Archives from author » phocuswright

TravelMole.TV Interview with Philip Wolf, President and CEO, PhoCusWright Inc.

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Philip Wolf discusses the highs and lows of travel technology. Interview by Charles Kao at The WTTC Global Travel and Tourism Summit, May 18, 2011, Las Vegas. (Via TravelMole.TV) Original post: http://www.travelmole.tv/watch_vdo.php?id=15558  



Airline Ancillary Services: You May Be Building, But Will They Come?

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Airline Ancillary Services: You May Be Building, But Will They Come? May 26, 2011 Airline efforts to strike gold with ancillary products have shaken up air distribution, creating a need for new shopping methods and backend technologies. But despite the resulting hullabaloo among airlines and intermediaries, one crucial stakeholder is often overlooked: the traveler. While airlines are increasingly... 



The Tipping Point: Online Travel Growth Slows When Penetration Tops 35%

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The Tipping Point: Online Travel Growth Slows When Penetration Tops 35% May 19, 2011 When considering online travel penetration, bigger isn't always better. In fact, travel companies seeking the highest growth opportunities should look to travel markets with online penetration below 35%, according to PhoCusWright's Global Online Travel Overview Second Edition. Once a travel market's online... 



Will Social Media Silence the Vacation Rentals Trust Issue? (And Transform Online Travel Shopping)

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By Douglas Quinby Over the past couple of years the travel industry has woken up to this heaving – if unruly – market called vacation rentals. We know it’s big. We know it’s undergone a remarkable makeover. But it still faces a big challenge: trust. The market is large but fragmented, with hundreds of thousands of suppliers (homeowners). It has few brands and no commonly accepted service levels... 



In India’s Online Travel Market, More Eyes Turn to Rail

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In India's Online Travel Market, More Eyes Turn to Rail May 12, 2011 Most online travel markets are obsessed with flights, hotels and online travel agencies, but in India, rail towers above all else. Online traffic to rail websites exceeds that to all other travel categories, according to a recent PhoCusWright report (see Figure below). In fact, as the online rail market matures, the product... 



Asia Pacific Surpasses the U.S. to Become Second Largest Regional Travel Market

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Asia Pacific Surpasses the U.S. to Become Second Largest Regional Travel Market PhoCusWright launches Asia Pacific Research Subscription with a new study that maps the APAC online travel opportunity, analyzing the complex growth dynamics of the region's diverse markets. May 9, 2011 The Asia Pacific (APAC) travel market surged 17% in 2010, surpassing the U.S. to become the second largest... 



Local OTAs Rule Growing Indian Online Travel Market

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Local OTAs Rule India's Growing Online Travel Market April 28, 2011 The global online travel agencies (OTAs) may be the biggest names in online travel, but Indian travelers clearly prefer the flavor of OTAs grown closer to home. A recent PhoCusWright report revealed the dominance of India's homegrown OTAs, particularly among air and hotel shoppers. PhoCusWright's Indian Online Travel Traffic... 



2011 Theme for the PhoCusWright Conference Announced

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2011 PhoCusWright Conference Theme April 26, 2011 2011 PhoCusWright Conference Theme I am pleased to announce the theme for the 2011 PhoCusWright Conference to be held November 15-17, 2011 in Hollywood, Florida United States (between Ft. Lauderdale and Miami). "Travel Unleashed: Any, Every, Always" heralds the exceptional forces liberating the travel, tourism and hospitality marketplace.... 



Global Online Booking Soars

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Global Online Booking Soars One Third of World's Travel Sales to be Booked Online by 2012* April 21, 2011 By the end of 2012, travelers will book one third of the world's travel sales online, according to a new PhoCusWright report. Online leisure/unmanaged business travel bookings will grow twice as fast as the total market, to surpass US$313 billion by 2012. PhoCusWright's Global Online... 



Cutting Out the Middleman May Cost An Airline More Than It Saves

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Cutting Out the Middleman May Cost An Airline More Than It Saves April 14, 2011 Airlines aiming to gain leverage by pulling out of intermediary channels may want to think twice. Even travelers who typically book directly on airline websites often shop elsewhere, according to a recent PhoCusWright report, Heat from the Middle Seat: The U.S. Consumer Perspective on Air Travel. Online travel...