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Industry News & Trends

TripAdvisor grows, as does its influence on hotel bookings


While the future and scale of TripAdvisor’s long-term profitability and market positioning remain a talking point in the investment community, there is no question of its effect on the travel industry as a whole: TripAdvisor’s share of traffic in the travel industry has grown 26% in the last three years.

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TripAdvisor reports upbeat Q1, hotel growth flat


A dip in its hotels business and a boom of its Experiences offerings saw TripAdvisor’s non-hotel revenue grow to around one-third of hotel revenue for the first quarter of 2018, compared to the same period in 2017 when the non-hotel segment made up about one-sixth.

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Marriott throws shade at Airbnb


Though Marriott International is only a couple weeks into its pilot of home rentals in London, CEO Arne Sorenson said during the company's first-quarter earnings call on Wednesday that it's "off to a great start."

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Moving the global travel industry forward


Over the past two years, travel start-ups raised a cumulative US$30 billion in funding - almost totaling the amount raised over the past 10 years. The potential for one of these companies to completely change industry dynamics is likely not a matter of if, but a matter of when.

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