And why your “no fees, only commissions” mantra is killing the hospitality industry Hoteliers and other accommodation hosts complain a lot. That’s very unusual, being in a… Read more “Stop moaning about paying high commissions”
Travel booking giant Expedia and its affiliates will take steps to ensure non-partnering hotels are no longer falsely advertised as “sold out” on its platforms.
Direct hotel bookings on the rise, especially local, in 2020.
Why Booking Holdings is faring better through the pandemic than Expedia.
According to marketwatch.com, the global online travel market is expected to grow from US$ 570.25 billion in 2017 to US$ 1.134.55 billion by 2023, at a compound… Read more “Why OTA’s are not good for you”
Online travel agencies (OTAs) are the original digital disruptors — first-generation internet businesses that identified an unmet customer need and created digital destinations that became the first stop for prospective travelers. Yet the very thing that gave rise to OTAs — the ability to aggregate digitized data to create economical, do-it-yourself travel planning — now threatens to be their undoing. As with most erstwhile digital upstarts and once-transformative business models, OTAs must disrupt again or risk being disrupted.
Expedia bookings up 11% Expedia posted healthy revenue and earnings growth for Q2, 2019. Revenues for the quarter increased 9% to US$3.15 billion, beating analyst estimates. Expedia’s… Read more “That’s where your money goes”
After all, hotels are becoming ever better educated about how to drive direct bookings. And many (though still not enough!) are questioning the validity of handing over their data to powerful OTAs, just to have their pricing strategy controlled by somebody else!