Beleaguered Thomas Cook has unloaded gold and hotel business in Spain to help slash debt which has crippled their business of late. The 170 year old company will be selling their stake in Hoteles Y Clubs De Vacaciones for a reported £72 million. The news comes in advance of delayed Thomas Cook annual results which will almost certainly spur massive store closings and job losses.
Travel Technology
Thetrainline.com Profits Soar Offsetting Debt
A story on Travolution shows online rail bookings having increased at thetrainline.com boosting sales to more than £1 billion. Thetrainline.com revenue only offsets debt though.
Top 7 Travel Apps for iPhone
Planning a vacation or a trip is very easy with Apple iPhone. Its worldly travel apps facilitate you to book tickets; view the location, etc for making your travel memorable.
Magnuson’s GHX Adopted by 1000’s Already
In news from PRWeb London, via Digital Journal, Thomas Magnuson’s Global Hotel Exchange (GHX) announced today thousands of hotels adopting the not even released new online travel agency (OTA).
OTA CEOs: Part III
Continuing our series on decision makers in the online travel world, Argo jumps back in to an interesting Q & A session between reporters from USA Today and leading CEOs. Veronica Gould Stoddart and Roger Yu caught up with 6 top bosses at the recent PhoCusWright conference in Hollywood, Fla. We take up where we left off, analyzing answers to some key tech trend questions.
OTA CEOs: Part II
Yesterday we began a series on online travel agency CEOs, and a recent interview conducted by USA TODAY’s Veronica Gould Stoddart and Roger Yu. We analyzed a bit, some key decision makers’ mindset on the question of whether consumers want (will get) richer content from these industry giants during their travel searches. Expedia, Orbitz, TripAdvisor, parent Expedia, Travelocity, and Priceline bosses all had their views there.
OTA CEOs and Who Has Your Back: Part I
What do you want from information providers? How about service providers that offer information you need to know to make decisions? Where online travel is concerned, there has been a lot of shakeup of late over these questions. Can you trust reviews? Which OTAs can you trust? We decided to micro-analyze some questions and answers already provided by none other than USA Today, and the leading bosses of your online travel agencies.
Stay Where You Surf! Surfbreakrentals.com
Surf’s Up. News from Northern California tells of surfers there launching a beach vacation rental site, Surfbreakrentals.com, by the company of the same name. The new travel website, with obvious intentions, offers some of the world’s best breaks and beaches at deals to users. In further news from the surfer dudes launching the site, world […]
Travelport Chief Envisions Better Cooperation With Airlines
Amidst all the kerfuffle regarding the failed attempt by American Airlines to change the way that global distribution systems operate, one of the key players in the squabble, Travelport CEO Gordon Wilson, has predicted a much more harmonious relationship between airlines and GDS companies in the future.
Twigmore Puts People First in Travel
A new startup called Twigmore is aimed directly at putting people and their real impressions of “places” in the correct order. Unlike many “geocentric” travel tools, this new entry tries to arrange for local review wisdom for your trip planning. At least this seems like the gist.
NORTHWIND: Congrats to Maestro Software Clients
NORTHWIND, the leading provider of hotel management and reservation software solutions is delighted to offer its congratulations to a number of its valued clients, which have landed numerous top awards from top level travel organizations, including TripAdvisor Choice, Conde Nast Traveler, Travel & Leisure Magazine, Forbes Travel Guide and AAA. NORTHWIND’s clients have built their […]
SITEX 2011 Expo Singapore Set To Be Biggest Ever
The SITEX 2011 Electronics and Computer Fair is back once again, and this year’s show promises to be the biggest and best yet with more than 900,000 visitors expected to attend the exhibition at the Singapor Expo Hall.
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