Issue 52: 16th November 2012

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    Higher ticket for tablets

    Tablet owners are more likely to make a purchase on their devices than smartphone owners, with those purchases likely to be of a higher value, according to a study from eDigital Research with IMRG. The news will support the actions of many hotel operators currently struggling to justify the production of apps for tablet and [...]
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    Expedia targets tours

    Expedia is reported to be planning to launch a new service called Local Expert Hub, which will allow suppliers of tours and activities to distribute and market their products through the group. The move is expected to give Expedia the chance to capitalise on a largely untapped market and could give hotels the chance to [...]
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    Groupon hit by weak Europe

    Groupon saw its shares fall to a historic low after reporting a net loss of USD3m for the third quarter. Shares fell to USD3.25 as concerns grew that the company’s deals-based business model was falling out of favour with consumers. Third-quarter revenue at the group was USD568.6m, compared with USD430.2m in the same quarter a [...]
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    IHG continues direct drive

    InterContinental Hotels Group used its third-quarter results announcement to report that around 25% of its total revenue was now coming in through internet sources, with the “vast majority” through its own websites. The company also drew attention to significant growth in its mobile business, which was part of ongoing efforts to attract owners to the [...]
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    Priceline makes mobile play with Kayak

    Priceline has acquired Kayak for USD1.8bn, a 29% premium on the company’s closing share price prior to the announcement. In addition to expanding Priceline’s portfolio of services, the deal is expected to give Priceline a stronger footing in the mobile search market, adding another facet to the company’s online travel agency business and a chance [...]