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

Michael Bonfils, CEO

Michael BonfilsCEOInternational Media Management Corporation 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.

Baidu - Tough times ahead? Probably NOT.

August 28, 2009

Baidu -- A Sleeping Giant Awakens | searchenginewatch.com

The article  emphasizes the issue's advertisers are having as they change from an old legacy system of Baidu  to a new interface that almost mirrors Google. Will this ultimately be a positive or a negative for the Chinese Search engine? How will it affect Google's position in China?  In my analysis, I explore some more details left out of the original article.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates 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.

Hotels RevPar decline - It is more than just the economy coming out of recession

July 20, 2009

Reservations Mount Over Hotel Stocks | www.businessweek.com

While the economy plays a significant role in hotel RevPar results, their is much more to it than just that. "Events and Meetings Management" (EMM)-still no signs of life. Corporate travel budgets are typically built in the fall for following calendar year-so no growth until next year at the absolute earliest...MAYBE! If you have a decline in air service you are going to have a decline in RevPar...it is that simple...and the hotels should have seen it when airlines first announced those cuts.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates 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.

Cuba is not the "end all, be all" for the cruise industry

July 20, 2009

Cruise companies rise on sector's surge, U.S.-Cuba talks | www.reuters.com

1. Cuba will create a boom for the cruise industry....not really.2. If passed if will be several years before implemented.3. Cuba needs a lot of infrastructure work to support this potential move.4. Benefits other than cruise lines...entire Cuban economy, local hotels and building industry will have the biggest positive impact...could also lead to the demise of Castro and socialism.

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.

New York City Tax Changes: At Least it Isn't Retroactive

July 6, 2009

NYC to OTAs: We Want Tax on Retail Not on Net Rate Amount | hudsoncrossing.blogspot.com

Potential hit on future OTA earnings How far will it expand beyond NYC?

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates 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.

Top Ten reasons to use a travel agent

June 25, 2009

Why Use A Travel Agent? | www.travelagentcentral.com

A David Letterman, tongue in cheek approach at why "use a travel agency".  Hopefully you wail see both the humor and the "deeper meaning" As travel becomes more "unbundled" it becomes more complicated (read: fees for everything...including checking in, using the lavatory on airplanes, a "resort fee" for a resort hotel etc.)  It is only going to get worse...so let someone else sort through it for me (and you)!

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.

United Tells Travel Agents to Cover Credit Card Fees

June 24, 2009

United To Shift Card Costs To Agencies | hudsoncrossing.blogspot.com

How widely adopted will this change be? What will the effect be on consumers? On OTAs?  On the airline industry?

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.

Columbus, GA: 2, Expedia: Zip

June 18, 2009

Rulings Threaten Expedia, Rivals With Paying Millions in Damages | online.wsj.com

While Expedia has been sued numerous times in the past over the tax issue, the recent loss in GA on the heels of a similar loss in Anaheim represent the first time the online travel giant has actually lost a similar case.

Christopher Dane, President

Christopher DanePresidentHRG-Executive Travel Associates 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.

If it did not work before in better economic times, what makes you think in will work now?

June 8, 2009

Jet America Airlines to fly for 9 dollars | www.freshnews.in

This model will fail...again. Cannot believe someone would invest in the person (Weikle) that started Skybus... a company that failed within months of startup.  At least Donald Burr and Freddie Laker enjoyed years of success before going out of business This is not another Allegiant model...unfortunately...if it were and done by someone else...it just  might make it. 

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.

Taxes and Fees, Previously Hardly Ever Discussed, Have Been Adding Substantial Revenue to all OTA's GM

April 28, 2009

When Figuring Travel Cost, Footnotes Add Up | www.nytimes.com

-Removal of hotel "booking fees" may cause serious deterioration to OTA's Gross Margins

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.

OTA Slug Fest Continues as Expedia EXPE matches Orbitz OWW in Removing HOTEL Booking Fees

April 23, 2009

Travel Web Sites Try Waiving Fees | www.businessweek.com

-Expedia and Hotels.com  take a hatchet to hotel margins -Large risk due to dependency on hotel bookings

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