Archives for November 2006

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November 30, 2006 | Permalink | m-Travel.com

Is lack of knowledge in microeconomics the biggest challenge which RM professionals face today?

EFT Amsterdam Special

The Hotel Management Group, InterContinental Hotels Group, Americas has taken series of initiatives pertaining to revenue management in the last 12 months.

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November 30, 2006 | Permalink | m-Travel.com

Avis focuses on traditional principles of online retailing as it launches Avis.co.uk

Avis Rent a Car has launched its new website avis.co.uk, terming the initiative as a revolutionary one.

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November 30, 2006 | Permalink | m-Travel.com

Ryanair hikes its stake in Aer Lingus to 25.2 percent

In a significant development, Ryanair bought £59m worth of shares in a deal which takes its stake in Aer Lingus from 19.2 percent to 25.2 percent.

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November 30, 2006 | Permalink | m-Travel.com

Which online travel site satisfies consumers’ craving for deep discounts?

Hotwire.com ranks highest among the independent travel websites in satisfying customers who book their reservations online. This ranking is as per the latest J.D. Power and Associates 2006 Independent Travel Website Satisfaction Study released.

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November 30, 2006 | Permalink | m-Travel.com

Battery Ventures, Sequoia Capital India invest $15 mn in Travelguru

Indian online travel portal Travelguru has received a fresh infusion of capital commitment to the tune of $15 million from Battery Ventures and Sequoia Capital India.

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November 29, 2006 | Permalink | m-Travel.com

GTA and Octopustravel select SDL technology for global expansion

Gullivers Travel Associates (GTA) and Octopustravel  have awarded SDL International a $400,000 strategic contract to provide technology solutions and enable the delivery of their travel products in 11 languages.

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November 29, 2006 | Permalink | m-Travel.com

MAS’ Business Turnaround Plan delivers results

Malaysia Airlines has announced a net profit of US$66.1 million for the quarter ending September 2006, the first profit recorded by the airline since the unveiling of its Business Turnaround Plan (BTP) in February this year.

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November 29, 2006 | Permalink | m-Travel.com

Galileo introduces multi-currency rate distribution for hotels

Galileo has launched multi-currency rate capabilities for hotel companies distributing through the Galileo GDS.

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November 29, 2006 | Permalink | m-Travel.com

Expedia enters Japan

Expedia has launched its Japanese website, Expedia.co.jp.

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November 29, 2006 | Permalink | m-Travel.com

Focusing on the long-term, proactive revenue management


EFT Amsterdam Special

Hyatt International Hotels & Resorts is investing a lot of time and money in training processes and the nurturing of a revenue management understanding, culture and behaviour in among its hotel’s relevant teams, apart from investments made in technical systems and tools, according to with Siv Forlie, director - revenue management, Europe, Africa & Middle-East, Hyatt International Hotels & Resorts.

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