22/11/2007

News Update - November 22, 2007

Source: m-travel.com...

During economic downturn, in Asia we trust...
This November saw the launch of EyeforTravel’s 5th annual Travel Distribution Summit Asia, which is scheduled for this coming March in Singapore. Widely regarded as Asia-Pacific’s essential online travel event, TDS Asia has quickly established itself as an excellent mechanism...

For how long OTAs in India can sustain aggressive marketing and cash back offers?...
Travel Distribution India Special. "By end of 2007, some online companies will go bust / bought over."

Comtec buys back Amadeus' 20% equity stake...
UK-based leisure travel technology company Comtec has signed an agreement with Amadeus to buy back latter's 20% stake in the company acquired in early 2004.

Low fares may end up costing more than airlines think...
Jetstar, Australia’s newest low cost carrier, offered 5000 fares for just five cents in a move to draw the spotlight away from Tiger Airways launch on the Australian domestic network. However, shadowing this move is the threat that Jetstar may...

"Interactions with a travel agent will continue to be the basic steps in booking travel"...
Travel Distribution India Special. GDSs acknowledge that distribution models changed in the North American region due to 'zero-commission' levels for travel agents and also airlines adopting the latest trend of charging for ancillary services provided on their flights.

Dynamic pricing needed to beat the ‘tariff-busters’...
A new trend is emerging where consumers are taking advantage of hotels that do not have full dynamic control of their pricing by ‘tariff busting’. These customers are reacting against the hotel industry’s incongruous multi-channel pricing models, which mean that...

Suppliers fight back as "online aggregators own little"...
The online travel market is experiencing an evolution with the balance of power shifting over the past 12 months from online agencies to the suppliers, according to PricewaterhouseCoopers LLP.

AirAsia not to raise its fuel surcharge ...
AirAsia will reportedly not raise its fuel surcharge despite the rise in world crude oil prices, which topped US$99 a barrel yesterday.

Brought to you by touristintel.com.

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