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Phocuswright News

Recent Phocuswright News

July 2015India Online Travel Overview: Lodging and Mobile Elevate the Market
India Online Travel Overview:  Lodging and Mobile Elevate the Market
Research UpdateAnalyst: Maggie Rauch

India's online travel market is beating the odds, with online bookings continuing to surge at double-digit rates despite very low Internet and credit card penetration. In 2014, online channels accounted for 39% of travel bookings, according to Phocuswright's India Online Travel Overview Eighth Edition, putting India just a few percentage points behind the world's most mature online travel markets – the U.S. and Europe.

July 2015Online Travel Agencies Creep up on Supplier Share Down Under
Online Travel Agencies Creep up on Supplier Share Down Under
Research UpdateAnalyst: Maggie Rauch

Travel is quietly bouncing back in the Australia-New Zealand (ANZ) market, on the back of stronger domestic demand and a healthier airline sector. ANZ reversed its 2013 decline, but still gained just 3% in local currency terms in 2014, according to Phocuswright's Australia-New Zealand Online Travel Overview Eighth Edition.

July 2015Phocuswright and 33entrepreneurs Announce Startup Partnership
Phocuswright and 33entrepreneurs Announce Startup Partnership
Research Update

Phocuswright and 33entrepreneurs announce a joint partnership to seed 10 startups into The Travel Innovation Summit: BattlegroundThe Battleground, taking place November 16, 2015, during The Phocuswright Conference in Hollywood/Ft. Lauderdale, FL USA, is a preliminary Travel Innovation Summit round. During this new program, 20 early-stage startups compete for three open spots to demonstrate on stage at the main Travel Innovation Summit on November 17 – 18.

June 2015Phocuswright and PATA Announce Partnership at PATA Technology Forum
Phocuswright and PATA Announce Partnership at PATA Technology Forum
Research Update

Travel industry research authority Phocuswright and the Pacific Asia Travel Association (PATA) today announced a joint partnership giving PATA Technology Forum attendees access to unique Phocuswright content and research. The PATA Technology Forum takes place at PATA Travel Mart 2015, in Bengaluru, India, on September 6, 2015.

June 2015How Mobile Is Changing Desktop Search-Shop-Buy
How Mobile Is Changing Desktop Search-Shop-Buy
Research UpdateAnalyst: Douglas Quinby

Most of the travel industry is fixated on mobile – with good reason – but the biggest single booking method is still desktop. Mobile – smartphones and tablets, apps and the mobile web – barely broke into double digits as a share of total online travel gross bookings in the U.S. in 2014. Just one in four online travelers booked any travel on their smartphone in 2014. By comparison, four in five travelers booked via desktop.

June 2015Top Five Trends in Mobile Booking
Top Five Trends in Mobile Booking
Research UpdateAnalyst: Cathy Schetzina Walsh

By 2020, worldwide smartphone subscriptions are projected to top 6.1 billion. Consumers are now experts at navigating apps and mobile sites, and using their mobile devices with almost the same ease as using their desktops. Now that travel companies are catching up, with multiple apps and iterations under their belts, it's time for them to move beyond the basics.

June 2015Over Half of Indian Holiday Travelers Search and Shop Online
Over Half of Indian Holiday Travelers Search and Shop Online
Research UpdateAnalyst: Chetan Kapoor

Digital sources play a key role in planning Indians' most significant leisure trip (the trip with the most money spent and the longest duration). According to a new Phocuswright report, holiday travelers rely on a range of information sources, but websites via computer were the most common, with 54% of travelers going online to search and shop for travel components.

June 2015Phocuswright's Top Six Technology Trends for 2015
Phocuswright's Top Six Technology Trends for 2015
Research UpdateAnalyst: Bob Offutt

Phocuswright announced its six technology trends of the year in the recent Innovation Edition publication, Travel Innovation and Technology Trends 2015.

Travel sales, which totaled US$1.3 trillion in 2014, are expected to rise 6% in 2015, and competition will be intense. This year's Travel Innovation and Technology Trends pinpoints the biggest trends that businesses need to consider before making their next technology investments.

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