“Our focus on securing great inventory for travellers continues”: Expedia...
Online travel company Expedia is focusing on improving its customer value proposition and removing barriers to purchase. “The elimination of the air booking fees and lower hotel service fees contributed to our volume growth in Q2, but really represent initial...
Expedia 2Q profit dips...
Expedia Inc.’s quarterly profit shrank as the company reported a profit of $40.9 million, compared with $96.1 million a year earlier. Revenue decreased three percent to $769.8 million, but was up one percent excluding currency changes. Gross margin rose to...
LCCs now account for 55pc of capacity in India...
The contrasting fortunes of LCCs and full service carriers, which is playing out around the world amid the current economic downturn, is vindicating the faith investors in Indian LCCs have had for the model. Overall capacity within India fell 3.6...
Six reasons your revenue management system isn’t working...
By Jean Francois Mourier, CEO & Founder of RevPar Guru Revenue management is the new “IT” for hotels across the globe. As the worldwide economy continues its doldrums, maximising revPAR and occupancy without resorting to drastic rate-slashing tactics remains the...
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