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The U.S. online travel agencies (OTAs) began 2012 on a positive note. Despite rising oil prices and airfares, which dampened travel sentiment globally, aggregate gross bookings of the three public U.S. OTAs – Expedia, Orbitz and Priceline – in 1Q12, had an increase of 22% year over year. However, there are some near-term headwinds: Rising airfares are negatively affecting package sales and the ongoing eurozone crisis could cast a shadow over OTAs' international prospects.
Table of Contents
OTAs Outperform at Home
Opportunity & Uncertainty Overseas
Key Trends and Developments
- Kayak's IPO: To Be or Not to Be?
- Deals, Deals and Deals
- Vacation Rentals from China to Spain
- Room Key Partners With Travelocity