26/11/2009

News Update - November 26, 2009

Source: m-travel.com...

Chris Loughlin to become CEO of Travelzoo...
Christopher Loughlin, executive vice president, Europe, Travelzoo will become the company’s chief executive officer, effective July 1, 2010, while CEO Holger Bartel will become chairman of the board of directors. Chairman and Travelzoo founder Ralph Bartel, who has served as...

Alipay to provide third-party online payment support to China Eastern website...
China Eastern Airlines has formed a strategic alliance with Alibaba Group’s Alipay and Taobao subsidiaries. The airline has taken this initiative to expand China Eastern’s capability to serve more customers through e-commerce. Alipay will provide online payment support for ticket...

eLong delivers another quarter of positive operating income...
Long’s net income in the third quarter was RMB7.5 million ($1.1 million) compared to net loss of RMB15.5 million in the prior year period. Total revenues increased 15 percent year-on-year to RMB103.2 million and net revenues increased 16 percent year-on-year...

AirAsia’s ancillary income grows by 86 percent...
AirAsia Berhad has recorded a net income of RM130 million ($38 million) for the quarter ending 30 September 2009 -- a complete swing from the reported net loss of RM466 million ($138 million) for the same period last year. Group...

AirAsia website gets 300m hits in the first 11 hours of its new campaign...
Low-cost carrier AirAsia says it recently set a new world record with its latest 1 Million Free Seats campaign and then broke it the very next day. Navitaire, AirAsia’s host reservation provider, shared that the airline set a new international...

Interview with housetrip.com’s CEO Arnaud Bertrand...
HouseTrip recently emerged as the winner of the The Get Funded Show@World Travel Market contest held in London. HouseTrip was first selected as one of the four finalists of the event on the first day and eventually was chosen as...

Anticipating future trends and behaviour patterns...
Predictive analytics is about extracting information from data and using it to anticipate future trends and behaviour patterns. This is based on a variety of techniques from statistics and data mining. From an online travel company’s perspective, Expedia’s director of...

More people want to go on a holiday alone: survey...
A survey has found that “Solidays” are on the rise with an increasing number of Brits heading off alone on holiday as friends and family struggle to fund travel plans. According to an online poll of 4,000 adults conducted for...

Twitter plans paid-for corporate accounts...
Twitter is planning to launch paid-for commercial accounts, which would provide corporate users with additional services to those that are freely available on the microblogging service. In an interview with the BBC, Stone said Twitter will begin offering the commercial...

US transactions market passes cyclical low: study...
A study has indicated that hotel investors’ sentiment for short-term (six-month) performance in the Americas increased for the first time following six consecutive semi-annual declines and, while still negative, stands at a three-year high. “While our newest survey reaffirms that...

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