Posted by as airlines
This Wednesday, American Airlines parent company AMR said that ticket sales had fared well after a dispute between them and two of the largest online travel agencies in the US though critics are saying that the extra incentives could have softened the blow. According to AMR, passengers looking to book flights had made a gradual [...]
Posted by as Uncategorized
It seems that the once innocent and well-meant start-up that is now known as Google is once again chomping its way through the internet as they megalithic search engine acquires ITA Software which could give it a leading edge in the market for online travel search results. Google acquired the company at a $700m price [...]
Posted by as Financial and Business, Travel News
US online travel website Kayak has expressed concern about Google’s acquisition of ITA Software while announcing that it plans to raise $50 million with an initial public offering. In a filing made with the US Securities and Exchange Commission, Kayak said it was still to set a share price for IPO. It is designed to [...]
Posted by as Uncategorized
Online travel giant Expedia has released a report that says occupancy in New York City’s hotels will not increase in 2011. The information comes from an Expedia report that has been created to help NYC hotels and travel-related businesses to make ample preparations for the coming year. Data for the study was compiled via bookings [...]
Posted by as Financial and Business
Amadeus, the Spanish travel operator, has said rumours that it intends to sell Opodo, the London-based online travel agent, are unfounded. Amadeus did however admit that it was looking at options for the affiliate and was in discussions with an investment bank over strategic alternatives to offer its board of directors. In the past, Amadeus [...]
Posted by as Featured News, Hotels
The hugely popular internet travel advice specialist TripAdvisor is under legal threat. A group, which represents more than one hundred hoteliers and includes user reviews of thousands more, is preparing itself for a transatlantic assault. The UK-based hotel reputation management company Kwikchex has said that around 120 hotels, predominantly from the US and UK have [...]
Posted by as Travel News
In an effort to cut costs, three-quarters of North American businesses have been examining and revising their travel policies. The effects of the global economic downturn has resulted in two-thirds of companies either prohibiting or dissuading employees, who have to travel for work, from choosing first- or business-class options with airlines. A new survey reveals [...]
Posted by as Travel News
Online travel agencies are voicing their concerns over the acquisition of airline flight information aggregators ITA Software by Google. ITA is a Massachusetts-based firm which was set up in 1996 by a group of MIT scientists. The firm provides data on airfares, flight times and ticket availability to the travel industry. In short, it is [...]
Posted by as Holiday News
Property website operator, Rightmove, has sold its holiday rental properties site, Holiday Lettings, to TripAdvisor, the travel website operator. The deal for the country’s largest independent holiday lettings site was announced last week and an undisclosed sum has been paid for the company. Rightmove is a subsidiary of travel giants Expedia. In March 2007, Rightmove [...]
Posted by as Holiday News
A report by online travel experts, Expedia, suggests that British holidaymakers like to book their trips well in advance and commonly opt for package deals. Those booking a holiday also tend to do so on a Monday evening, with only one in ten waiting for the weekend to come round to book a holiday on [...]