Issue 26: 22nd July 2013

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    Austerity is new normal

    Austerity measures are now the norm for the European managed travel sector, according to a PhoCusWright study for Travelport. The report found that the need to comply with corporate travel policies was creating a new breed of consumers, who were demanding more online access to travel bookings. The research also found that this younger generation [...]
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    Mobile payments falter

    The forecast for mobile payments this year in the US has been cut from USD2.12bn to USD1bn by eMarketer. The report may give companies pause when considering signing up to Google Wallet or Apple’s Passbook, both of which have attracted much attention from the travel sector. The findings came after ComScore released a study which [...]
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    Alibaba builds travel holdings

    Alibaba, the China-based e-commerce company, has invested in Qyer.com, one of China’s leading travel websites. Alibaba, which did not disclose the terms of the deal, said that Qyer would compliment its existing booking site, Taobao Travel. The agreement comes at a time when the country’s online market is seeing a spate of deals. Alibaba said [...]
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    Homeaway makes Asia-Pacific move

    Homeaway has acquired a majority stake in Singapore-based Travelmob in an undisclosed, all-cash deal. The deal marks an acceleration of its growth as it competes with home-rental rival Airbnb and appears to be seeking to distance itself from the controversial so-called ‘sharing economy’. The company will now spend USD2m expanding the Travelmob business. The Travelmob [...]
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    Marriott makes distribution push

    Marriott International has announced a series of technology-related innovations, including new regional websites, a new photo-sharing app and an enhanced rewards programme. The developments should see the group bolster its distribution to maintain its reputation as one of the more forward-thinking operators, at a time when its competition is getting more technology-savvy. One of the [...]