PhoCusWright Research

Vacation rentals now account for more than one fifth of the U.S. lodging industry, based on room revenue. Rapid advancement is altering the competitive landscape, enabling property management companies to run their rental operations with greater savvy and sophistication, empowering individual homeowners to market and rent their vacation homes directly, and improving the shopping and booking experience. This report represents a comprehensive study of the U.S. vacation rental marketplace, including sizing, key segmentation, challenges, opportunities and trends.
[ view more details ]

U.S. airlines achieved another year of impressive gains in 2012, despite less-than-ideal market conditions, and online air bookings grew faster than the total market for the first time in two years. Although airlines face fare increases, flat leisure demand and tight capacity, revenue will still rise in the coming years. Growth, however, will slow.
[ view more details ]

Defying the global economic downturn, U.S. hotels far outperformed the overall travel market in 2012 - and thanks to rising demand and flat supply, growth is expected to continue in the next several years. Mobile bookings are also on the rise - however slowly - and hotels are spending a great deal of time and energy figuring out how to lessen their dependence on online travel agencies.
[ view more details ]

As once-youthful online travel agency brands become well-known household names, OTAs' share of the total travel market remains steady and growth settles into a modest pace. OTAs' focus on selling hotel rooms - now more profitable than flights - will continue to intensify, especially as consumers demand mobile apps to accommodate their increasing affinity for booking last-minute stays.
[ view more details ]

While the economy - and the travel industry - didn't improve as much in 2012 as everyone hoped, U.S. travelers remain resilient. PhoCusWright's U.S. Online Travel Overview Twelfth Edition hashes out the impact of the current economic uncertainty on the industry and delves into the dynamics of the industry's near future. In addition to market sizing and growth forecasts by travel segment and distribution channel - including mobile - the report tracks the technology trends that will shape the industry through 2014.
[ view more details ]

Despite rising oil prices and airfares, aggregate gross bookings of the three public U.S. OTAs – Expedia, Orbitz and Priceline – made notable increases in 1Q12. However, near-term headwinds lie in wait.
[ view more details ]

This May 22, 2012 Webinar explores the key developments that are shaping the corporate travel marketplace, along with market sizing and projections through 2013.
[ view more details ]

While the corporate travel sector in the U.S. rebounded relatively quickly from the financial downturn and has now recovered to pre-recession levels, the industry is still in the midst of major change, with several fundamental shifts influencing how business travel will be conducted in the future. This report provides a comprehensive view of the state of managed travel in the U.S., along with the key metrics, dynamics and trends that will shape the arena through 2013.
[ view more details ]

This recording and deck of PhoCusWright's April 25 Webinar explores the traditional agency channel, identifying the key forces that shape agency distribution.
[ view more details ]

Despite the economic difficulties of 4Q11 – rising fuel prices and airfares, a stronger U.S. dollar, and ongoing financial drama in Europe – online travel agencies delivered mostly strong performances, with solid growth in international markets. The outlook for 2012 is exciting but uneven, with OTAs fighting hard for U.S. share and making gains in Europe.
[ view more details ]