Online Travel Agencies 2Q and 1H14: With Priceline Ascendant, OTAs Focused on Maintaining Growth

Summary

Led by Priceline's advances, online travel agencies (OTAs) achieved new highs in 2Q14, making it challenging to sustain similar growth going forward. But OTAs continue to pursue new growth avenues by expanding into new markets, investing in new technologies and acquiring companies large and small.