Online Travel

The Biggest Cliche in Travel Companies' Business Models

Claims of an unyielding network effect are often so much hot air such as when Expedia claims that it has "mutually beneficial supply agreements" that reinforce its global marketplace. Still, when companies such as TripAdvisor, which attracts more than 100 user reviews and ratings per minute, truly achieve a network effect, their growth can be exponential.
Online Travel

Priceline Invests $500 Million in Chinese Booking Giant Ctrip

This deal has huge implications despite the fact that the Priceline Group gets only a 10% piece of Ctrip. Priceline is playing its China card with the leading travel-booking site in China, and Baidu-affiliated Qunar and Expedia's eLong get weakened in the process.