Issue 40 - 26th November 2013

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    Traveloka bucks meta trend

    Traveloka, one of Indonesia’s two leading travel meta-search sites in Indonesia, is moving from the meta-search model to becoming an online travel agent. The decision is in contrast to current industry trends, which have seen the launch of new meta products as well as the acquisition of existing players by OTAs. In September Traveloka announced [...]
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    Facebook failing TripAdvisor

    Facebook is falling out of favour with TripAdvisor, despite the pair’s former close relationship. TripAdvisor’s CEO told a conference that he was disappointed with the social network and was instead looking to advertise more on Google. Stephen Kaufer told the RBIC Technology, Internet, Media & Telecommunications Conference that TripAdvisor had planned to spend the same [...]
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    China’s B2B backed

    8trip, a China-based online travel service connecting suppliers and sellers, announced this week that it had raised USD24.5m in funding. The company said that it was the largest injection yet of capital into the country’s nascent B2B sector. Vision Knight Capital led the funding round, with SoftBank China Venture Capital also participating. David Wei, chairman [...]
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    Asia-Pac travellers favour brand sites

    Travellers in Asia-Pacific favour hotel websites for pricing and location information over online travel agencies, according to a new study from Accor. The results backed up Accor’s current strategic efforts to encourage visitors to its brand.com site, although it did not confirm whether consumers then subsequently used hotel sites to book. “These results echo confidence [...]
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    Expedia falls foul of French – again

    A French antitrust body has filed a case against Expedia, attacking a clause that gives the online travel agent power over price. The filing is the latest in a series of moves against Expedia in France, the most recent being a call for the government to legislate against rate parity. In this latest action, the [...]