PhoCusWright's Online Travel Agency Index Slips in May
FOR IMMEDIATE RELEASE
Sherman, CT USA, June 11, 2012 – After outperforming in March and April, the PhoCusWright Online Travel Agency Index fell 12% in May. While both Expedia and TripAdvisor recorded gains for the month, Priceline's 18% drop dragged down the overall Index performance. Despite the weak month, the Index has substantially outperformed on a year-to-date basis, with a gain of 29%.
The PhoCusWright Online Travel Ecosystem Index (PTEI) and the PhoCusWright Online Travel Agency Index (POTAI) are key components of PhoCusWright's Money Edition Research Subscription. In addition to access to these stock indexes, the Money Edition subscription features a range of regular publications, all focused on the financial side of the online travel space. The Money Edition is designed to help travel companies and investors "follow the money" and make smart, strategic decisions with clear and actionable analysis of the financial and economic fundamentals of travel.
About PhoCusWright Inc.
PhoCusWright is the travel industry research authority on how travelers, suppliers and intermediaries connect. Independent, rigorous and unbiased, PhoCusWright fosters smart strategic planning, tactical decision-making and organizational effectiveness.
PhoCusWright delivers qualitative and quantitative research on the evolving dynamics that influence travel, tourism and hospitality distribution. Our marketplace intelligence is the industry standard for segmentation, sizing, forecasting, trends, analysis and consumer travel planning behavior. Every day around the world, senior executives, marketers, strategists and research professionals from all segments of the industry value chain use PhoCusWright research for competitive advantage.
PhoCusWright enables clients to bolster productivity through superior staff training and education. Scalable products, customized programs and cost-effective delivery improve the performance of thousands of travel, tourism and hospitality employees worldwide.
To complement its primary research and learning solutions in North and Latin America, Europe and Asia, PhoCusWright produces several high-profile conferences in the United States and Germany, and partners with conferences in Canada, China and Singapore. Industry leaders and company analysts bring this intelligence to life by debating issues, sharing ideas and defining the ever-evolving reality of travel commerce.
The company is headquartered in the United States with Asia-Pacific operations based in India and local analysts on five continents.
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