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Expedia Earnings Beat Expectations

Higher bookings on Expedia.com boosted profits in the fourth quarter of 2013 for the online travel company and beat out analyst’s expectations, according to this article from Bloomberg. The OTA recorded its biggest gain since October, closing out the year ...

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Room for Change

Room for Change

Deepesh Kholwadwala, CEO of Sun Capital Hospitality Management in Albuquerque, speaks for many hotel owners when he says online travel agencies (OTAs) place a high cost burden on hotels. “The online travel agency business is a smart model, but a ...

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