e-tid.com: Travelzoo plans Asia Pacific sale:
Deals publisher Travelzoo is to sell its Asia Pacific division to focus on its European, North American and Fly.com operations.
For the twelve months ended 30 June 2009, the Asia Pacific division reported revenues of approximately $1.5m and an operating loss of about $7.8m. Read more
I think I know why Oyster.com, the website featuring journalists’ hotel reviews, began requiring travelers to post reviews through Facebook Connect while TripAdvisor abstains from such a policy. See if you agree?
Dennis Schaal Blog: Why Facebook Connect Fits Oyster.com Strategy: TripAdvisor lives and dies by its traveler-written hotel reviews and the advertising money it takes in from the ads positioned "around the rails" of those reviews, while Oyster.com's business is based on journalist-written hotel reviews. Read more
Social justice it ain’t. The better term might be social-networking injustice. That’s what happened apparently when a thief stole a laptop and then boasted about the heist on the victim’s Facebook account. No big travel angle here for me, but lots of travel afficianados are interested in Facebook, Twitter and the gang.
Mashable: Thief Brags About Stealing Laptop on Victim’s Facebook Account: Talk about adding insult to injury: a burglar who has stolen a laptop and other properties from a woman’s house has later logged into the victim’s Facebook account and bragged about the deed, complaining that the TV in the victim’s house wasn’t good enough to steal. Read more
Apparently a passenger bill of rights law is not a slam dunk for the travel industry so industry groups and pundits will gather in Washington, D.C., Sept. 22 to discuss the issue. Maybe they should meet on a tarmac at Reagan National Airport instead to ensure a proper environment for the discussions? Just sayin'.
Eventbrite: Examining a Market Failure?: On Tuesday, September 22, 2009 consumer groups and travel industry organizations will conduct a Stakeholder Hearing in the Hart Senate Office Building regarding airline passenger rights. The purpose of the hearing is to examine passenger safety-related problems such as extended ground delays. Desired outcomes from the hearing include a better understanding of passenger safety problems; best practices from the EU in the area of passenger rights regulations; and the potential efficacy of proposed Congressional solutions. Experts representing all sides in this debate have been invited to participate in this hearing. Read more
Stock picker Jack Hough steps away from the pack enamored with online travel stocks, and places Priceline.com among three popular stocks that he believes will disappoint.
SmartMoney: 3 Popular Stocks Priced to Underperform: I like Priceline.com, but no more than I like Expedia (EXPE: 22.12, -0.65, -2.85%), Orbitz 3 Popular Stocks Priced to Underperform (OWW: 4.74, +0.08, +1.71%), Hotwire and the rest.
CruiseOne, the cruise agency franchisor, is taking steps to make it easier to attract new franchise owners. It sounds like a nice installment on future agency relationships.
Travel Weekly: Franchise now, pay later, says CruiseOne: CruiseOne, the cruise agency franchisor based in Fort Lauderdale, rolled out a financing plan for prospective franchise owners.
Under the program, new "Level One Franchise Owners" would pay $2,500 toward their initial franchising fee rather than pay the full fee of $9,800 up front, and CruiseOne finances the remaining cost of the franchise. The new franchise owner then pays in 24 monthly installments. Read more
It looks like the woes of the hotel industry, plus the unattractiveness -- to say the least -- of mortgage-backed securities are a foundation for less development of new hotel projects.
Reuters.com:Data shows US hotel projects fell further in July: NEW YORK, Aug 14 (Reuters) - The number of U.S. hotel projects in development fell 26 percent in July, another illustration of how the financial woes of the industry have curbed growth, Smith Travel Research data showed this week. Read more
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