Hospitality Trends - PhoCusWright News

The travel industry has a pretty good handle on many aspects of its marketplace. For example, we know how many people in the U.S. travel, how often, what products they purchase, how they purchase them and how much they spend. We also know a great deal about the different segments of the travel industry: the transportation and accommodation eleme... - More

The mobile revolution is putting travel in the palm of your hand—quite literally. Transformative new smartphone platforms are quickly changing the way consumers interact with travel brands. Apps, mobile Web sites and SMS alerts are bringing everything from trip planning and maps to itinerary management and social sharing to the mobile platform. - More

As one of the premier leisure travel destinations in Europe, Spain's economy suffered from the decline of both inbound and domestic travel amidst the global recession. The overall travel market fell 12% in 2009 according to PhoCusWright's Spanish Online Travel Overview Fifth Edition. Online travel sales, however, declined by only 1%. - More

The online travel market in Germany grew by 10.4% in 2009 even while overall revenues declined. - More

Hotel industry performance is often predictable yet somehow still catches us by surprise. Like any other economy, the sector relies on a balance of supply and demand-do not let the flat panel TVs and fantastic beds fool you. Hotel performance is significantly tied to the overall economy as well as the industry's own cyclical trends. Recovery is ... - More

Proprietary Data Show Amadeus, Sabre, Travelport Processed More than 1.1 Billion Worldwide Transactions in 2008 - GDS Companies Represent One-Third of U.S. Travel Supplier Revenue, Two-Thirds of U.S. Airline Revenue - More

Europe may still be experiencing the effects of the recession, but online travel continues its upward march across the continent's diverse and complex markets, according to travel industry research authority, PhoCusWright Inc. Changes in the economy and the travel industry have driven significant shifts in how consumers shop for and purchase tra... - More

European online travel bookings are projected to grow slightly by 0.6% in 2009 according to travel industry research authority, PhoCusWright, in its upcoming report, PhoCusWright's European Online Travel Overview Fifth Edition. Internet distribution channels continue to outperform the European travel market as a whole, which is projected to decl... - More

Online Channel to Grow by 19% in 2009 - More

PhoCusWright Inc., reports that travel Web sites are performing well in the midst of the broader travel industry downturn. PhoCusWright's Online Traffic and Conversion Report, a new study conducted in partnership with Compete Inc., shows that monthly traffic and conversion is up in almost all travel categories in the second quarter of 2009, comp... - More