Revolutionizing the online hotel industry, Treovi reservation service recently announced their main objective of excluding all existing online commissions and founding an equitable collaboration between hotels and their customers. Now this is news.
The financials are in from Expedia. According to the reports, wile quarter 4 revenue was up by 6.7% at $787.1 million compared with the previous year, expenses took their toll virtually eliminating and growth for 2011.
Last week, Danny King over at Travel Weekly hit the nail on the head with his assessment of Expedia’s so called “verified” review system. Expedia Verified Reviews attempts to qualify hotel reviews using “use” of Expedia as a criteria. Having pushed TripAdvisor from the OTA nest on its own, Expedia seems intent on milking the last drop from the user review teat.
An article on Tnooz last Friday peaked our interest, Xotels boss Patrick Landman offering up key variables in what will become the biggest online trade war ever. When Google, all the big corporate OTAs, and key independent online travel entities lock horns for a final round, a few will not be left standing.
Continuing our series on decision makers in the online travel world, Argo jumps back in to an interesting Q & A session between reporters from USA Today and leading CEOs. Veronica Gould Stoddart and Roger Yu caught up with 6 top bosses at the recent PhoCusWright conference in Hollywood, Fla. We take up where we left off, analyzing answers to some key tech trend questions.
Yesterday we began a series on online travel agency CEOs, and a recent interview conducted by USA TODAY’s Veronica Gould Stoddart and Roger Yu. We analyzed a bit, some key decision makers’ mindset on the question of whether consumers want (will get) richer content from these industry giants during their travel searches. Expedia, Orbitz, TripAdvisor, parent Expedia, Travelocity, and Priceline bosses all had their views there.
What do you want from information providers? How about service providers that offer information you need to know to make decisions? Where online travel is concerned, there has been a lot of shakeup of late over these questions. Can you trust reviews? Which OTAs can you trust? We decided to micro-analyze some questions and answers already provided by none other than USA Today, and the leading bosses of your online travel agencies.
An article by Hotel News Now Editorial Director Jeff Higley last Thursday may just be the bugle call for a coming battle between OTAs and their benefactors, hoteliers. Higley’s report from the 23rd Deloitte European Hotel Investment Conference shined a bright light on growing friction between third party distribution agents, and the service providers they are supposed to help.
An article just the other day at Travel Agent Central hints at just how deep the well of ancillary travel revenue may be. According to a cited Amadeus/IdeaWorks report, ancillary revenues could triple from $32 billion to over $100 billion on the heels of electronic miscellaneous documents (EMDs). But, the real story beneath transactions may be the […]
On Tuesday, an new, independent OTA announced a strategical alignment with RateTiger. Global Hotel Exchange, a cost free distrubution channel for hotels to launch in January, will leverage the power of global hospitality technology provider Rate Tager and eRevMax.
The definitions of hotel room rate parity vary depending on who is doing the defining. The big online booking platforms speak of consistency and fairness, hotels often simply “have to” maintain parity to play in the game, and so on. But, is consistency at the expense of value and clarity worth then high price? These […]
So far this year, there have to have been 50,000 news reports suggesting profits and growth are headed upward for the travel industry. And on the other hand, many are asking, “How?” Hotels starting to charge for tidbits of service like the airlines, currencies and countries on the brink, and the other side of news suggesting growth is impossible, what are we to believe?
Starwood Hotels’ Luxury Collection Hotels & Resorts has released a limited edition US destination guide published by Assouline. Part of a set of bound books, the luxuriously crafted books show off the Luxury Collection’s most exquisite properties around the world.
Everyone associated with Travelport has to have breathed a sigh of relief on the news that Travelport Holdings successfully revamped their debt, extending their PIK until December of 2016. Unanimous support from their lenders now ensures the travel giants ongoing operations.
TripAdvisor, the leading online travel reviews site in the world, is now under investigation by the UK’s Advertising Standards Authority (ASA) over concerns reviews from travelers may be illegitimate. A formal investigation has reportedly been launched on the heels of complaints TripAdvisor’s reviews problems have reached monumental levels.