Issue 44: 8th December 2014

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    Roomer with a view

    Rooms reselling website Roomer has raised USD5m in series A funding, led by Disruptive and including BRM Group. The move marks another shift in control of rooms supply away from the hotels and into the hands of a third party. The Israel-based company gives guests a route out of non-refundable rooms, at a time when [...]
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    Grass not greener for Thomas Cook

    Thomas Cook CEO Harriet Green’s decision to step down days after telling a conference “we're absolutely not done” turning the group around, pushed its share price down 18%. Green was replaced by a Thomas Cook veteran, at a time when the group has warned of a “tougher trading environment”. In a statement Green said: “I [...]
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    Friends with influence

    The Nordic Light Hotel in Stockholm is offering free and discounted rooms to social media users with a significant number of followers. The move indicates the increasing recognition of social media as a potential influence on bookings. The size of a guest’s social media network is the basis for a discount ranging from 5% up [...]
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    Ctrip makes mobile bid

    Ctrip saw its share price fall by 5% after reporting a 42% decline on the year in third quarter profit, as higher revenues were offset by an increase in expenses and lower margins. The company said that it would continue to invest in its mobile offering, as China’s online travel market becomes increasingly crowded. James [...]
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    MeliĆ” makes digital push

    Spanish hotelier Meliá has announced plans to spend EUR100m on a digital project “to transform its online presence”. The company is aiming for a goal of 40% of sales through its own digital channels by 2017, particularly from members of its Melia Rewards loyalty programme. It was not clear how much business the group currently [...]