Latest HA D&T Perspective
Travelocity deal heralds year of M&A
Expedia has acquired Travelocity from Sabre for USD280m in cash, as Expedia bolsters its brand stable in the face of increased competition.
Rumours have also suggested a possible sale of Orbitz Worldwide, as forecasts of a busy year of M&A in the sector look likely to be fulfilled.
OTAs pursue last-minute
Booking.com and Expedia have both launched products which will make it easier for hotels to sell their rooms last-minute.
The moves will see them take on the likes of HotelTonight, which has itself been broadening its scope into traditional OTA territory.
Kuoni quits consumer market
Kuoni has confirmed that it is disposing of its tour operating businesses “following a review of its global business operations”.
The company said that proceeds from the sale would be used to develop the group’s three remaining business-to-business units, due to “fundamental changes in the industry”.
Expedia gets close to guests with feedback
Expedia has added a function to its hotel tools that facilitates real-time feedback from guests.
The move sees Expedia extend its relationship with the guest from booking to stay as it targets the mobile-savvy consumer.
Pegasus Distribution goes DHISCO
The distribution division of Pegasus Solutions has been relaunched as a stand-alone company, under a new brand, The Distribution Hospitality Intelligent Systems Company, or DHISCO.
The company is owned by an affiliate of HIG Capital and will, it said, look to expand its product and services platform.