From the monthly archives: "March 2014"
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    Issue 13: 31st March 2014

    Airbnb valued at USD10bn Airbnb has announced plans to raise more than USD400m for expansion through a private round of fundraising. The move values the group at around USD10bn, further raising concerns of a bubble in the technology sector, while also giving validation to the company’s business model. Read more Road warriors don’t book, [...]
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    Orbitz dials up TripAdvisor

    Orbitz Worldwide saw its share price fall by 5% after being downgraded on the back of the end of its relationship with Kayak. Orbitz is now thought to have strengthened its relationship with TripAdvisor, driven by the review site’s move towards meta-search. The drop in share price came after the company was downgraded to "sell" [...]
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    Priceline adds local deals

    Priceline has added a location-based feature to its app allowing users to see deals near them. The move is the latest by the group to develop its local business and is in line with the current trend for last-minute bookings. The iPhone app will now let travelers find nearby hotel deals within 30 miles of [...]
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    No Glass ceiling for Google

    Virgin Atlantic is trialing Google Glass in its Upper Class cabins, a move it says underlines the group’s tradition of innovation. While the hotel sector has yet to adopt this new technology, one US hotel is offering wearers free drinks to attract those who it says might otherwise “feel like an outcast”. At Virgin Atlantic, [...]
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    Road warriors don’t book, like rewards

    More than half of business travellers still book through their corporate travel department or travel management company, according to a new report from Amadeus. The study found that travellers “prize efficiency and productivity above all else” and would also take the opportunity of a business trip to collect loyalty points for airline and hotel schemes, [...]
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    Airbnb valued at USD10bn

    Airbnb has announced plans to raise more than USD400m for expansion through a private round of fundraising. The move values the group at around USD10bn, further raising concerns of a bubble in the technology sector, while also giving validation to the company’s business model. The fund raising means that Airbnb will not follow the current [...]
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    Issue 12: 24th March 2014

    Content king for bookings, says HRS Improving content on hotel websites is key to securing bookings, according to a white paper produced by HRS. The study found that that doubling the number of photographs can increase a hotel’s conversion “several times over” and even a full, rather than partial, property description can increase conversion “significantly”. [...]
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    French last-minute app gets funding

    VeryLastRoom, the France-based last minute hotel app, has announced that it has raised USD1.2m in funding. The news comes just over a month after HotelTonight announced that Barry Sternlicht, CEO of Starwood Capital, had invested an undisclosed amount in the group, marking the coming of age of the same-day mobile booking market. VeryLastRoom was founded [...]
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    Priceline makes local buy

    Priceline is reported to have acquired Qlika, an Israel-based “micro-location” ad campaign startup, for an undisclosed fee. It is thought that Qlika will be used to support Priceline’s Agoda brand in its expansion into the Asia Pacific region. Details on the deal were scant, with rumours putting the price at anywhere between USD3m and USD20m. [...]
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    Asia-Pacific drives mobile bookings

    Mobile travel bookings in China, Japan and India will rise from USD4.6bn in 2012 to USD18.7bn in 2015, according to PhoCusWright. The data illustrates how the region is outpacing the EU in terms of mobile bookings, making it an important location for hotels to focus their mobile offering. According to PhoCusWright’s Global and Asia Pacific [...]