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In With the Old, Out With the New? In Online Travel's Ecosystem Index, the Old Names Are (for Now) the Good Ones
Analysts: Tim Mullaney
PhoCusWright's Ecosystem Index | Published: August 2012
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Publication SummaryThe last month in online travel has been notable less for what is new and hot than for our continuing appreciation of companies that are relatively old and resurgent. In the last three months, Expedia (EXPE) is up Groupon (GRPN) is down. Understand that, and you grasp a few important facts about how the industry seems to be working right now.
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