PhoCusWright In the News

PhoCusWright is one of the most quoted travel industry research firms in the world. Below is a sampling of press mentions.

This Is How Travelers Are Using Their Smartphones And Tablets — And How ...
Business Insider April 15, 2014
Mobile is expected to account for more than 25% of total U.S. online travel bookings by 2015, according to PhoCusWright. In a recent report from BI Intelligence, we look at how the worldwide adoption of smartphones, tablets, and other devices is ...

IDG Ventures, Vertex lead Rs 140 crore funding round for Yatra
Economic Times April 15, 2014
India's online gross bookings are expected to touch $12.5 billion in 2015, according to a report released by PhoCusWright, a leading travel research firm. Almost 40% of all domestic flight booking are booked online, according to industry data. Founded ...

Google licenses hotel search software from Room 77
Travel Weekly April 13, 2014
... of U.S. hotel revenue as recently as 2012, will account for 28% of all hotel-room bookings by 2015 and will have jumped more than fivefold between 2012 and 2015, to $39.5 billion, PhoCusWright predicted in its annual Online Travel Overview late ...

ARC gets handle on debit memos
Travel Weekly April 13, 2014
Bob Offutt, senior technology analyst with PhoCusWright, said that GDSs are also part of the mix: Sometimes they can miscalculate fares, which generates a debit memo to the GDS; and sometimes the agency gets the debit memo but determines that the GDS ...

US digital marketing statistics of the week
Econsultancy (blog) April 10, 2014
... and APAC. Despite this slow growth, the US is still the biggest market for online travel. PhoCusWright in its annual online travel review has previously estimated that the share of online channels in travel bookings will rise from 41% in 2012 to 43 ...

Persistence pays off for young Calif agent app developer
Travel Weekly April 09, 2014
Just as impressively, she has designed an itinerary app called TripScope, first using funding from her grandmother, then winning $100,000 in a crowd-funding competition. TripScope landed her in PhoCusWright's "Class of 35 travel tech innovators under 35."

Virtual tour sites, apps make travel an easier ride
Livemint April 09, 2014
“The one aspect of virtual tours is that they can be a driver of inspiration,” said Chetan Kapoor, research associate, Asia Pacific, at PhocusWright Inc., a travel research firm that focuses on emerging technologies. “Everybody has a bit of wanderlust ...

Hotel Search Upgrade: Google Licenses Room 77 Platform
Search Engine Land April 08, 2014
By comparison, travel industry monitor PhoCusWright estimated 31 percent of all US hotel room reservations in 2012 were made online. That's a lot of money at stake. Google's 2013 total revenues were $58.7 billion. According to a 2010 survey by Frommers ...

How using search intelligence and hotel data improve booking behaviour?
Hospitality Net (press release) April 08, 2014
OTAs, GDSs, B2B Accommodation Wholesalers, Metasearch price comparison sites, branded dotcoms – all are part of the huge online travel market worth $313 billion in 2012 (according to PhoCusWright). The shopper for travel products is spoilt for choice ...

TripAdvisor claims updated email service can help boost reviews by a third
BigHospitality.co.uk April 08, 2014
A recent study by PhoCusWright revealed that reviews play an important role in the booking decision for travelers, with more than half of TripAdvisor users refusing to book a hotel that does not have reviews. Philardeau said the quantity of reviews a ...

Airbnb renters to pay taxes in San Francisco and Portland
Travel Weekly April 08, 2014
“As sharing economy services such as Airbnb [and ride-sharing companies] Uber and Lyft rise in popularity, the potential clash with local players and authorities would be inevitable, especially where there is a uneven playing field,” said PhoCusWright ...

TripAdvisor doesn't just want to help you choose a hotel for your holiday—it ...
Quartz April 08, 2014
Indeed, at last year's conference organized by PhoCusWright, a travel research company, TripAdvisor's CEO said just that: “We think the next big revolution in travel is going to be about serving the traveler when they are in market, and we think ...

Competitive Landscape Of U.S. Online Travel Market Is Transforming
Seeking Alpha April 07, 2014
PhoCusWright estimates that the share of online channels in travel bookings will rise from 41% in 2012 to 43% by 2015. Just four brands - Expedia (EXPE), Priceline (PCLN), Orbitz Worldwide (OWW) and Travelocity - control about 95% of the U.S. OTA ...

Online travel trends in Europe | By Pamela Whitby
Hospitality Net April 03, 2014
Late last year PhocusWright released figures that suggest European gross travel bookings are projected to hit record levels of over €250 billion in 2013. In fact, Europe's online travel market is forecast to grow faster than the total travel market ...

PhoCusWright Europe 2014 Dublin - TIS and more - Tnooz will be heading to ...
Tnooz March 27, 2014
Tnooz will be heading to the Irish capital to report on and participate in the PhoCusWright Europe conference. The event begins on Monday 19 May and includes the first European version of the Travel Innovation Summit, workshops and the main Center ...

TripAdvisor Dominates Hotel Reviews But Isn't Your Only Option
Curbed National March 26, 2014
More than half of the world's travelers read reviews before they book a hotel. That's according to research from the international marketing firm of PhoCusWright. Eighty percent of respondents reported that reading reviews on TripAdvisor made them ...