Everyone associated with Travelport has to have breathed a sigh of relief on the news that Travelport Holdings successfully revamped their debt, extending their PIK until December of 2016. Unanimous support from their lenders now ensures the travel giants ongoing operations.
TripAdvisor, the leading online travel reviews site in the world, is now under investigation by the UK’s Advertising Standards Authority (ASA) over concerns reviews from travelers may be illegitimate. A formal investigation has reportedly been launched on the heels of complaints TripAdvisor’s reviews problems have reached monumental levels.
President Obama’s projection about travel agents, and the potential for them becoming obscolete brought on a firestorm of criticism from who else? The ASTA of course. The American Society of Travel Agents took great offense and injury at comments that. Comments that. Were effectively accurate, that’s what.
With markets around the world in a bit of chaos, it’s interesting to note one India travel company reporting astonishing growth. According to news from MarketWatch, MakeMyTrip Limited is going like gangbusters – the company has posted an over 50% YoY profit increase. The India’s leading travel portal may soon lead more than just India.
Okay, just because Google bought ITA, just because flight search stuff got put onto the search page, just because they have 50 billion reasons to take over online travel, does not mean Sergey Brin, Larry Page, Eric Schmidt, and the rest at Google will. AND, launching the unbelievably fast Google Hotel Finder aspect for online travel? Nah, Google will never take over the multi-billion dollar online travel scene. Yeah! They will.
The suggested Google Travel entity could be just around the corner. According to the news from Tnooz and Kevin May, Google unceremoniously yanked third party reviews from hotels on Google Maps and Google Places, a move May suggests puts Google’s review credibility down there with TripAdvisor’s. But what if?
Expedia.com announced today that travelers looking to book vacations to Europe should seriously consider a cruise.
The need for Russia to enter the digital age where online travel visibility is concerned may have just been met. In news from Moscow, entrepreneurs there have just raised another round of $13.6 million for Ostrovok, Russia’s answer to Expedia. The new travel portal may have Russian travel sewn up, but what about travel TO Russia?
TripAdvisor, the online world’s most popular travel website, has reportedly purchased Where I’ve Been, the once popular Facebook application. The map oriented platform allows users to display where they have visited or lived, and places they would like to visit. Once a “viral” application with something over a million monthly users, the app now sees only a fraction of that number.
Travel and tourism in the digital world is branching out in “pioneer” fashion more and more these days. One startup we took a look at today, GetYourGuide, illustrates vividly what is possible with the right people behind an endeavor. GetYourGuide, founded in 2008, is a development that has been hard at work becoming the digital world’s tour and specialty activity “go to” platform.
According to TechCrunch’s reliable network of source, Google may well roll out an integrated ITA search platform within days. A report by TC’s Leena Rao 16 hours ago suggests Google’s recent acquisition may in fact be the forboding nightmare Microsoft, Expedia, and others feared.
Today, the Global Business Travel Association (GTBA) announced a new Travel Value Chain panel comprised of noted industry CEO’s at major travel providers.
Private equity firm Permira, and France’s Axa, have received the “go” from EU regulators in their bid to buy online travel entity Opodo. The two investors intent to merge the Spanish Opodo company with Go Voyages and eDreams will create one of the digital world’s biggest online booking agencies.
Expedia and its sister company Hotels.com released new mobile apps for Android as well as an upgraded mobile website for Expedia.com. Expedia is showcasing the new apps and features at Google I/O Developer Sandbox. Among the new features in the Android app are: Interactive view of all hotels in an area with multiple sorting options […]
Already the world’s largest online travel portal in revenue terms, this hasn’t stopped Expedia from eyeing the Indian travel industry as its next big market. Can Expedia garner a significant share of this market? Only time and India travelers will tell.