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.
OTA's
US Travel Market Growth Predicted to Stall Next Year
Travel markets in the US have shown a marked improvement this year and are set to recover all the ground lost during the recession which began back in 2007, yet we shouldn’t get too excited as this growth is about to hit a brick wall, reports Travel Weekly.
Hotelbeds Drives Revenue – Gets Rebrand
TUI Travel’s Hotelbeds wholesaler platform says sales may increase by as much as 25 percent this year. Expansion plans for the Americas and Asia were also announced as one of TUI’s most successful arms flexes its muscles.
As Travel Costs Go Up, So Shall Profits…
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?
Orbitz Worldwide & Travelport: Ups & Downs
Travelport and Orbitz are in the positive and negative news again today. Travelport for any number of announcements of business dealings, and Orbitz for a very negative S & P rating they just received. Since it was announced that Travelport needed to restructure its dept, it seems as if neither of these online travel giants can catch a break.
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