Issue 14: 19th April 2013

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    OTAs dominate China

    Online Travel Agencies dominate the rapidly-growing hotel market in China, according to the latest L2 Digital IQ Index. The study found that, with innovative mobile apps, aggressive search strategies, and social commerce, OTAs were repeating the patterns previous seen in mature markets, in addition to launching luxury-dedicated portals to service the growing high-end market. Although [...]
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    Hostelworld to compete with ‘big beasts’

    Web Reservations International, which owns Hostelworld, has acquired competitor HostelBookers.com in an all-share deal valuing the group at USD500m. The group said that the move would allow it to compete head-to-head “with the 'big beasts', like Expedia and Booking.com”, with plans to invest in both marketing and technology to build scale in the budget sector. [...]
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    FairSearch adds to Google attacks

    Expedia and TripAdvisor were amongst the companies who filed a new complaint with the European Commission about Google’s dominance in the mobile market. The move is the latest in years of anti-Google lobbying by FairSearch, a group initially formed by Kayak, Expedia, and TripAdvisor, then later joined by Microsoft, with this latest complaint sparked by [...]
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    Starwood joins mobile shift

    Starwood Hotels & Resorts has joined InterContinental Hotels Group in forecasting that mobile booking will overtake web-based booking in the near future. The comments were made at the group’s investor day, where executives also talked about its leading position in terms of social media profile and its shift to digital marketing. The company has since [...]
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    Priceline under attack

    Shares in Priceline dropped by 3% after reports that the company’s strong market position could start to falter in the face of competition. Priceline was described as being at risk from falling profit margins in its important overseas markets amid the fight for share. The comments came as the group reported mobile bookings tripling at [...]