Feb 19th, 2011 at 9:00AM: What do you do when you get to your destination? Well, apparently you spend $27 billion. A recent report from travel industry research firm PhoCusWright says that's how much was dropped on the travel activities, events, attractions and tour space in 2009. Yep, $27 billion sounds like a big number, and doubtless, it is. But, did you know that it's almost twice the size of the car rental market in ...Click on a label to read posts from that part of the world.
PhoCusWright posts
Travel activities at your destination gets twice the money of car rental business
Feb 19th, 2011 at 9:00AM: What do you do when you get to your destination? Well, apparently you spend $27 billion. A recent report from travel industry research firm PhoCusWright says that's how much was dropped on the travel activities, events, attractions and tour space in 2009. Yep, $27 billion sounds like a big number, and doubtless, it is. But, did you know that it's almost twice the size of the car rental market in ...Sabre tells clients of American Airlines drop, booking war is scorching
Jan 7th, 2011 at 9:00AM: Okay, we all saw this coming. The battle that was expected between airlines and online travel agencies as a result of improving market conditions has reached a high level of intensity, centered on American Airlines (with Delta playing a supporting role).
The situation is running deep, as both American and Delta have stepped back from online travel agencies (though for slightly different ...Can travel booking sites endure the airline onslaught?
Jan 4th, 2011 at 12:00PM: American Airlines wanted out of Orbitz ... and then it was bounced by Expedia (preemptively, it seems). Delta wanted out of CheapOair ... and OneTravel ... and BookIt. Nobody knows what's next, but it appears that something is on the horizon, given the magnitude of change in the airline/online travel agency landscape over the past few weeks. I wrote a month ago that a "brand war" was brewing, a ...Expedia demotes American Airlines, airline booking war gets HOT
Dec 23rd, 2010 at 3:30PM:
Could the battle between airlines and online travel agencies have gotten any more intense? This week, American Airlines got the green light in court to yank its fares from Orbitz, and Delta announced that it was pulling out of several smaller sites – CheapOair, OneTravel and BookIt. Travel industry experts are saying it's about time, but that doesn't lessen the shock to the business, ...When airlines pull out of travel websites, who loses?
Dec 22nd, 2010 at 11:00AM: It's been a busy week. The action with airlines and online travel agencies has been brisk, and in the end, it affects you as much as it affects them. Sure, there's plenty of money involved for the travel sites and the airlines, but in the end, it all comes down to what you experience during the buying process. These changes – with American Airlines and Orbitz and Delta and CheapOair – ...Which BIG airline just pulled out of three booking sites?
Dec 22nd, 2010 at 8:00AM: As you've read here on Gadling, the battle between airlines and online travel agencies is poised to heat up. For the past few years, a dismal economy has sent many bargain-hunters to online travel sites with the hopes of finding fantastic deals and minimizing the pain in their wallets. Yet, with the travel market and the broader economy showing signs of recovery, airlines' brand power will gain ...Exclusive Insight: Why hotels lost ground online
Dec 17th, 2010 at 8:00AM: Yesterday, you probably saw that hotels are getting hit pretty hard by online travel agencies, as customers have been hunting for deals aggressively. The latest data from PhoCusWright puts branded hotel websites at 54 percent of the online channel, down from 59 percent two years ago. And a few weeks ago, we took a look at the competition between online travel agent and airline brands as we head ...Hotels get beat up on the web as online travel agencies score deals
Dec 16th, 2010 at 1:30PM: Hotels were doing a great job of selling online before the recession hit. But, thanks to a healthy dose of innovation and greed, the global economy has been in rough shape, forcing those still traveling to hunt for deeper discounts and bigger deals. Unsurprisingly, this led to relatively strong market conditions for the online travel agent sector, particularly in the hotel space. For the hotel ...Brand Wars: The Airline Booking Battle Will Be Televised
Dec 6th, 2010 at 2:00PM:
Online travel agencies have had a solid run over the past two years. They picked up some market share as would-be travelers were willing to poke around a little more to score cheap tickets. High rates of unemployment and under-employment and general economic uncertainty, of course, were enough to make consumers value every dollar a little more. This opened an opportunity for online travel ...Europeans love online travel agencies, up 10% this year
Nov 24th, 2010 at 1:00PM: It looks like the internet is no longer a fad ... at least not in Europe. Forecasts from travel market research firm PhoCusWright put 2010 growth in the European online travel industry at 10 percent, a smile-inducing turn from the 1 percent gain posted last year, not to mention 11 percent decline in 2009 for the entire European travel market (which is up only 2 percent this year, it appears).
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