Weak first-quarter results at TripAdvisor point to Instant Booking challenges

Weak first-quarter results at TripAdvisor point to Instant Booking challenges TripAdvisor’s revenue has decreased 3% to $352m during the first quarter of 2016 as Instant Booking remained dilutive to the company’s financials and drove significant deceleration in its first quarter hotel segment results. Source: Hotel Marketing Weak first-quarter results at TripAdvisor point to Instant Booking challenges

Priceline forecast disappoints as China, France travel slows

Priceline forecast disappoints as China, France travel slows Priceline’s outlook overshadowed a first quarter that was generally positive, with gross profit up 21 percent from a year earlier. But continued trepidation by tourists to visit France after the November terrorist attacks in Paris is having an effect on revenue, the company says. Source: Hotel Marketing Priceline forecast disappoints as China, France travel slows