Phocuswright Research

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Industry Update Summary August 2012

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US $250 €200

The stats for August were fine. Hotel occupancy was up strongly, after posting a nothing-to-brag-about increase of less than 1 percentage point in July. ADRs rose, RevPAR was up and airplanes continued to run more than 85% full. So far, so good. Then Spain's budget came out, rioters hit the streets, and we were all reminded that the macro cloud hanging over businesses of all kind hasn't gone anywhere. Priceline shares, always sensitive to Europe, shed more than 1%. Other travel shares also gave up gains from earlier in the month.
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TravelStats | Published: October 2012
Free For: Money Subscribers

Online Travel Agencies 2Q and 1H12: International Markets Thrown a Curveball

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US $450 €360

The second quarter of 2012 was challenging for U.S. public online travel agencies (OTAs) – Expedia, Orbitz and Priceline. While domestic business was resilient for most, relatively weak travel demand in Europe meant that growth from overseas operations was muted across the board.
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Data Point | Published: October 2012
Free For: European, Global, and Asia Pacific Subscribers

Destination Unknown: How U.S. and European Travelers Decide Where to Go 2012

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US $995 €796

With uncertainty still lingering over many of the world's economies, consumers have grown increasingly careful about their travel spending. A range of influences and information sources impact how consumers decide where to go, and travel behavior varies considerably across different markets. This report explores how the process of destination selection is evolving, and in particular how this process differs between travelers in the U.S., France, Germany and the U.K.
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Report | Published: September 2012
Free For: European and Global Subscribers

Presentation: A Sleeping Giant Awakens - Eastern Europe's Online Travel Market

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US $199 €159

The September 12, 2012 webinar reveals the unique characteristics, challenges and opportunities of Eastern Europe's travel marketplace.
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Presentation | Published: September 2012
Free For: European, Global, and Webinar Subscribers

A Long-Term View of Tour Operators

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US $350 €280

European tour operators continue to face financial hardship, thanks to competition from online travel agencies and supplier-direct sales. But efforts to improve their product mix and flexibility, differentiate themselves through customer service, and update their business models may yet keep tour operators in the game.
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Spotlight | Published: September 2012
Free For: European and Global Subscribers

European Consumer Travel Report Third Edition

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US $1,495 €1196

Phocuswright's European Consumer Travel Report Third Edition explores consumer travel trends in three major European markets: France, Germany and the U.K. The study outlines year-over-year changes in leisure travel incidence, trip frequency and duration, travel expenditure, international travel and travel product purchases. Analysis provides an in-depth look at the use of online and offline channels during three stages of the travel planning process - destination selection, shopping and booking - and examines travel-related engagement via the mobile web and social networks.
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Report | Published: September 2012
Free For: European and Global Subscribers

Asia Pacific Online Travel Overview Fifth Edition

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US $1,496 €1197

Asia Pacific's bustling economies have enjoyed striking growth in travel demand over the past several years. Airlines and hotels are benefiting from growing business and leisure travel demand, and online travel agencies - both local and global - continue to outperform the overall market. Phocuswright's Asia Pacific Online Travel Overview Fifth Edition provides comprehensive sizing, analysis and forecasting for the region's 13 travel markets, with special emphasis on its five major markets: China, India, Japan, Australia and New Zealand.
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Report | Published: August 2012
Free For: Global and Asia Pacific Subscribers

Industry Update Summary June 2012

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US $250 €200

Does online travel know something other industries don't, or is the category whistling before an economic storm? It's an interesting question as we look at June's data, plus stock prices and some earnings reports coming in during July. Early earnings performance from Expedia was excellent, and the hotels are doing well (though hotel stocks are weakening) and the airlines are benefitting from cheaper fuel, higher load factors and a general, welcome discipline that comes from having been whipsawed by cycles before. And yet ... the question is whether – or how long – this can last in the face of a weakening economy and a looming fiscal cliff.
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TravelStats | Published: August 2012
Free For: Money Subscribers

Asia Pacific Online Travel Overview Fifth Edition Airlines: A Turbulent Ascent

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US $671 €537

Asia Pacific is home to the fastest-growing airline market in the world -- a market abuzz with new models and aggressive competition. This report provides sizing and analysis of the region's total and online air markets and offers insight into what their future holds.
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Report | Published: July 2012
Free For: Global and Asia Pacific Subscribers

Industry Update Summary May 2012

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US $250 €200

Everyone is suddenly worried about the economy, including us. As recently as our Webinar in May, we argued that the economy had perhaps four months of bullish runway left before concerns about the presidential election and the many fiscal decisions that must be made after November 6 become more pressing.
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TravelStats | Published: July 2012
Free For: Money Subscribers