Vacation.com revealed details of its new brand that the consortia says is positioned around travel agents’ aspirations to “Belong. Inspire. Grow.” The updated tagline more incisively reflects the industry-leading role outlined in the organization’s positioning statement, Vacation.com said: “Vacation.com is an innovative network of professionals that celebrates highly driven travel agencies by supporting them with the tools to help them grow and inspire.”
Priceline deservedly got most of the attention among online travel agencies in 2013 as its share price shattered the historic $1,000 mark in September and closed the year up 78.1% at $1,162.40.
But, leapfrogging-bragging rights for the year goes to lowly Orbitz Worldwide, which closed out the year with its stock price increasing 149.3% to $7.18.
Orbitz has a long way to go: Priceline’s shares could lose $7.18 in a day without breaking a sweat.
Orbitz made some strides in 2013, shifting some of its revenue mix toward hotels, notching some private-label wins and patching up one of its brands in Australia, but its room-night growth was lackluster and its sales targets for 2014 are sub-par.
The deal is only aimed at boosting the vacation product sales between the portals, and gaining additional traffic, yet the agreement is interesting for various reasons.
TV travel advertising in the U.S. has suddenly become more crowded and competitive, and as Expedia Inc. brands struggled to break through the clutter in the second quarter, the company’s hotel business suffered, and its Hotwire unit took a particularly hard hit.
Amidst some downbeat financials, that was the competitive climate that officials said Expedia operated in during the quarter.
The impact of Expedia’s multifaceted woes? Room night growth decelerated from 28% year-over year in the first quarter to 19% in the second quarter, and revenue growth likewise slowed from 24% in the first quarter to 16% in the second.
And, Expedia Inc.’s net income declined 27% to $90.5 million in the second quarter of 2013, compared with the same period a year earlier
- Top Travel Industry CEOs on Social Media – Skift (cmosintravel.com)
- Shares of Expedia tumble 25 percent after online travel giant hits Q2 ‘headwinds’ (geekwire.com)
- Expedia admits that TripAdvisor and Booking.com are hurting it hard (tnooz.com)
- Statistics on the US TV fight among TripAdvisor, Expedia, and Priceline (tnooz.com)
- Expedia 2Q profit drops 32 percent (miamiherald.com)
Wego.com, the leading travel search site across Asia Pacific and the Middle East, today announced the appointment of Joachim Holte as Chief Marketing Officer (CMO). Holte will manage all demand generation and brand marketing activities worldwide including SEO, SEM, display, affiliate and partner marketing, PR, CRM and offline advertising. Holte will report to Wego CEO and Co-Founder, Ross Veitch and has relocated to the Singapore HQ from Australia.
Ramallah, Palestine (PRWEB) July 14, 2013
Yamsafer, an online hotel booking website recently re-launched its redesigned website to include new Arab destinations such as the UAE, Lebanon, Kuwait, KSA and Egypt. The company will soon increase the number of participating hotels to 2,500 properties spanning the MENA region in 22 Arab countries with a focus on competitive hotel pricing.
As Wego plots significant expansion in Asia, the $36m funded company highlights just how different the Indonesian travel industry is to other markets in the region.
Indonesian travellers prefer to pay via bank transfer, experts say rate parity is a myth among hotels and it’s the country where BlackBerry still leads (mobile marketing strategy, anyone?)
Read more at http://www.tnooz.com/2013/07/16/news/why-online-travel-in-indonesia-is-different/#G0zF2Qz9uzBZcwUK.99
- 9 Top Web and Mobile Travel Startups in Indonesia (techinasia.com)