Issue 35: 22nd June 2012

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    Rate parity distraction for hotels

    Rate parity remains the biggest dilemma for hoteliers, according to a new study by Ecole Hôtelière de Lausanne and RateTiger. The report found that the focus on ensuring rate parity meant that some were neglecting revenue management. One result, however, was an increased drive towards pushing bookings through direct channels as they sought to reduce [...]
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    China online market to grow 500%

    China’s online travel market will quintuple between 2008 and 2013, according to PhoCusWright's China Online Travel Overview Fifth Edition: The Giant Has Awoken. The study said that travel bookings in China would surpass USD105bn in 2013, of which more than USD15bn would be made online. The country is seeing increasing investments and partnerships within the [...]
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    FTI linked to Youtravel deal

    Youtravel.com is reported to be on the verge of selling an 85% stake to German tour operator FTI Touristik for an undisclosed fee. The deal is expected to help cut the company’s debts and will give the group access to FTI’s hotel content as it attempts to reposition itself from a bed bank to more [...]
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    Apple takes a swipe at travel

    Apple last week announced the launch of Passbook, an app which it is anticipated will compete successfully with Google Wallet and give it the edge in the mobile payment market. When it launches, the app will store loyalty cards, gift cards, boarding passes, electronic movie tickets, coupons and the like on the iPhone. It is [...]
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    Commission challenge from new start-up

    A Swiss-based startup has become the latest to attempt to eradicate the onerous commissions which hotels have long complained about when selling rooms online. Treovi’s unique selling point will be that neither the hotel nor the consumer will pay for a reservation, with the group looking to revenue from additional paid-for services to make its [...]