News from Expedia tells of the OTA’s coming purchase of holiday rental firm HomeAway. In a deal estimated at $3.9 billion, the Texas based startup could punch a hole in the alternative accommodations space for the famous brand.
Across the spectrum of travel businesses the paradigm shift to mobile now takes on acute significance. From online travel agencies, hoteliers, travel agents, and the business side of the travel industry, the inevitability of the mobile customer has arrived. Fortunately for a good many travel entities, preparations were made to adapt to this shift. However, the majority of businesses worldwide now find themselves behind the proverbial 8-ball. To all the businesses we’ve suggested convert, that milestone we predicted has arrived. Don’t say we didn’t tell you so.
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?
As far as world beaches go, apparently many out there choose Cancun as the choice of beach getaways for Summer 2013. According to Orbitz the No. 1 international Summer beach hotspot is the legendary Spring Break destination in Mexico. Mexico and Central America are not only heating up temperature wise this Summer, but visitation wise.
A federal lawsuit naming the likes of Expedia, Orbitz, Booking.com, Travelocity, Trump International Hotels Management, Intercontinental, Kimpton, Sabre Holdings, Priceline, Marriott, Starwood, and Hilton alleges the companies conspired to fix hotel room prices. According to the news from Reuters, the suit claims the travel giants did so in an effort to fend off competition from smaller online retailers.
If your Winter is working out anything like ours here in Germany, it’s about time for a more tropical outlook. Using Atlanta, Georgia as an example starting point, just consider what 19°F with a 23 mph wind will feel like tomorrow morning. Without spending a king’s ransom, next weekend you and a co-conspirator could be warm and toasty, having fun in Freeport in the Bahamas.
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 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.
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?
An article by Hugo Martin in the Los Angeles Times yesterday reveals still more bad PR and just bad business for airlines. At a time when any industry can well afford negative news, over $1.5 billion in nickel – dime baggage charges and reservation fees makes America’s biggest air carriers seem anything but transparent.
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.