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HVS: OTAs Remain a Heavy Burden on Hotel Profit Margins

HVS: OTAs Remain a Heavy Burden on Hotel Profit Margins

LONDON—Online travel agents (OTAs) such as Priceline and Expedia have become ever-more powerful as a result of strategic acquisitions of smaller, regional players with Priceline now controlling 62 percent of the European market, while Expedia holds around 70 percent of ...

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Strong Revenue Strategy Starts at the Top

Strong Revenue Strategy Starts at the Top

At the recent NYU Hospitality Industry Investment Conference, Jim Abrahamson drew plenty of laughs and several headlines for his comment that Expedia and Orbitz joining forces was like “the Klingons and Romulans teaming up together.” It was funny, but what ...

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Rogue Third-Party Booking Sites Cause Challenges

Rogue Third-Party Booking Sites Cause Challenges

After spending hours searching for the perfect accommodation package, a soon-to-be traveler finally settles on a suite with an ocean view. Anxious to nail down her trip details, she hastily clicks “Pay Now.” But when she arrives at the hotel, ...

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Digital Channels Drive Booking Growth, Reports TravelClick

Digital Channels Drive Booking Growth, Reports TravelClick

NEW YORK—In the first quarter (Q1) 2015, digital channels — which include hotel websites (Brand.com) and Online Travel Agents (OTA) and Global Distribution Systems (GDS) — grew in popularity among individual business and leisure travelers, according to data from the ...

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