In a 2014 economy seemingly stagnated OTAs and other travel businesses are feeling some pain. This is not the case for Priceline Group, which just showed a 1st quarter earnings jump of some 36% on international bookings. However, this company’s gain is evidently Orbitz’s and other digital travel business loss. Are we seeing a “weeding out” of good travel entities versus bad ones?
News this weekend lastminute.com UK boss Mark Maddock had quit brought on rumors Sabre may be planning to sell the travel entity.
At the end of this month Eyefor Travel and TMA will host the E-Tourism and Travel Distribution for Southern Europe and Mediterranean in Athens, Greece. Industry experts, travel companies, and key investors are scheduled to attend this show focused on emerging technologies and strategies for the industry for 2011 and the years to come.