Hotel industry disputes report about Airbnb’s impact in NYC STR’s report last week that Airbnb is having no material impact on hotel room demand in Manhattan is being challenged by both national and local hotel industry advocates. For many, that data for the study was “cooked up.” Source: Hotel Marketing Hotel industry disputes report about Airbnb’s impact in NYC
How Airbnb’s data hid the facts in New York City On December 1 2015, Airbnb made data available about its business in New York City, with much fanfare. This report shows that the Airbnb data release misled the media and the public. Source: Hotel Marketing How Airbnb’s data hid the facts in New York City
TripAdvisor’s profit beats estimates thanks to Instant Booking TripAdvisor reported better-than-expected quarterly revenue and profit as more users reserved hotels using a new system that allows direct bookings from its website. The company said it plans for a global rollout of Instant booking in 2016. Source: Hotel Marketing TripAdvisor’s profit beats estimates thanks to Instant Booking
Expedia setting sail to monopolize U.S travel industry As online bookings are less of a niche and the travel industry transitions to digital, Expedia will ride on the tailwinds of the growing trend as it will soon corner more than 75% of the domestic market for online travel. Source: Hotel Marketing Expedia setting sail to monopolize U.S travel industry