Good article from Reuters here talking to Expedia CEO Dara Khosrowshahi about the prospects the current economic climate presents to the online travel agent.
It's yet to show whether it will bite in the UK. Apparently more people than ever have booked their holidays in January (here and here from Travel Weekly). They believe 16% of people who plan to travel this year will have already booked in January. The fear among travel companies must be that if the economic conditions really bite we may not see all the rest of the 84% book as their plans may change as they reign in spending.
Time for some innovative marketing and aggressive pricing policies to make as much of the profits as you can before anything worsens perhaps?
Friday, February 15, 2008
Expedia sees economic worries around the corner
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1 comments:
People are also realizing that EXPEDIA cannot be trusted. Source: http://www.expedianews.com
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