March 02, 2015

Shaping the future of hotel distribution

An inefficient marketplace encourages people to exploit the inefficiencies. Take hotels, where rising distribution costs and 'must have' meta search advertising exposure is making it increasingly expensive for hoteliers to access the customers they need - although, both hotels and travelers never had so many channels to choose from.

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Priceline names new CEO

Priceline Group tapped company veteran Paul Hennessy to lead its namesake business as its next chief executive, effective April 1. The management changes come as Priceline Group struggles with the strengthening dollar, which it warned earlier this month could hamstring its growth for the year.

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