From the monthly archives: "February 2012"
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    Issue 20

    Hotel chains continue OTA fight-back Marriott International and InterContinental Hotels & Resorts both took the opportunity of their fourth-quarter results to hail the growth of their brand.com offerings. Marriott and IHG are amongst the founding members behind RoomKey.com, the industry-owned meta-search engine launched in January, designed to encourage consumers to book direct with the chains [...]
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    Orbitz Worldwide increases hotel focus

    Orbitz Worldwide , which includes Europe’s ebookers brand, is increasingly turning its focus to hotel sales to boost revenues. The company saw its fourth-quarter loss narrow on the year, while disappointing forecasts pushed its share price down. But it reported total hotel gross bookings up around 4%, as an increase in daily rate offset a [...]
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    Ctrip makes local investment as profits drop

    Ctrip has reported a 16% fall in fourth-quarter profit to CNY252.5m (USD40m), from CNY302.3m, despite an 18% rise in revenues for the period. The announcement came shortly after the company acquired a stake in Songguo.com, a website selling rooms in small and medium hotels and inns throughout China. The deal will increase Ctrip’s dominance of [...]
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    Hotels.com app to earn affiliates cash

    Hotels.com has extended its Hotels WithMe app on Facebook to allow Facebook page owners to earn commission on bookings. The app was originally launched in 2010 and the decision to extend it was taken as the brand, which relies heavily on affiliates, also unveiled new branding to refresh its image in the highly competitive OTA [...]
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    Hotel chains continue OTA fight-back

    Marriott International and InterContinental Hotels & Resorts both took the opportunity of their fourth-quarter results to hail the growth of their brand.com offerings. Marriott and IHG are amongst the founding members behind RoomKey.com, the industry-owned meta-search engine launched in January, designed to encourage consumers to book direct with the chains themselves rather than through OTA [...]
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    Issue 19

    Expedia takes short-term pain Expedia has reported a fall in fourth-quarter net profit, to USD59.7m, against USD63.4m in the same period last year. The drop was attributed to an increase in costs relating to recent technology investments, in addition to a 5% fall in revenue per room night. The group said that it would continue [...]
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    TUI Travel hails online growth

    TUI Travel said that its strategy of focusing on online sales was “progressing well” as it reported a 5% increase in first-quarter revenues to GBP2.8bn. The company saw its loss increase by GBP14m to GBP131m, in what is typically a slow season. The group said that it would continue to look at creating differentiated products [...]
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    Wyndham results back online revamp

    Wyndham Worldwide has reported a higher-than-expected quarterly profit of USD56m and increased its full-year earnings forecast. The news came as the company, which operates on a franchise basis, announced that most of its brand websites had been updated, with “excellent” results, indicating the increasing importance of the channel for operators and their potential owners. The [...]
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    Groupon stays with hotels despite loss

    Groupon last week surprised the market by reporting a fourth-quarter net loss of USD42.7m, attributed largely to the cost of overseas growth. The news came as Cornell University released a study on flash sales in which respondents confirmed that working with companies such as Groupon did not help build repeat business although, if managed well, [...]
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    TripAdvisor – the reviews are in

    TripAdvisor last week reported a 30% increase in revenue on the year for the fourth quarter, to USD137.8m, with net income increasing 18.8% to USD22m. The company’s results were met with caution by observers, who were disappointed by the group’s forecasts for the full year. Shares in the company fell by 15% following the announcement, [...]