Latest Articles
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What Are Some Of The Key Drivers For The Online Travel Industry In 2017?
With the increasing ease of travel booking and the advancement of technology, the demand for online travel is growing and expected to rise further in the future. The share of online bookings in total travel bookings is increasing for hotels and a...
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Why Did Expedia Decide To Shut Down Its Italy-Based Hotel Booking Website, Venere?
Expedia acquired Venere with the intention of providing competition to Priceline’s Booking.com, in Europe. However, Venere’s small scale was no match for a behemoth like Booking.com and hence, after almost 9 years of having acquiring ...
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How Can Priceline’s New Taxi Service, Rideways, Impact The Company and Its Other Brands?
Priceline is the biggest online travel agency in the world today with a market capitalization of almost $75 billion. Maybe that is the reason why the OTA has the chance to invest in a vast array of services and products and even house brands that...
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Here’s Why Priceline Has Chosen Glenn Fogel As Its New CEO
Effective January 1st 2017, Priceline Group’s current executive vice president and head of worldwide strategy and planning, Glenn Fogel will assume the position of the Group’s CEO . Priceline’s current interim CEO will assume th...
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Here Are The Key Growth Areas For Priceline’s Booking.com
In a recent podcast with Skift, Priceline’s most important brand, Booking.com’s CEO Gillian Tans spoke about the strategies that are governing the world’s most popular accommodation booking website. Presently, Booking.com boasts...
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Here’s How Priceline.com’s New Road Trip Deals Feature Might Be Significant
This seems to be an interesting time for the travel industry. While deal publishing websites such as Travelzoo, are striving to push their hotel booking platform to users for direct bookings, it seems that online travel booking giants, in turn, w...
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Key Take-Aways From Priceline’s Q3 2016 Earnings Results
Priceline’s growth story continued in Q3 2016. While the company’s accommodation platform, booking.com, continued expanding in the quarter, the platform is also making investments on newer products to improve its services and offering...
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The New Group That Is Currently Dominating Business Travel And Its Implications
A new report called the Portrait of Business Travelers published by MMGY Global indicates that the millennials are the group predominating the set of business travelers currently. Their patterns of buying also varies distinctly from those of the...
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Priceline’s Q3 2016 Earnings Preview
Priceline’s Q3 2016 earnings results are expected to be released on November 7th . For the first half of 2016, Priceline seemed to grow steadily despite macroeconomic setbacks. Its booking.com is the global accommodation leader and the plat...
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Priceline Vs Expedia: Who Is Growing Faster?
Priceline and Expedia are currently the world’s largest OTAs in terms of geographical spread and revenues. Though Ctrip’s market capitalization ($21 billion) recently surpassed that of Expedia’s ($17 billion) post its stake in Q...
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Would The Rise Of Direct Bookings Through Hotels Adversely Impact The Biggest OTAs?
There has been a rising trend among hotels to encourage direct bookings through their own websites. The biggest incentive for the same is that then these hotel owners can forego the commission they need to pay to the online travel agents, in case...
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Facebook’s New Travel Product Might Help OTAs With More Exposure
Now online travel agencies can push their products further to their potential clientele with the help of Facebook’s new Dynamic Ads for Travel . This feature has been launched in June on both Facebook and Instagram to help travel companies influ...
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Why Did Priceline Sell Off Its Stake In Brazil Based Hotel Urbano?
Priceline recently sold off its minority stake in Brazil-based OTA, Hotel Urbano. Brazil’s economic downturn coupled with the OTA’s poor performance were the reasons for this decision. In mid 2015, Priceline invested $60 million to o...
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This New App By Standard International Group Shows The Increasing Trend Within Hotels To Bypass OTAs
Independent hotels and hotel chains are increasingly trying to gain direct bookings through their websites instead of users booking through the OTAs. In a move to attract more users, The Standard International Group along with a few select hotels...
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Does Google Trips Pose A Serious Challenge To Priceline Or Expedia?
Though Google’s entry into tourism bookings might indicate a future expansion into online travel booking, given their current positions in the travel industry, the two OTA giants do not have too much to fear as of now. Recently, Google int...
