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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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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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Industry Execs Address Issues at AAHOA Convention

Industry Execs Address Issues at AAHOA Convention

Speaking as part of the opening panel at the Asian American Hotel Owners Association annual convention last week in Long Beach, Calif., Raj Trivedi, EVP and chief development officer, La Quinta Inns & Suites, offered a pragmatic take on the ...

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