GLG News by Online Travel Agency and Industry Experts (North America)

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

ALGT Gives 757s a try - Aloha Hawaii

March 8, 2010

Allegiant to buy 757s for Hawaii flights | finance.yahoo.com

Allegiant Travel Services has bought six 757s for new service to Hawaii

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSOLUTIONZ HOLDINGS What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The Future of the GDS as privately held companies

February 11, 2010

Travelport Defers U.K. IPO, Cancels Debt Tender Offer (Update1) | www.businessweek.com

Travelport cancelled its IPO and debt tender offer this week, citing "volatile equity market conditions".  Travelport started the share sale on Feb. 1 with a marketing process to sell between 383 million and 528 million shares at a price of 210 pence to 290 pence apiece. The IPO would have been the biggest in the U.K. since 2007, giving the company a so-called enterprise value of 8.8 times earnings before interest, taxes, depreciation and amortization.

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

OTAs Prevail Against Anaheim: Court Calls Prior Ruling "Logical Fallacy"

February 3, 2010

Expedia, Priceline and Orbitz Rejoice at Hotel Tax Rollback | industry.bnet.com

The major Online Travel Agencies today notched a huge win in Anaheim, California where a judge threw out a $21,326,881.30 ruling against Expedia, Travelocity, Priceline, Orbitz and their related subsidiaries with a strongly worded rebuke to the Anaheim City Hearing Officer's earlier findings

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSOLUTIONZ HOLDINGS What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The downward trend on air ticket sales continues for the agency channel

January 22, 2010

Air Ticket Sales for 2009 were down 17.29% | www.arccorp.com

Year over year air ticket sales through the travel agency channel (both online and offline) declined 17.29% in 2009.  Total sales were $65.8b, with $29.9b from domestic fares and $25.6b from international fares (with the balance being taxes and fees).  There are 15,928 agencies in the US and 188 airlines.  The number of agencies declined 10% from 17,673 in 2008.  This is due to continued consolidation and to some extent, the closure of the low end agencies that cannot survive in today's economy.  The number of airlines grew from 173.  Who knew?   The number of transactions (aka tickets) only declined 5.48%.  International sales as a percentage of total declined just slightly to 39%.  The average price of an international ticket declined 16% to $700.47 and a domestic ticket declined 12% to an average of $298.93, which signals an increase in sales through the top 4 online sites.

Chicke Fitzgerald, Chief Executive Officer

Chicke FitzgeraldChief Executive OfficerSOLUTIONZ HOLDINGS What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

All three key metrics in hospitality are down for 2009 - No surprises there

January 22, 2010

US hotel industry ends '09 with double-digit RevPAR drop | www.hotelnewsnow.com

The three top metrics in the hospitality industry are revenue per available room (RevPAR), occupancy and average daily room rate (ADR).Revenue per available room fell 16.7 percent to US$53.71 during 2009, according to year-end reports from Smith Travel Research.The industry’s occupancy fell 8.7 percent to 55.1 percent for the year and average daily rate dropped 8.8 percent to US$97.51.  None of the top 25 markets showed any growth in these top 3 metrics.

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Priceline's New TV Ad Brings Revenue Management 101 to the People

January 20, 2010

Priceline.com Focuses On Hotel Savings In New Advertising Campaign | finance.yahoo.com

Today, Priceline.com launched a new TV ad campaign featuring a new Shatner side-kick known as "Big Deal." Not only is the Big Deal big, but he also appears to have a deep understanding of hotel revenue management.

Robert Barton, President,Chief Operating Officer

Robert BartonPresident,Chief Operating OfficerFRANCHISE SERVICES OF NORTH AMERICA INC What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The Koreans remain aggressive

November 18, 2009

Honda Targets Return To Pre-Crisis Profitability | online.wsj.com

The 2010 year is shaping up to be a very interesting one for fleet purchasers. The Detroit Big 3 have all dramatically scaled back their fleet programs. Part of the void created by this has been filled by the Koreans.

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

EXPE and CHH Kiss and Make Up

November 12, 2009

Expedia and Choice Hotels International Sign New Long-Term Agreement | www.prnewswire.com

After a particularly ugly public battle, Expedia Inc and Choice Hotels International have hammered out a new deal

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Texas Cities vs. PCLN, EXPE, OWW et al: A Draw at Best

November 3, 2009

Texas Cities Win $20M Verdict in Tax Case | dallas.bizjournals.com

Late last week, a jury in San Antonio delivered a verdict on a class-action suit against the major OTAs that was brought by around 170 cities in Texas. The verdict against Expedia, Orbitz.com, Travelocity and Priceline.com is for $20M plus court imposed penalties and interest.

Tom Botts, Partner

Tom BottsPartnerHudson Crossing What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Choice Hotels International and Expedia: We've Seen This Movie Before

October 19, 2009

Growing Tension Between Hoteliers, OTAs | www.hotelsmag.com

Choice Hotels International and Expedia are in a tiff resulting in Choice brands not displaying on Expedia and Hotels.com

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