Travel trends

GDS Comparison by the Numbers: Winners and Losers in 2014

For the first time in over ten years it is possible to compare the three GDS – Travelport, Sabre and Amadeus – financially and operationally.

Source: www.tnooz.com

Amadeus does appear to have more EBITDA, more pax boarded by Altea, more agency bookings. Sabre is holding its own in distribution and could benefit from the momentum of early adopter status when it comes to hotel IT. Travelport’s distribution business ticks over quite nicely and has eNett  waiting in the wings. 

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Study: a 10% Increase in Airbnb Supply Results in a 0.35% Decrease in Local Hotel Room Revenue

Airbnb is having a real financial impact on the hospitality industry, and it’s time for incumbents to acknowledge and meet the challenge.

Source: www.thestreet.com

According to a recent report from Boston University, a 10% increase in Airbnb supply results in a 0.35% decrease in hotel room revenue, which translates into a 13% impact on revenue in Austin, Texas, which is home to the highest Airbnb supply.

This study also found that lower-priced hotels and hotels that don’t cater to business travel are the most affected by Airbnb. As a result of these impacts, the researchers found, hotels are reducing prices in an effort to stay competitive.

“Our work provides empirical evidence that the sharing economy is making inroads by successfully competing with, and acquiring market share from, incumbent firms,” the report reads.

Airbnb “is going to put out an additional supply of lodging rooms, and anytime you increase supply, holding demand constant, Economics 101 effectively means that prices go down,” Carroll said in a phone interview. “Airbnb is not driving demand, they’re probably shifting demand from some other hotels.”

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Accor Introduces Accorhotels App For The New Apple Watch™

Available in 10 languages, it promotes top Accor hotels and destinations and allows users to manage current bookings.

Source: ehotelier.com

Accor will offer guests an Accorhotels iOS app for Apple Watch™, which is to be released soon.
Accorhotels customers will: Receive alerts telling them the online check-in service is open Access information about their bookings: arrival dates, number of nights, number of guests Receive information about the hotel’s services (free WiFi, car park, spa, swimming pool, etc.) Access the interactive map, the itinerary to find the hotel and the local weather forecast Access their Le Club Accorhotels loyalty card details, with their status and loyalty points.

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Is Airbnb a Distribution or Hospitality Company? | Travel Research – Industry Events – PhoCusWright Conference

PhoCusWright’s custom market research and travel industry expertise help companies with strategic direction, trend and impact analysis, organizational transformation, IT planning, e-business development, usability studies, and competitive analysis. Our travel research knowledge helps companies in a variety of market segments make profitable decisions.

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