July 28, 2014

Global online hotel bookings and rates experience highest growth in last 12 months

According to the latest Pegasus data, Q2 ended on a high note for both the business and leisure travel segments. Global leisure travel booked online yielded impressive reservation and rate growth during the second quarter, growing by +10.2% and +6.5% in June respectively.

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Groupon eyes last-minute bookings with app

Groupon and other daily coupon sites such as LivingSocial represent a distribution channel that debuted in the wake of the recession. Still, Groupon continues to take a larger chunk of the travel-distribution market. The company's first-quarter gross billings rose 20%, after the site booked almost $700 million in travel last year.

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