‘Creating a ‘social media committee’ – high level positions are a must’...
By Ritesh Gupta Should social media be entirely classified as word of mouth strategy? Word of mouth advertising can be a huge benefit or detriment to a brand, and it is said that social media is literally word of mouth...
AXA Private Equity acquires equity in GO Voyages...
European private equity firm AXA Private Equity has signed an agreement to acquire a majority stake in GO Voyages. Following this investment, AXA Private Equity will hold the majority of the equity of GO Voyages alongside the management team and...
Travelport acquires Sprice.com...
Travelport has completed the acquisition of Singapore-based Sprice Pte. Ltd., which owns and operates hotel and travel search engine Sprice.com. Terms of the acquisition were not disclosed. The acquisition supports Travelport’s strategy to rapidly expand the availability of hospitality content...
Priceline.com acquires online car rental agency...
Online travel company Priceline.com has acquired Manchester-based TravelJigsaw LTD, a multinational car hire reservation service. Priceline.com said it intends to retain TravelJigsaw’s current management team, who will maintain a minority ownership stake in the company and continue to manage TravelJigsaw’s...
Is the industry reluctant to move towards automation in its RM strategies?...
A couple of months ago, we discussed five myths about revenue management and revenue management systems that we found to be both widespread and wildly untrue: Some revenue management functions are so crucial they cannot be left to automated systems...
Hostelworld Hostelbookers price comparison study...
New survey indicates “HostelBookers are, on average, 8.7% cheaper than Hostelworld!” A recent independent study, commissioned by HostelBookers and undertaken by Reed Business Insight, has revealed that HostelBookers is cheaper than its nearest competitor, Hostelworld. A Spokesperson for Reed confirmed:...
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