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Posted Nov 23, 2011
Speaking last week at the PhoCusWright Conference 2011, Hilton Worldwide president of brands and commercial services Paul Brown noted that even though 2012 looks stronger in terms of rate than 2011 did this time last year, the industry is seeing a "fall-off" of transient demand from the financial services sector. Airlines similarly have reported softness from that sector.
Posted Nov 15, 2011
My, what a contrast in travel innovation. The first two presenters at today’s PhoCusWright Travel Innovation Summit were Hipmunk and Evature. Both focus on simplifying the travel search process. Pay attention to the implications for corporate travel.
Posted Dec 2, 2010
The following is a Farelogix response to "Distribution Execs Opine on Transparency, Economics" as published by The Beat on Nov. 18, 2010.
I attended the recent PhoCusWright Conference, where the underlying theme was Chaos. Certainly we don't need more chaos in our industry, but as always, PhoCusWright put on a very good show. I did the usual networking and listening to the many pundits and sponsored speakers, but one in particular hit home with me: Jeff Clarke, CEO of Travelport, made a number of industry observations and statements during his interview presentation.
Posted Jan 13, 2010
The Interactive Travel Services Association commissioned PhoCusWright to produce a paper outlining the "role and influence" of the global distribution systems. You can get it here. For most industry participants, the paper will contain little new information. It looks more like a primer that GDS companies reportedly planning to go public can hand out to potential investors and analysts. If I can be permitted to stereotype, the GDS role is as familiar to such folks as is the dark side of the moon (not the album). ITSA executive director Art Sackler declined to answer my question on whether the paper's timing is related to IPOs, but nevertheless, I have to agree with him that such a paper "was long past due."
Posted Dec 2, 2009
As most of you know I was intimately involved with this year's PhoCusWright Travel Innovation Summit. I have been tracking both new media and traditional coverage of this event. I wanted to provide you some feedback from the inside as well as some comments on the overall subject of innovation.
Posted Nov 18, 2009
Yesterday I watched 34 firms pitch their innovations at a PhoCusWright's travel innovation conference. Nearly all were aimed at the leisure travel segment, but keep reading, because innovations in the consumer market will shape the face of business travel.
Posted Sept 25, 2009
Two readers responded to last week's GUEST column by Doug Weeks regarding travel management company globalization, which itself was in response to feature in The Beat on the role of TMCs ...
Posted Jun 8, 2009
To The Beat,
Excellent coverage (as usual) of the interesting developments in airline commission policies in Canada. The step by Air Canada would also seem to be (another) clear effort to disintermediate the global distribution systems in Canada.
I'd like to add a little color to your discussion of online share of travel agent bookings in the U.S.
Posted Feb 12, 2009
Only those open to change will reap the rewards
by Michael Strauss
From a technological point of view, the travel industry is not the hunter, but the hunted. Innovations are neither fostered nor developed to the necessary extent. Suppliers, distributors, travel management companies, but also technology providers are partially to blame for this. However, new concepts can help the travel industry to reduce costs, master crises and offer better products.
Posted Nov 24, 2008
At this year's PhoCusWright conference, a variety of CEOs spoke about their companies, but one stood out for detailing how declining business travel has impacted his company's profits.
According to Wyndham Worldwide president and CEO Stephen Holmes, "Where we see the biggest overall weakness in the market is business travel. With cash as king discretionary spending is under scrutiny in all businesses."
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