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Webjet

From Wikipedia, the free encyclopedia

Webjet Limited
IndustryTravel
Founded1998
FounderDavid Clarke, John Lemish, Allan Nahum
Headquarters,
ServicesTravel Booking

Webjet is an online Travel Agency that allows consumers to directly book airline tickets and hotel reservations. Webjet was established by former Jetset Travel (now Helloworld Travel) Chief Executive David Clarke, Allan Nahum and John Lemish in 1998.[1] Webjet is currently owned by WEB Travel Group LTD, following a demerger from Webjet Limited in September 2024.[2]

History

[edit]

Webjet was listed on the ASX in 2000 via a reverse takeover of Roper River Resources NL.[3] Roper River Resources NL became Webjet NL on 18 April 2000, and Webjet Limited on 15 June 2000. On 31 May 2001, Webjet's booking system became fully automated.[4]

In April 2010, Webjet began operating in North America through a joint venture. [5] John Guscic became Managing Director in February 2011.[6]

In April 2012, Webjet sponsored the Melbourne Football Club and partnered with flybuys.[7][8]

Webjet acquired Zuji in Australia, Hong Kong, and Singapore in March 2013.[9][10] In February 2014, Webjet renewed its partnership with Sydney FC and acquired the SunHotels Group.[11][12]

In February 2015, Webjet started accepting Bitcoin for bookings.[13] Zuji was sold in November 2016.[14] Webjet concluded its North American joint venture in June 2017.[15] An investment in LockTrip was announced in March 2021.[16] In September 2024, Webjet Limited demerged into Web Travel Group and Webjet Group.[2]

References

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  1. ^ "Webjet announces board shake-up". The Age. 18 August 2010. Retrieved 27 March 2018.
  2. ^ a b "Shareholders approve demerger". Web Travel Group. 17 September 2024. Retrieved 19 November 2024.
  3. ^ Tan, Su-Lin (4 February 2015). "Webjet starts accepting Bitcoins for holiday packages". The Sydney Morning Herald. [verification needed]
  4. ^ "Webjet Redies For 100% Automation - Webjet.com.au". media.webjet.com.au. Retrieved 27 March 2018.
  5. ^ Schaal, Dennis (23 April 2010). "Former Virgin Blue exec brings online travel agency Webjet to US". Phocuswire.
  6. ^ "Webjet Ltd (ASX: WEB)" (PDF). Australian Securities Exchange.
  7. ^ "Webjet Signs as Major Sponsor of Melbourne Football Club" (Press release). Webjet. 13 April 2012.
  8. ^ "More bells and whistles for Coles FlyBuys". Financial Review. 20 April 2012. Retrieved 27 March 2018.
  9. ^ Ogilvy.com.au. "Webjet Limited acquires Zuji in Australia, Hong Kong and Singapore - Media release - MinterEllison". www.minterellison.com. Retrieved 27 March 2018.
  10. ^ May, Kevin (12 December 2012). "Travelocity sells Asia-Pacific agency Zuji to Webjet for $25 million". Phocuswire.
  11. ^ "Sydney FC And Webjet Agree New 2 Year Partnership". Sydney FC. 18 February 2014.
  12. ^ "Sunhotels - Webjet Limited". Webjet Limited. Retrieved 27 March 2018.
  13. ^ Tan, Su-Lin (4 February 2015). "Webjet starts accepting Bitcoins for holiday packages". The Sydney Morning Herald.
  14. ^ May, Kevin (9 November 2016). "Four years on, Webjet sells Zuji for AUS$56 million and doubles its money". Phocuswire.
  15. ^ "Company to re-acquire rights to webjet.com domain name from joint venture partner". Travel Daily. 30 June 2017.
  16. ^ "Investment in Locktrip" (PDF). 18 March 2021. Retrieved 18 March 2021.