Latest HA D&T Perspective
Qunar takes mobile battle to Ctrip
Qunar is to focus its business on the mobile market, having seen revenues from mobile rise from 15.4% of total revenues to 40.4% of total revenues over the past year.
The company said it would continue to shift its model away from meta-search and towards direct selling, describing itself as having “a very wide moat” protecting it from competitor Ctrip.
Priceline to continue spending
Priceline’s CEO told a conference in New York that the company was considering further acquisitions, after a busy year of M&A.
The comments came as the company was downgraded by FBR amid concerns that it was seeing a slowdown in growth.
Holiday rentals on the rise in UK
HomeAway is celebrating the season of giving with a report on the economic impact of the holiday rentals sector in the UK.
The study found that the total spend by holiday rental clients in the UK was over GBP4.35bn, with spending by self-catering tourists growing faster than that in any other accommodation category.
TUI Travel continues gradual growth
TUI Travel said that it had seen online channels rise by three percentage points to 38% of mainstream gross revenues, as part of its efforts to reach 50% by 2017.
Next year will see the company roll out products including mobile and online check-in as part of plans to “enhance and strengthen” its relationship with customers.
RezNext secures funding
India-based RezNext Global Solutions, the real-time hotel distribution company, has raised USD5m in funding from venture capital firm New Enterprise Associates.
The company said it would use the money for further expansion, looking at markets in Asia, Africa, and the Middle East.
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