Ctrip’s strategic threat to Expedia and Priceline While Priceline and Expedia want to be as global as they can be, servicing Brazilians, Dutch, Spaniards, Nigerians, Egyptians, Chinese, Americans, and Canadians, Ctrip’s vision primarily is to accommodate and support Chinese travelers. Source: Hotel Marketing Ctrip’s strategic threat to Expedia and Priceline
Hotel rooms departments struggle to control expenses Facing modest growth in rooms revenue, hotel managers will be challenged to maintain growth in both rooms department profit levels, and profit margins. Given the link to overall hotel profitability, hotel owners and operators need to pay attention to rooms department expenses, not just RevPAR. Source: Hotel Marketing Hotel rooms departments struggle to control expenses
OTAs remain the dominant booking force for hotels around the world A paper to be released later this week by Sabre and Phocuswright, giving hotels advice on how to position themselves in an increasingly multi-channel distribution landscape, is backed by primary research into the booking habits of consumers. Source: Hotel Marketing OTAs remain the dominant booking force for hotels around the world
Why is the travel industry so interested in millennials? According to Expedia group general manager for South-East Asia and India, Simon Fiquet, they have become one of the largest generations in history who are “keen on traveling and experiencing things”. A millennial would rather spend on travel than buy a car. Source: Hotel Marketing Why is the travel industry so interested in millennials?