Alan Joyce’s visit to the posh Wolgan Valley spa on a crisp day in May last year was no holiday. For the chief executive of Qantas Airways Ltd. the exclusive resort, in a wilderness west of Sydney once explored by Charles Darwin, was hostile territory.
Qantas Airways Ltd. cut off funding for Australia’s top tourism body, saying its Chairman Geoff Dixon, the carrier’s former chief executive officer, is part of a group trying to change a planned alliance with Emirates.
Sales of Australian hotels to offshore buyers set a record in the first half as Asian companies including Shangri-La Asia Ltd., Starhill Real Estate Investment Trust and Langham Hospitality Group were lured by rising occupancy and room rates.
Yin Qiang, a technology manager from Beijing, traveled from Australia’s Gold Coast to Melbourne before climbing the Sydney Harbour Bridge with his wife. Next time, they might see a show at the city’s iconic Opera House.
Avago Technologies Ltd. won a patent- infringement case against Emcore Corp. and can now seek an order to block imports of Emcore optoelectronic devices used to connect computers in a local area network, a U.S. trade agency said.