Articles tagged “travelclick”

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The Value of Staying Independent in an Increasingly Soft Branded World

The Value of Staying Independent in an Increasingly Soft Branded World

TravelClick + Skift

Despite the appeal of the soft brand model, independent and boutique hotels will always be key players in the market.

2 weeks ago

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New Insights Deck: Soft Brands — Weighing the Risks, Rewards, and Realities

New Insights Deck: Soft Brands — Weighing the Risks, Rewards, and Realities

TravelClick + Skift

The soft brand model has benefits for large hotel chains. But is it equally beneficial for independent hotel owners?

2 months ago

Travel Agents Are Increasingly Using Global Distribution Systems to Book Hotels

Travel Agents Are Increasingly Using Global Distribution Systems to Book Hotels

Andrew Sheivachman, Skift

Agents may be placing more hotel bookings through global distribution systems, but the fact remains that hotels would like to move away from expensive distribution channels like these.

9 months ago

Agents Don’t Book Hotels That Play Games With Room Rates Says Study

Agents Don’t Book Hotels That Play Games With Room Rates Says Study

Andrew Sheivachman, Skift

Hotels have long placed lower rates on channels more advantageous to driving revenue. That some travel agents are finally wising up to the lack of rate parity is unlikely to change that.

3 years ago

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners

Dennis Schaal, Skift

In this transaction, Pegasus Solutions unloads a struggling reservations business to a private equity firm, and a smaller Pegasus Solutions, still facing lots of issues, lives to fight another day.

4 years ago

Online Travel Agency Hotel Bookings Grew Faster Than Hotels’ Own Websites in Q1

Online Travel Agency Hotel Bookings Grew Faster Than Hotels’ Own Websites in Q1

Dennis Schaal, Skift

Online travel agencies are taking market share when it comes to hotel bookings for leisure and business travelers, but hotels' own direct channels still dominate, and travel agencies are still well ahead, too, if the TravelClick numbers are to be believed.

4 years ago

TravelClick to be Acquired by Private Equity Firm for $930 Million

TravelClick to be Acquired by Private Equity Firm for $930 Million

Dennis Schaal, Skift

Is Thoma Bravo overpaying for TravelClick? It is a legitimate question considering that the initial sale process gave way to an auction, and we hear other suitors were rolling their eyes at an $800 million price tag. And does transitioning from the grip of one private equity firm to another really put TravelClick in a stronger competitive position?

4 years ago

TravelClick Is Up For Auction at $800 Million But Suitors Are Balking at the Price Tag

TravelClick Is Up For Auction at $800 Million But Suitors Are Balking at the Price Tag

Dennis Schaal, Skift

TravelClick has a huge customer base in the hotel industry, but needs to reinvent itself. That's going to take a lot of investment, but it's unclear if there is a buyer out there who wants to take on that burden and risk.

4 years ago

TravelClick’s Owner Exploring an Auction of the Hotel Software Company

TravelClick’s Owner Exploring an Auction of the Hotel Software Company

Reuters

Threatened by giants like TripAdvisor, Genstar is likely looking for a buyer who can add TravelClick to an existing brand in order to better compete.

4 years ago

Meetings and conventions bookings sluggish compared with trips for vacations

Businesses are still being cautious about their travel budgets for meetings and conventions. The economic recovery is patchy, at best.

5 years ago

Infographic: U.S. Hotel bookings look bright for the next year

2012 has been a good year for U.S. hotel bookings, and 2013 promises to be the same.

6 years ago