OTAs outperform market thanks to mobile Speaking at the Phocuswright Europe conference in Dublin last week, Phocuswright director, consumer research, Marcello Gasdia said European mobile gross bookings had grown by 17% in 2015, outstripping the overall 5% increase in gross travel bookings and a 13% jump in the online travel market in the same period. Source: Hotel Marketing OTAs outperform market thanks to mobile
Expedia tells hotel owners to watch their franchise brands Expedia claims, its average compensation rates have gone down in an effort to make the OTA value proposition to hotel owners even stronger. Hotel brands however have yet to make a step in the same direction by reducing their franchise fees. Source: Hotel Marketing Expedia tells hotel owners to watch their franchise brands
European online travel marketplace Evaneos picks up M funding Evaneos, the European travel marketplace, has beefed up its coffers once again. The French startup has raised a further $21 million in funding, money it will use to continue developing the product and for international expansion, including a planned U.S. launch. Source: Hotel Marketing European online travel marketplace Evaneos picks up M funding
Expedia’s CEO on the travel giant’s first 20 years, and what’s next The evolution of Expedia, over the past 20 years, according to the company’s CEO Dara Khosrowshahi. The company does over $60 billion in gross bookings. It’s the world’s largest travel company. But it hasn’t all been up and to the right for Expedia. Source: Hotel Marketing Expedia’s CEO on the travel giant’s first 20 years, and what’s next