Next Round in the Online Travel Agency (OTA) Fee Wars as Orbitz Drops Hotel Fees
April 22, 2009
Orbitz Aims for Brand Loyalty With New Price Display | www.reuters.com
Latest jab in the OTA "race to the bottom" on consumer fees What will be the reaction, if any, from EXPE and Travelocity? Will consumers even care?
"Rossgate" Continues - Federal Grand Jury Subpeonas Documents From Hilton
April 21, 2009
Hilton Gets Subpoena Over Starwood Spying Claims | www.reuters.com
-Potential huge distraction for both Hilton and Starwood -Hilton development pipeline may be crimped -New opportunities for other brands?
Starwood sues Hilton over Denizen - "Zengate"
April 17, 2009
Starwood Sues Hilton and Two Former Starwood Executives for Corporate Espionage, Theft of Trade Secrets, Unfair Competition | finance.yahoo.com
If successful, Hilton may be forced to massively retrench on their new brand, Denizen. Massive distraction for both companies in already tough times.
April 14, 2009
Allegiant Travel Company Pre-Announces First Quarter 2009 Earnings, Moves First Quarter Earnings Call One Day Earlier to Avoid Conflicts | finance.yahoo.com
ALGT is not a typical airline in any respect. From revenue sources to cost containment, they are a far cry from AMR and even JBLU or LUV.
Orbitz Finally Falls In Line and Removes Booking Fees: OWW
April 7, 2009
Orbitz Finally Matches EXPE, PCLN and Travelocity in Removing Air Booking Fees | www.orbitz.com
- Much larger portion of Orbitz's earnings come from booking fees than competitors. (Citi estimates nearly 60% for OWW vs ~10% for EXPE.)
As Global Business Travel Slumps, Hotel Chains Court Their Most Loyal Customers With New Deals
April 6, 2009
Hotels Turn to Loyalty Programs to Drive Revenue | finance.yahoo.com
-Massive frequent stayer bonus programs are rolled out by all the chains as they battle for share among remaining business travelers -Hotels are happy for redemption of loyalty points as well to build occupancy -Its a great time to earn (huge bonus programs in place) as well as burn (finding a free room is easier than ever)
AF-KLM eyes CSA and now purchased 25% interest in Alitalia
March 26, 2009
Air France-KLM eyes CSA, crisis ongoing | www.reuters.com
AF-KLM seems to have taken their eye off of the core AF/KLM airline. There is a point of diminishing returns when it comes to economies of scale and they have reach that point! EU may take a greater interest should their be anymore consolidations. This assumes that Iberia remains a separate entity or does something with BA. Lufthansa done a better job of acquisitions, investments and starting new business and seems to be more strategic in their approach.
Another Holiday, Another GOOG buys EXPE Rumor...
March 19, 2009
Expedia Shares Rally on Takeover Rumors | www.reuters.com
-EXPE is not a typical GOOG purchase -GOOG would hardly risk millions of dollars in ad revenues to enter the travel space
Travelocity matches Expedia - implications for Orbitz, Priceline
March 17, 2009
Travelocity to Waive Flight-Booking Fees - Will OWW match? | online.wsj.com
-Travelocity matches Expedia's booking fee reduction -Orbitz will be forced to match -Limited to no effect on Priceline
Expedia's bold move into no-fee air bookings
March 12, 2009
Expedia shares gain on new promotion; rivals slip | biz.yahoo.com
EXPE makes a big bet on traffic and cross-sell OWW potentially crushed PCLN punished unfairly
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