Webjet

Webjet Limited (Company) continues to progress the potential separation of its two leading travel divisions, WebBeds and Webjet B2C, via a demerger. 

Online travel agency Webjet Limited requested a trading halt this morning and announced that it has made an agreement to acquire Destinations of the World (DOTW) for USD 173 million. Turns out, the company is planning to raise capital to fund an acquisition.

FIT Ruums, Webjet Group’s B2B travel distributor in Asia, has taken a major step forward in its global expansion strategy with the launch of its first Japanese office in Osaka.

Webjet has entered into an agreement to acquire JacTravel, which will join Sunhotels, Lots of Hotels and FIT Ruums in its B2B division, WebBeds. The GBP200 million (US$264m) acquisition from Vitruvian Partners will propel WebBeds to become one of the world’s largest B2B travel providers. London-based JacTravel is among the biggest independent B2B platforms in […]

FIT Ruums, Webjet’s new B2B travel distributor in Asia, has unveiled a new rewards programme aimed at developing closer relationships between travel agents and suppliers. The newly-launched FIT Rewards allows travel suppliers to incentivise and educate agents by offering a series of rewards, from lifestyle products and hotel stays to event invitations and fam trips. […]