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Innovation Ranking
NewInnovation Ranking – Expedia Group Inc
Expedia Group Inc (Expedia Group) is an online travel company. The company provides a wide range of services, which includes booking of hotel rooms, airline seats, car rentals, and destination services through its travel suppliers. The company offer these services under various brands including Expedia.com, Hotels.com, Vrbo, Orbitz, ebookers, CheapTickets, Hotwire, CarRentals .com, Travelocity, Traveldoo, Expedia Partner Solutions, and Wotif Group. Expedia Group serves customers through mobile bookings, alternative distribution channels, private label businesses, and call centers. The company also...
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Company Insights
Expedia Group Inc. – Digital Transformation Strategies
Expedia Digital Transformation Strategies Overview Expedia Group, Inc. (Expedia Group) is implementing innovative technologies to enhance its operations and provide better customer service. AI, cloud, digital payments, and virtual and augmented reality are among the key technologies under focus for the company. The annual ICT spending of Expedia is estimated at $729.6 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, networks, and communications from vendors. Expedia is a US-based online travel company operating...
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Company Insights
Innovation and Patenting activity of Expedia Group Inc Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Expedia Group Inc Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be...
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Sector Analysis
NewCanada Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2024 Update
GlobalData’s Tourism Source Market Insight: Canada report provides a thorough insight into the Canada's domestic and outbound tourism market. The report looks at the profiles of Canadian tourists and summarizes the key reasons that they travel. The report offers an in-depth analysis of traveler flows, spending patterns, main destination markets and current and future opportunities for tourism businesses seeking to tap into the Canadian outbound travel market.
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Case Studies
NewOTAs’ Influence on the Travel Industry – Case Study
OTAs’ in the Travel Industry Report Overview The OTA market value was $764.69 million in 2023. The proliferation of the internet and the increasing demand for personalized travel experiences will drive the market to grow at a CAGR of more than 12% from 2023 to 2027. The United States is the largest revenue contributor, accounting for over 46% of the global OTA market in 2023. The tourism sector in the US is on an upward trajectory owing to the rising...
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Product Insights
NewUnited Kingdom (UK) Travel Insurance Distribution Dynamics by Channels and Future Market, 2023 Update
United Kingdom (UK) Travel Insurance Market Report Overview The UK travel insurance market research report offers insights into consumer purchasing decisions within the travel insurance scenario and discusses their influence on the market over the next few years. In 2023, more than 24% of travel insurance purchases were via PCWs, which suggests that consumers want more details from their providers about their coverage levels, policy options, and premium pricing. Additionally, single-trip policies maintained their popularity during the year Leading Distribution...
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Thematic Analysis
Niche Tourism – Thematic Intelligence
Niche Tourism Report Overview Many companies looking to differentiate their brand from others are focusing on niche tourism. Many large conglomerates such as Expedia, TUI, and Booking Holdings have globalized the niche tourism industry through mergers and acquisitions and brand extensions. Social media has played an important role in the development of niche tourism and the rise in investment in this theme. Instagram has been directly responsible for an increase in tourists to certain beautiful areas as many people visit...
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Thematic Analysis
NewOnline Travel – Thematic Intelligence
Online Travel Thematic Report Overview Increased digitization, greater mobile phone usage, and the proliferation of the internet are the key factors driving the rapid and healthy growth of the online travel market. The online travel industry has been prioritizing personalization as loyalty to a particular brand is being replaced by a traveler's loyalty to their preferences. In addition, social media has become a strategic channel for marketing and customer service. The online travel thematic intelligence report gives you an in-depth...
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Thematic Analysis
Low Cost Evolution Travel and Tourism – Thematic Intelligence
Low-Cost Evolution Travel and Tourism Thematic Report Overview Travel companies are targeting a wider range of customers as airfares and hotel tariffs have become affordable in recent years. The travel industry now encompasses every type of traveler, and this has resulted in the rising popularity of low-cost travel and tourism operators. Travel apps such as Airbnb and Uber have been at the forefront of the low-cost evolution. These apps shape travelers’ spending habits by sending push notifications regarding last-minute deals...
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Thematic Analysis
Customer Loyalty in Retail and Apparel – Thematic Intelligence
Customer Loyalty in Retail and Apparel Thematic Overview In retail, customer loyalty is an important parameter for any retailer’s success in today’s competitive landscape. However, it is challenging to retain customer loyalty as there is a plethora of retailers to choose from. In addition, the prevalence of online shopping allows consumers to easily compare retailers’ propositions and pick the most suitable product based on factors such as price, product, or experience. It is more expensive for retailers to acquire new...