I think I might as well call it China month here are the BOOT. I have another interesting piece for you to read about the Online market in China. This one is from McKinsey and covers online China in general (not just travel). Called "China's Internet Obsession" this article comes from the McKinsey Quarterly (registration required for full article but no cost to register). Couple of highlights from...
It is definitely China week here are the BOOT. Two posts on Ctrip last week one on an interview with their CFO Jane Jie Sun and one on their acquisition war chest plans.This week I came across another interesting post for China watches to read. Rick Munarriz over at the Motley Fool site published a post titled "Panoramic View of Chinese Travel Plays" In the story Muarriz discusses the performance...
I have re-read the Tnooz predictions for 2010 to confirm but as best I can tell none of the online travel punderati mentioned online private sale companies in their predictions for 'what's hot 2010'. But if the buzz around Jetsetter, Voyage Prive, Kayak Private Sale and more is anything to go by then clearly we should have. After I wrote a post on Tnooz called "Non-transactional travel sites are chasing...
Day for a Ctrip double post. A few movements ago a link to a Tom Botts post from a presentation by Ctrip CFO Jane Jie Sun. Now I have just spotted a Reuters/Yahoo! Finance news story that Ctrip are planning to place 5.7mm American Depositary Shares (currently priced at around $36). In non-finance English this means they are looking to raise somewhere around $200mm in capital. What do they plan...
BOOT recommended read of the week - Tom Botts of Hudson Crossing's summary of Ctrip CFO Jane Jie Sun presentation at the Goldman Sachs Technology and Internet Conference in San Francisco. Post is called "Ctrip and Home Inn: How Different China Really is". Includes notes like "Only 2% of travel in China is booked online today - and Ctrip has 50% of that market". Worth a read. Always worth remembering...
Final speaker list is live for the No Vacancy conference in Sydney March 18. I will be there as an attendee and blogger. Will be tweeting under the hashtage #novacancy. Let me know if you'll be there and would like to meet up. Rego details here.Some of the speakers I am looking forward to are:Simon McGrath, Vice President Australia, Accor HospitalityRobbie Cooke, CEO, Wotif.comYury Shar, Managing...
I received an email this morning from Affiliate Future. A company providing marketing services to help companies generate affiliate sales. They are pitching an affiliate relationship between the BOOT and Qantas. The offer is for $15 a sale. The email invite contained this sentence as the big hook to draw me in"I’m reaching out [to you] as I think Qantas is highly relevant for your site and traffic"Why...
Three articles/posts this week with information on Priceline's strategy for Asia. They are all good reads and I recommend them to you. Playing to my bias for comments on Asia/Australasia, I poured through the posts to look for details on Priceline's investment in Agoda and plans for Booking in the region. Unfortunately Priceline continue to closely guard the details on Agoda's performance.The three...
10 years ago last month(January 2000) British Airways changed business class flying forever when they introduced the lie flat business class seat. I am sure that the revenue management team putting together the pricing and yielding plan for that launch did not realise that 10 years later they would be causing the death of first class. The launch itself completely changed the pricing for the standard...
Here at BOOT central we try to collect and collate information on Asia's online travel companies. One of those we are tracking is AsiaRooms, the Pattaya based online hotel company owned by the European travel giant TUI. As reported last year AsiaRooms is incorporated into the LateRooms part of TUI.In May 2009 I managed to collect some information about the performance and results for the TUI Online...