: Next level for experience businesses. Beyonk, a leading software solutions provider for experience businesses, secures $5.8M in funding to support rapid international growth. The investment will drive organic expansion, maximizing client revenue through product […]

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 […]

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 […]