If you’ve ever wondered how travel companies like Thomas Cook got so prominent, last weeks 170th anniversary of their founders holidays should be a clue. Thomas Cook’s first hosted tour, a train ride with 500 demonstrators back in 1841, launched maybe the world’s most respected holiday travel company.
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.
Travelocity announced the four grand prize winners for their recent Travel for Good® program. Over the last six months Travelocity has been looking for stories of inspiration from volunteers around the world. The four winners will each receive a $5,000 grant for a so called “volunteer vacation” – where they can offer their services in some corner of the world.
TUI Travel PLC just announced today their reaching an agreement with TUI AG and subsidiary Magic Life to acquire six companies Magic Life leases and manages through.
Just about every news outlet in Europe is all a buzz about private equity firm Axa, and Permira headed for a deal to buy Amadeus’ Opodo. The OTA started in Germany in 2001, if the deal goes through as suggested, will be worth between $500 and $700 million. An unnamed source at Amadeus IT Holding SA told Reuters the sketch details of the negotiations.
With Super Bowl XLV headed to living rooms and sports bars everywhere this weekend, one highly anticipated aspect of that great event is, of course, the ever present commercials which often entertain more than the game itself. Remember the time when your parents rented that beach house for the Summer? HomeAway remembers.
When you see a development like Tripsay in the corner at the dance, you have to ask yourself; “Is everyone at this party stupod?” This Finnish travel development should have been either bought or adopted for any number of mainstream travel companies – but it wasn’t. Tripsay now intends to modularize their innovation so that mid sized players can compete with the likes of Expedia and TripAdvisor.