How Hoteliers Can Diminish TripAdvisor's Online Monopoly

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hotelsmag.com
3/2/2011

In December, TripAdvisor customer reviews disappeared from Google Places listings, causing a stir among hoteliers. Whereas a previous Google search for “hotels in West Hollywood” would have populated Google Places listings—among other results—with guests’ comments from TripAdvisor, these customer reviews suddenly disappeared from Places pages.

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Zurich Post Europe's Highest RevPAR in 2010, Prague Struggles

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hotelsmag.com
28/1/2011

The cold weather in the United Kingdom towards the end of the year was not enough to diminish headline performance levels as London achieved a gross operating profit per available room (GOPPAR) of €105.07, according to TRI Hospitality Consulting data.

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The Coming Travel-Website Consolidation

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economist.com
26/1/2011

Rivals can quickly become allies if it makes business sense. Last year AXA Private Equity and Permira competed fiercely in takeover battles of two European travel websites. AXA won the upper hand in the bidding war for Go Voyages, a French travel website, while Permira snapped up eDreams, a Barcelona-based travel website that AXA also coveted. Now the two private-equity firms have joined forces in a takeover bid for Opodo, Europe’s biggest travel website.

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Bank Sales Will Dominate EMEA Hotel Investment Market in 2011

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by Jones Lang LaSalle Hotels

Driven by bank sales, hotel investment volumes are expected to remain stable across EMEA during 2011 with €8.3 billion worth of deals forecast for the year, up 18% per cent on preliminary volumes recorded for 2010 (€7 billion), according to Jones Lang LaSalle Hotels’ latest Hotel Investment Outlook report. Jones Lang LaSalle Hotels anticipates that investment activity will be strongest in highly-leveraged markets such as the UK and Ireland.

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The Next Wave of European Online Travel Growth

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by PhocusWright

The European online travel market is expected to grow 10% in 2011, led by solid double-digit gains in countries that have been slower to adopt online booking channels in the past, according to PhoCusWright’s European Online Travel Overview Sixth Edition.. Despite their dramatically different economic circumstances in the aftermath of the global recession, Spanish and German online travel bookings are projected to top other key European markets with increases of 14% and 13%, respectively, in 2011.

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