Articles tagged “prices”

Online Travel

Expedia Axes Its Price-Matching Guarantee in a Sharp Break From the Past

Expedia's move seems odd, as hotel chains ramp up their direct-booking campaigns that include best-price guarantees. Our guess is that the company tested and found that most consumers are no longer swayed by price-matching offers. Or perhaps there was pressure from ongoing probes in Europe.
Airlines

U.S. travel spending slowed growth in second quarter

Travel and tourism spending by consumers and suppliers in the second quarter grew a bit faster than gross domestic product, but the growth rate for travel and tourism spending fell harder than the GDP growth rate when measured against their respective increases in the first quarter.