From the monthly archives: "November 2015"
    0

    Expedia fights TripAdvisor with Trivago

    Expedia Inc. said that it expected to see “additional volume pressure” as a result of Priceline’s participation in TripAdvisor’s Instant Book. In response, the company is “aggressively” trialling an instant booking product in Germany with its Trivago brand and is also planning to move into the rail sector. Dara Khosrowshahi, president & CEO, told analysts: [...]
    0

    Airbnb gets into Journeys

    Airbnb is trialling Journeys, a ‘curated excursions’ product which will give it a greater share of the customer’s trip. The trial came as hoteliers in New York increased their attacks on the sharing platform, claiming that it had made an USD2.1bn impact in the city in one year. The Journeys product offers a packaged trip, [...]
    0

    India platform sees $100m funding

    Oyo Rooms, the India-based budget hotels marketplace, has raised USD100m in funding. The company, which plans to use the investment to expand and develop new technology, is eager to become “the world’s largest branded network of hotels”. The funding round was led by SoftBank Group, with participation by Greenoaks Capital, Sequoia Capital, and Lightspeed India. [...]
    0

    Packages get digital revision

    The European Parliament has passed the new Package Travel Directive, which adds revisions for digital sales. The changes mean that travel consisting of a flight and hotel purchased online for an all-in price or through linked webpages will get the same protection as packages bought in travel agencies. Under the revisions, package travel rules will [...]
    0

    Hilton fined over Wi-Fi

    Hilton Worldwide is facing a USD25,000 fine for its “apparent obstruction” of an investigation into blocking consumers’ Wi-Fi devices by the Federal Communications Commission’s Enforcement Bureau. The FCC has warned Hilton Worldwide that it faced a “significantly higher fine for any continued obstruction or delay”. Hilton Worldwide protested that: “throughout this inquiry, we have cooperated [...]
    0

    Ctrip and Qunar tie up

    Ctrip is to acquire Baidu’s stake in rival Qunar in exchange for shares, bringing together two of China’s largest online travel agents. The deal leaves Ctrip with 45% of Qunar’s voting interests and follows a knock-back earlier this year when Ctrip made an unsolicited offer for the group. Taking Ctrip and Qunar’s closing share prices [...]
    0

    Airbnb sets ‘wrong tone’ in SF fight

    Airbnb has pulled a series of adverts in San Francisco campaigning against plans for a law that would restrict private, short-term housing rentals. The company’s fight came as a note from investment bank Jefferies saw several hotel operators downgraded as a result of the expected impact on trading from the sharing platform. San Francisco’s Proposition [...]
    0

    Priceline ‘cheapest marketing’

    The Priceline Group’s president & CEO has described the company as “the cheapest way to do paid marketing”. The comments were made as the company further increased its stake in Ctrip, increasing its reach into China’s growing online travel market. Interviewed while in Dubai, Darren Huston said: “We always pride ourselves on being the cheapest [...]
    0

    IHG backs ‘lowest price promise’

    InterContinental Hotels Group used its latest results to back its new ‘lowest price promise’ for Holiday Inn Express UK. The company said it had driven digital revenue growth of over 20%, describing it as “good for owners”. CFO Paul Edgecliffe-Johnson told analysts: “We continue to improve the services and functionality offered to our existing distribution [...]
    0

    GBTA claims drop after Lufthansa charge

    The Global Business Travel Association has claimed that Lufthansa has seen two-fifths of travel buyers cut bookings with the carrier since in bought in a EUR16 charge. The airline is currently facing a legal challenge over the charge, but has stuck firm in its attempts to push direct bookings. Michael McCormick, GBTA executive director & [...]