.
|
|
|
.> Brand Websites Increase Volume of Reservations Over 33 Percent; GDS Continues Steady Source of Bookings at Almost 35 Percent of All Channels |
| CHICAGO (April 3, 2006) � TravelCLICK today released its 2005 full-year
eTRAK results, which indicate that Internet reservations received at the
central reservation offices (CROs) of major hotel brands grew 26.8 percent
in 2005 compared to the previous year.
In 2005, brand websites grew again and gained share compared to third-party merchant and opaque websites. According to eTRAK, brand websites were the source of 75.2 percent of the brands� centrally booked Internet reservations, compared to 71.4 percent in 2004. Reservations booked through brand websites climbed 33.4 percent over the 2004 level. Bookings through merchant websites, such as Expedia, Orbitz, and Travelocity channels, grew by 34 percent over 2004. Opaque websites, such as Priceline and Hotwire, decreased by 10.2 percent. eTRAK is a quarterly benchmarking report that allows hotel chains to track booking trends on the Internet and GDS. The full-year 2005 eTRAK report highlights both the growth of electronic hotel bookings on the Internet and the continuing importance of GDS e-commerce for 30 major hotel brands and chains. eTRAK shows that 34.6 percent of CRO reservations came through GDS channels, while Internet sites contributed 35.2 percent of CRO reservations in 2005. In total, 61,248,204 bookings were made last year for these brands through the GDS and the Internet -- 30,410,234 GDS bookings and 30,837,970 Internet bookings. The 30 major brands also reported that, on average, 26.6 percent of their CRO reservations were received from their brand website (marriott.com, hilton.com, etc.) while slightly less than one-third, or 30.2 percent, of CRO reservations were made by phone. �The market is giving a clear indication that hotels are regaining control
of their distribution channels,� commented Robert Post, President and CEO
of TravelCLICK. �While hotels recognize the key role of the GDS and
third-party online agencies, they will continue to look for ways to drive
business through their proprietary channels. But due to its highly
effective target marketing, we expect the GDS to maintain its 30+ percent
share of bookings over the next two years, while voice reservations continue
to decline because of the increasing preference of consumers to book electronically.�
Combined, Expedia and Hotels.com had a 59.5 percent market share of merchant bookings received at the CRO of the major hotel brands. Travelocity and Orbitz had market shares of 21.8 percent and 10.1 percent, respectively. Priceline�s share of opaque bookings at the 30 major hotel brands was
74.5 percent in 2005, while Hotwire�s growth of 17.8 percent year-over-year
secured a 25.5 percent share.
.
Results from this study may differ from overall hospitality industry trends on the Internet and GDS because eTRAK reflects only the performance of 30 major brands. The conclusions, however, are directional for the industry as a whole. About TravelCLICK
|
| Contact:
TravelCLICK
|
.