From the monthly archives: "September 2014"
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    Issue 34: 29th September 2014

    ‘Go deeper’, Accor deputy tells HDE Hotels will set themselves apart from online travel agents through content, Accor deputy CEO Vivek Badrinath told delegates at the Hotel Distribution Event in London, hosted by Hotel Analyst Distribution & Technology. Attendees were also reminded of the power of data, both that which they already capture and that [...]
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    OTAs drive mobile growth

    Mobile bookings are growing faster than desktop, with 21% of hotel bookings now being made using smartphones or tablets, according to a report by Criteo. The study found that online travel agencies’ mobile bookings climbed by 50% throughout the period in Europe and the US, while those of hotels remained flat. Criteo looked at over [...]
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    Viator warns on credit card breach

    Viator, the tours and activities site which TripAdvisor acquired for USD200m in July, warned customers that it had “experienced a data compromise” which could see the loss of credit card information”. TripAdvisor saw its share price drop by 4% on the news, as the importance of data security and its impact on consumer trust grows. [...]
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    Sabre bolsters CRS standing

    Sabre has acquired central reservations systems software company Genares for an undisclosed fee. The deal was the first acquisition for Sabre since its IPO in April and strengthens its offering in the hotel CRS sector, at a time when hospitality software companies are seeing an M&A spike. Sabre, which also owns the SynXis CRS product, [...]
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    SAP Concurs for USD8.3bn

    SAP is to acquire Concur Technologies for USD8.3bn, which Concur said would bring together the leading cloud-based travel and expense platform with the market leading enterprise application software company. The announcement was made shortly after Concur revealed partnerships with both Airbnb and Uber, widening the travel options for the corporate market. Earlier in September Concur [...]
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    ‘Go deeper’, Accor deputy tells HDE

    Hotels will set themselves apart from online travel agents through content, Accor deputy CEO Vivek Badrinath told delegates at the Hotel Distribution Event in London, hosted by Hotel Analyst Distribution & Technology. Attendees were also reminded of the power of data, both that which they already capture and that made available through which emerging technologies. [...]
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    Issue 33: 22nd September 2014

    Apple enters mobile payments The launch of Apple Pay, which will allow consumers to treat the iPhone 6 as a wallet, is expected to see Apple dominate the field of NFC payments. US banks are reportedly battling to convince consumers to link their cards to the service, which will  use existing technology, allowing retailers to [...]
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    Hotels face ancillary challenge

    Travel agencies in the US are campaigning to be allowed to offer airline products and services such as bag fees and priority boarding for sale. If they are successful, ancillary hotel products such as Wi-Fi could be their next target, suggesting that hotels should make the first move or risk being left behind the online [...]
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    Travelport IPO priced at USD1.9bn

    Travelport’s IPO has been priced at up to USD1.9bn, with the flotation expected to raise around USD480m. The company said that it intended to use the proceeds from the offering to repay debt, which was about USD3.4bn at the end of March, as it looks to grow. The listing is the third attempt to go [...]
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    Hotels continue to lag in holiday planning

    When it comes to leisure travel, the OTAs continue to dominate the path to purchase for both UK and US consumers, according to a report from Expedia Media Solutions. The company looked at the 45-day period leading up to a holiday package booking and found that hotel suppliers accounted for just 0.90% of visits in [...]