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Flight Centre reports eye watering $317 million loss, but well placed for the future.

Flight Centre Travel Group has released its First Half Results and rather than giving my interpretation of it, the full report ss below: – … Continue Reading

How Do Travel Managers View Corporate Booking Technology?

February 25, 2021 Business News No Comments

The Global Business Travel Association (GBTA) – the world’s largest business travel association, today launches the findings from a study into how travel managers view online booking tools (OBTs). … Continue Reading

Campaign for ongoing Fed Gov support intensifies

February 24, 2021 Business News No Comments

The campaign for ongoing Fed Government support including the evolution of JobKeeper for the travel sector continues to intensify. … Continue Reading

Accor to sell a 1.5% stake in Huazhu for €239m

February 23, 2021 Business News No Comments

Accor announces that it completed the disposal of a 1.5% stake in Huazhu Group Limited (HTHT) for €239m. … Continue Reading

Much as I hate to say it, Alan Jones is right this time – tourism and travel are heading for total collapse

We all know Alan Jones can be sensationalist and highly politically motivated and some might even say biased, but as I said in the header, much as I hate to say it, Alan Jones in a recent Sky News report is right – tourism and travel are heading for total collapse. … Continue Reading

Victorian Government support measures very welcome

February 22, 2021 Business News No Comments

The peak industry body, the Accommodation Association says the Victorian Government support measures announced today will provide much-needed relief for hotels, motels and accommodation providers hit hard by the state’s COVID restrictions, snap shutdowns and border closures. … Continue Reading

Fair Work Commission to intervene to halt planned MUA stoppages at VICT

February 22, 2021 Business News No Comments

The FWC will issue orders today suspending MUA action at VICT.  The union had planned action including full shift 12 and 24 hour stoppages over Sunday and Monday, and a range of other bans. … Continue Reading

Nearly half of respondents say border closures and restrictions have impacted their company travel recovery efforts in 2021

February 22, 2021 Business News No Comments

The Global Business Travel Association (GBTA), the world’s largest business travel association, finds most GBTA members and stakeholders (79%) would be “very comfortable” or “comfortable” traveling for business after receiving the Covid-19 vaccination, and almost half support mandatory testing prior to travel to ensure the safety of customers and clients when meeting face-to-face. … Continue Reading

VC investors continue to repose faith in Chinese companies in 2020, reveals GlobalData

February 20, 2021 Business News No Comments

Despite a wave of antitrust moves against tech giants such as Alibaba and Tencent, venture capital (VC) investors seem to be reposing their faith in China-based companies. … Continue Reading

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