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Group Reservation Pace Helps Bolster 2014 Hotel Performance

Group Reservation Pace Helps Bolster 2014 Hotel Performance

NEW YORK—Hotels in major North American markets showcased their resiliency as they experienced positive growth in both rate and occupancy across most travel segments despite the global Ebola health risk, according to data from the November 2014 TravelClick North American ...

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Roomer Raises $5 Million in Funding

Roomer Raises $5 Million in Funding

Roomer, a secondary market for nonrefundable hotel reservations, has raised $5 million in a Series A equity investment round. Founded in 2011, the startup, which is basically like a StubHub for hotels rooms, will use the $5 million in funding ...

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Amazon Plans to Launch Hotel Booking Site

Amazon Plans to Launch Hotel Booking Site

Amazon plans to launch a hotel booking service early next year featuring independent hotels and resorts near major cities, according to a Skift report. Amazon Travel could launch as early as Jan. 1 with a selection of hotels within a ...

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Travelers Booking More Hotel Reservations Online

Travelers Booking More Hotel Reservations Online

NEW YORK—In the first quarter 2014, online channels–which include Online Travel Agents (OTAs), hotel websites (Brand.com), and global distribution systems (GDS) used by travel agents–continued to grow in popularity among individual business and leisure travelers, according to data from the ...

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Google Enters Licensing Deal with Room 77

Google Enters Licensing Deal with Room 77

Startup Room 77 has licensed its hotel-search technology to Google, according to the Wall Street Journal. Room 77 cofounder and chief technology officer Calvin Yang has joined the Google team as part of the deal. Room 77 allows users to ...

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