Priceline Overtakes Expedia in Gross Bookings for the First Time – Skift

Priceline Overtakes Expedia in Gross Bookings for the First Time – Skift

The biggest news that shocked online travel yesterday was that Priceline replaced long-time CEO Jeffery Boyd. But when you look beyond that headline, Priceline achieved another major milestone: It surpassed Expedia Inc in gross bookings for the first time.

Gross bookings are the total dollar value of all travel sold, including taxes and fees.

Priceline’s third quarter gross bookings came in at $10.8 billion, a 37.5% leap over the same period a year earlier.

That meant for the first time Expedia was looking up at Priceline from the number two position in gross bookings. Expedia’s gross bookings in the third quarter increased a relatively tepid 15% to $10.4 billion.

via Priceline Overtakes Expedia in Gross Bookings for the First Time – Skift.

T.20 Ministers commit to continue working to improve visa facilitation

T.20 Ministers commit to continue working to improve visa facilitation

The T.20 Ministers´ meeting in London agreed to continue placing visa facilitation as a priority in the aim of stimulating economic growth and generate more jobs through of tourism. (London, United Kingdom, 4 November 2013).

The 5th T.20 Ministers´ Meeting (gathering the Ministers of Tourism of the G20 economies) debated the progress on visa facilitation policies among the G20 economies following 2012 Los Cabos Declaration, in which G20 Leaders recognizing the “role of travel and tourism as a vehicle for job creation, economic growth and development” committed to work on “travel facilitation initiatives in support of job creation, quality work, poverty reduction and global growth:”

 “Clear progress has been made in the area of visa facilitation in recent years, namely among the G20 economies” said UNWTO Secretary-General Taleb Rifai. “Many countries have opened up unilaterally and advanced visa facilitation policies. Yet despite these significant advances, there is still room for improvement particularly when it its proven that visa facilitation translates into more income and more jobs as the tourism sector grows”, he added.

Improvements in the area of visa facilitation among the G20 economies include externalization of the visa application process to reduce waiting times and increase capacity, more capacity in consulates as well as the opening of new consulates, particularly in key emerging markets, multi-entry visas and exemption of visas for transit passengers.

Helen Grant, UK Minister of Sports and Equalities, the host of the 5th T.20 Ministers Meeting said “We are very happy to announce that the UK is advancing in this area. An example is the recent announcement of changes aimed to streamline and simplify the visa application process for Chinese visitors.”

According to the updated UNWTO Tourism Visa Openness Report, between 2010 and 2013, the percentage of the population requiring a traditional to travel decreased from 77% in 2008 to 64% in 2013.

A UNWTO/WTTC report shows that visa facilitation among the G20 economies could create as much as 5.1 million additional jobs through 2015 and generate US$ 206 billion extra in exports (international tourism recepits).

Participating in the Meeting were: Argentina, Brazil, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Republic of Korea, Russian Federation, South Africa, Saudi Arabia, Spain, Turkey, the United Kingdom, the United States of America, the European Commission, the International Civil Aviation Organization (ICAO), the Organisation for Economic Co-operation and Development (OECD), the STEP Foundation, and the World Travel and Tourism Council (WTTC).

Useful links:

Report: The Impact of Visa Facilitation on Job Creation in the G20 Economies

The Impact of Visa Facilitation in APEC Economies

Tourism Visa Openness Report

WIT – WEB IN TRAVEL : Start-ups, take a look at the meetings space

WIT – WEB IN TRAVEL : Start-ups, take a look at the meetings space

Start-ups, take a look at the meetings space

Posted on 14 Nov 2013 at 12:10 pm by Yeoh Siew Hoon    
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If there’s one industry that technology is disrupting, it’s the meetings and exhibitions sector. That thought was hammered home to me during the four days I spent at the ICCA conference in Shanghai. 

This is one of the largest global gatherings of folks who are involved in holding meetings and exhibitions – more than 900 registered – so you get destination marketing organisations (DMOs), trade show organisers. professional congress organisers (PCOs), destination management companies (DMCs), convention bureaus, venues, hotels, airlines, associations, corporates. In Asia, the acronym is MICE and trust me, this industry is full of its own acronyms to wade through.

via WIT – WEB IN TRAVEL : Start-ups, take a look at the meetings space.

Happy 1st Birthday to The Travel Marketing Digest, The Top 12 Travel Marketing Stories from the last 12 months, new news from The CMOs InTravel Blog, GTMF update

We have just released out latest Travel Marketing Digest

The Travel Marketing Digest

via Happy 1st Birthday to The Travel Marketing Digest, The Top 12 Travel Marketing Stories from the last 12 months, new news from The CMOs InTravel Blog, GTMF update.