Articles tagged “webjet”

Hotelbeds Boss Isn’t Worried About the Model of Nonrefundable Rates in a Post-Crisis World

Hotelbeds Boss Isn’t Worried About the Model of Nonrefundable Rates in a Post-Crisis World

Sean O'Neill, Skift

The hotel room bedbank Hotelbeds confirmed on Thursday that it had received a loan of about $435 million (€400 million), boosting its cash cushion. But will cautious travelers be as interested in the company's typically non-refundable rates and otherwise typically restricted offers during months of uncertainty about possible travel restrictions?

5 months ago

Australia’s Uluru Sees Bright Future From Visitors Interested in More Than a Rock

Australia’s Uluru Sees Bright Future From Visitors Interested in More Than a Rock

Raini Hamdi, Skift

All roads lead to Uluru, even after October 26 when a ban to climb "The Rock" is put into effect. Customers are changing, a reason why it should all be rock-steady for the red desert in Australia's Northern Territory long after the ban is enforced.

1 year ago

How Australia’s Webjet Is Building a Global Business by Going Wholesale

How Australia’s Webjet Is Building a Global Business by Going Wholesale

Patrick Whyte, Skift

Webjet has really transformed its business over the past few years through a couple of sizable acquisitions. The Australian consumer market is proving pretty tough, so pursuing a strategy of global expansion in the wholesale arena makes sense.

1 year ago

WebBeds, Agoda Rush to Serve New Generation of Muslim Pilgrims to Saudi

WebBeds, Agoda Rush to Serve New Generation of Muslim Pilgrims to Saudi

Raini Hamdi, Skift

Saudi Arabia is expanding its infrastructure to support 15 million Umrah visitors a year by 2020, and 30 million by 2030. WebBeds and Agoda are two major Asian players that are jostling for position in the promising niche.

1 year ago

Why Does Traveloka Want to Venture Into Competitive Australia?

Why Does Traveloka Want to Venture Into Competitive Australia?

Raini Hamdi, Skift

Traveloka is going after a slice of the Australian online travel market. That's brave. Even though the market is robust, the space is highly competitive. While Indonesia is popular among Australians, travelers still mainly prefer Bali, which is like their backyard. So what has Traveloka to offer?

2 years ago

Webjet Australia Grew Revenue Tenfold in 8 Years: Now It Gets Tough

Webjet Australia Grew Revenue Tenfold in 8 Years: Now It Gets Tough

Raini Hamdi, Skift

Webjet Limited has risen as a major online travel agency in Australia and the No. 2 bedbank player globally. But stiff competition among online players down under, a slowdown in cruise sales, and low bedbank margins will keep it on its toes.

2 years ago

WebBeds on Shopping Spree for Bedbanks: Should Hotelbeds Be Worried?

WebBeds on Shopping Spree for Bedbanks: Should Hotelbeds Be Worried?

Raini Hamdi, Skift

The acquisition of Destinations of the World seals WebBeds as the second largest B2B bedbank player, but incumbent Hotelbeds need not worry – for a very long time.

2 years ago

Thomas Cook and Expedia Reach Wide-Ranging Deal for Hotel Sourcing and Selling

Thomas Cook and Expedia Reach Wide-Ranging Deal for Hotel Sourcing and Selling

Patrick Whyte, Skift

Thomas Cook's efforts to strip its hotel business back to its core exclusive sun and beach properties continues. The deal with Expedia seems more wide-ranging than the previous tie-up with Webjet, and chief executive Peter Fankhauser's comments hint at a potential for a closer arrangement in the future.

3 years ago

Webjet Is Buying JacTravel as Wholesaler Consolidation Intensifies

Webjet Is Buying JacTravel as Wholesaler Consolidation Intensifies

Patrick Whyte, Skift

In a short period, the number of companies at the top of the business-to-business travel market has shrunk dramatically. The deal continues Webjet's transition from a regionally focused consumer travel company to a global travel business; other acquisitions will follow.

3 years ago

Gol eliminates 850 jobs and returns Webjet’s fuel-inefficent jets

Telman Marotto and Karen Eeuwens, Bloomberg

The job losses at Gol will certainly be painful, but transitioning to more efficient aircraft as Gol erases the Webjet brand makes sense in the long run.

8 years ago