Issue 7: 23rd February 2015

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    Expedia banks on Orbitz to boost growth

    Expedia is to acquire Orbitz Worldwide with an enterprise value of USD1.6bn, the latest deal in what has been a busy period for M&A in the online travel agency sector. Expedia said that it expected the deal would see it “accelerate even faster” in its new hotel acquisitions, in addition to bolstering its brand stable [...]
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    TripAdvisor to push ‘plan, compare and book’

    TripAdvisor said that, over the next two years its priorities were to expand its lead in content and community “and to help our travellers, not only plan their trip, but to book it as well”. Looking further ahead, president & CEO Stephen Kaufer said that, while hotels were the brand’s “past, present and future”, it [...]
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    Travel agents continue digital drive

    The newly-merged TUI Group said it was “driving the change towards digitised business models” with online sales continuing to grow across all “key source markets”. In contrast, rival Thomas Cook, reporting for the first time under new CEO Peter Fankhauser, reported that web penetration had remained flat over the past year. At TUI Group, the [...]
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    Room Key gets visual

    Room Key has partnered with visual content manager and distributor ICE Portal to improve the imagery on its website. The portal cited a study which found that online images appeared to be “hugely influential” throughout the hotel booking process. The partnership will connect Room Key to ICE Portal’s content management system, which includes photos, videos [...]
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    Daybed discount

    A new app has been launched to cater for demand for hotels by the day, making intra-day hotel stays available to mobile travellers in a number of US markets. HotelsByDay offers what has been described as “a crushing blow to the concept of perishable inventory”, and joins a similar concept in the UK in what [...]