The Giants have nine OTAs scheduled and it's uncertain whether Cruz will attend any.
The online travel services is a highly competitive niche segment with stiff competition among OTAs.
If this leads to reduced number of hotel bookings, this will hurt commission revenues for OTAs.
FORBES: How A Rebound In Travel Could Hurt Expedia & Priceline
Also online travel agencies attract traffic due to deep discounts users expect to find on the OTAs.
FORBES: How A Rebound In Travel Could Hurt Expedia & Priceline
Research by PhocusWright estimated OTAs grew around 13% in 2012 as compared to an 8% increase in supplier websites.
As the US travel market nears saturation, most OTAs are focusing on leveraging the growing demand from international markets.
"A stronger online Thomas Cook will be a counterweight to the online travel agents (OTAs) such as Expedia and Hotels.com, " he said.
We continue to like OTAs and remain long on EXPE because we believe that first two issues are contingent to many other developments.
For the past 29 weeks travel trends continue to improve and with increasing occupancy and ADRs, OTAs are seeing better revenue margin realization.
This could further put a downward pressure on hotel revenue margins, which we estimate to decline on account of rising competition among various OTAs.
The company aims to offer travel suppliers and online travel agencies (OTAs) an efficient channel to sell their products and services to potential users.
Maybe the OTAs (Organized Training Activities) should be banned for veteran players as part of the new CBA, which will go into effect in 2011.
As growth in the US online travel market slows down, online travel agencies (OTAs) are turning towards growth opportunities in other promising markets such as Europe and Asia-Pacific.
Kayak primarily has two revenue streams: (i) revenues from referrals to travel suppliers and OTAs, and (ii) ad revenues from advertising placements on its websites and mobile applications.
FORBES: Kayak Shows Rapid User Growth But Google Remains A Threat
Since the hotel chains can sell more hotel stays themselves and rely less on OTAs to fill up spare inventory, fewer hotel nights are available for bookings through online travel agencies.
FORBES: How A Rebound In Travel Could Hurt Expedia & Priceline
With a lower online penetration (compared to US), a fragmented hotel market and low OTA penetration in Eastern Europe, we believe that the European online travel market offers considerable growth opportunities for OTAs.
Start by clicking over to Travelocity.com, Orbitz.com, Hotwire.com or Cheaptickets.com (all of which are online travel agencies, or OTAs in industry parlance), and check the "flexible dates" button or link.
Airlines have already been attempting to reduce the distribution costs by bypassing the Global Distribution System and encouraging the OTAs to connect directly to their servers and by selling air tickets themselves on their websites.
FORBES: Internet Sales Tax Could Pull Down Priceline And Expedia
Alaska is also making efforts to tap the mobile channel to attract travelers to directly book through Alaska Airlines rather than on OTA websites (See Alaska Airlines Targets Smartphone Users, Cuts Out OTAs with Mobile App).
FORBES: Alaska Airlines Gets Social With Facebook, Stock Looks Friendly
Kayak is a travel search company which aims to offer travel suppliers and OTAs, such as Expedia and Priceline, an efficient channel to sell their flights, hotels, rental cars and other services to potential customers.
FORBES: Kayak Shows Rapid User Growth But Google Remains A Threat
Also worth noting: Ju points out that Priceline has a higher percentage of its gross bookings and profits from hotels than other OTAs, which makes the company less subject to supply restrictions from rental car companies and airlines.
FORBES: Priceline Jumps; Credit Suisse Launches At Outperform
This not only helps airlines offer consumers a more comprehensive travel package including air travel and accommodation options at the destination but also helps OTAs sell more hotel bookings on which they stand to make handsome commissions often in excess of 20%.
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