Industry News & Trends

Expedia gives up on battle for China

The company sold its 62.4% stake in China’s Elong travel website to four buyers. Among them is Ctrip, which is now more firmly ensconced as the top player in China’s competitive online travel market. The two companies have agreed to cooperate with each other on “certain travel product offerings for specified geographic markets.”

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Google adds tweets to its mobile search results

The search results can be triggered by “Twitter” keyword searches for specific accounts and hashtags, but also surface Tweets for any standard search, too. Google says this is an attempt to put “real-time info” into its results, and notes that it provides Twitter users with a larger audience for their content as well.

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‘Big 3’ in online travel are getting bigger

Hotel industry demand remained strong on Q1 as the 'Big 3' in online travel - Priceline, Expedia and TripAdvisor - continued to take market share. Analysts estimate that they will generate a combined $80 billion in hotel and vacation rental bookings in fiscal year 2015.

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