Headlines
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Oaks buys Qld QT hotel
Wednesday | Dec 12 2018OAKS Hotels & Resorts, a division of Minor Hotels, has acquired the freehold interest of the boutique resort QT Port Douglas and adjoining land, in a move to “strengthen its position in Tropical North Queensland”.
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Travelport $4.4b takeover
Tuesday | Dec 11 2018TRAVELPORT Worldwide will be taken private in a buyout worth US$4.4 billion, with the company last night recommending shareholders accept a US$15.75 per share offer.
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AF-KLM simplifies Europe
Tuesday | Dec 11 2018AIR France-KLM’s codeshare deal with Qantas has made it easier for Australian travel agents to sell Europe via the airlines, the group’s SVP Asia Pacific Antoine Pussiau told Travel Daily yesterday during his first visit down under.
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Zuji shutdown over BSP shortfall
Tuesday | Dec 11 2018THE Hong Kong and Singapore operations of online travel agency Zuji have been suspended, with the company’s participation in IATA’s Billing and Settlement Plan blocked due to a reported failure to meet payment obligations.
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NZ reaps $39b windfall
Tuesday | Dec 11 2018NEW Zealand’s tourism industry has contributed more than NZ$39 billion to the country’s economy, with growth in spending now out-pacing that of visitor arrivals.
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Qld seals MoU with Ctrip
Monday | Dec 10 2018TOURISM and Events Queensland (TEQ) has signed a new agreement with Chinese travel giant Ctrip, with the deal set to see the state promoted as the “perfect next holiday destination” to over 300 million consumers across China.
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Airlines to weigh carry-on
Monday | Dec 10 2018THE Australian domestic aviation sector is cracking down on overweight carry-on, with Qantas, Virgin Australia and CASA participating in a combined push which may see bags weighed either at check-in or boarding.
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Wanda plans 700 hotels
Monday | Dec 10 2018CHINESE company Wanda Hotels & Resorts has revealed plans to open 700 hotels in China within five years under a new premium mid-end brand called Wanda Moments.
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Intrepid targets $1 billion
Friday | Dec 7 2018INTREPID Travel is continuing its strong growth trajectory, with co-founder Darrell Wade yesterday saying the company is “pretty confident we’ll hit a billion bucks by 2025”.
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CATO to host crisis forum
Friday | Dec 7 2018THE Council of Australian Tour Operators (CATO) has confirmed it will hold a Crisis Management Forum early next year, with the one-day event aiming to help the industry minimise the potential impact of catastrophic incidents.