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.
online travel
1000 More Hotels Join Global Hotel Exchange
In online travel agency (OTA) news, the California Lodging Industry Association (CLIA) and the Independent Lodging Industry Association (ILIA) have added a thousand plus independent hotels to upstart booking platform Global Hotels Exchange (GHX). Even prior to the official launch of GHX, it appears many hotel owners and support organizations are willing to flock to the new channel.
Who’s the Big Bad Wolf of Hotel Marketing?
Just out, the Distribution Channel Analysis study via the American Hotel Lodging Association (AH&LA) and STR, has been released. The detailed study, supposedly aimed at helping “all” hoteliers better understand hotel room distribution, discusses distribution channel mix, among other salient hotel profitability instances. But, is the study really meant for all hoteliers, or just the fat cats?
Ready or Not -Travel Republic Acquired
In online travel news, Travel Republic has been bought by a subsidiary of Emirates Airlines. The deal finalized December 29 was first reported on Reuters telling of Dnata World Travel’s acquisition for an undisclosed sum.
OTA CEOs: Part III
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.
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