From the daily archives: "Monday, February 29, 2016"
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    Priceline up as corporate builds

    The Priceline Group reported accelerating growth in room nights booked on the year, as it turned its eye to the corporate and home-sharing markets. The company, which joined TripAdvisor’s Instant Booking programme last year, said that it was “pleased” but did not expect it to “significantly impact” growth. The group reported that accommodation reservations were [...]
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    Hilton’s loyalty discount

    Hilton Worldwide had launched a campaign to drive direct bookings, offering members of its loyalty scheme discounted rates. The company follows a similar move by InterContinental Hotels Group, which last year offered a lowest price promise to loyalty members using its Holiday Inn Express brand in the UK. Hilton Worldwide would not be drawn on [...]
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    Accor buys into home rentals

    AccorHotels has continued its acquisitions spree with stakes in two companies operating in the vacation rental market. The move is part of the company’s ongoing efforts to increase scale as a weapon as it competes for bookings with the online travel agents. The group would not be drawn on the cost of the deals. AccorHotels [...]
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    Google drops right hand ads

    Google has removed all PPC adverts from the right hand side of its search results page, to enable “better performance for advertisers”. The move has sparked speculation that it will mean competition will grow for the paid-for top listings, with organic search being pushed ever-further down. The decision is thought to have been driven by [...]
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    IHG hails digital innovation

    InterContinental Hotels Group used its full-year results to outline further details of the reservation system it is developing with Amadeus, due in 2017. The comments came as the company reported that its digital channels now delivered 20% of hotel revenues, supported by mobile growth, with 40% of visits now on mobile. CEO Richard Solomons told [...]