Expedia, Travelocity consolidation a sign of lagging OTA growth

08/27/2013 | HotelNewsNow.com

Travelocity's announcement of its consolidation of business operations with Expedia is the latest indication that the growth of the online travel agency market is slowing down, Jason Q. Freed writes. In addition, OTAs face increasingly stiff competition from metasearch websites and traditional travel agencies, forcing them to increase spending to retain their market share.

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