Publication Summary

A combination of strong earnings reports and recent increases in both hotel and online travel agency stocks suggest an improved scenario for the travel industry. In addition, the broader economy has been cooperative of late; key travel indicators are on the upswing, with both airline load factors and hotel occupancy on the rise. Still, there has been much talk about softening growth, and with a 3% reduction in government spending in 1Q12, it remains unclear whether the rosy financial picture for travel will remain through the summer.

Presented by Tim Mullaney (financial analyst and director, PhoCusWright's Money Edition) and moderated by Lorraine Sileo (vice president, research) on May 16, 2012, PhoCusWright's Money Edition: Trends, Metrics and More combines information and insight to help travel companies and investors make smart, strategic decisions about the online travel space. Topics include:

• Discussion of key economic indicators impacting the travel industry, including fuel prices, consumer confidence and the debt crisis in Europe
• Performance of major travel stocks, with analysis of PhoCusWright's proprietary stock indexes:
  • PhoCusWright Online Travel Agency Index (POTAI)
    
  • PhoCusWright Online Travel Ecosystem Index (PTEI)
• State of venture funding and other financing, including highlights from the PhoCusWright Venture Thermometer
• IPO Update: Facebook, TripAdvisor, Groupon and more
• Review of online travel agencies' performance through 1Q12, and what to expect for the rest of the year
• OTA vs. supplier dynamics, key metrics for hotel and air segments