Issue 13: 31st March 2014

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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 [...]