http://www.phocuswright.com/press_releases Thu, 29 Sep 2011 00:00:00 +0000 PhoCusWright Press Releases http://legacy.phocuswright.com/library/pressrelease/1721 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com The PhoCusWright Conference Features Three Summits to Complement Center Stage Program Distinguished executive roster extends far beyond high-profile keynote speakers Sherman, CT USA, September 29, 2011 – Travel industry research authority PhoCusWright Inc. will host three unique industry summits during The PhoCusWright Conference November 15 – 17, 2011 in Hollywood, FL USA (Ft. Lauderdale/Miami). The Travel Association Summit, Travel Innovation Summit and Young Leaders Summit all uniquely advance the global travel, tourism and hospitality industry. The Travel Association Summit, cohosted by the World Travel & Tourism Council, convenes the heads of travel associations representing a range of sectors, geographies and objectives to collaborate on shared goals. The Travel Innovation Summit showcases the next generation of applied travel technology as innovators demonstrate game-changing travel applications and solutions live. The Young Leaders Summit promotes executive management development among rising stars in... Thu, 29 Sep 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1721 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1713 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com WTTC to Cohost Inaugural Travel Association Summit at The PhoCusWright Conference Sherman, CT USA, September 15, 2011—PhoCusWright, the travel industry research authority and the World Travel & Tourism Council (WTTC), the authority on world travel and tourism, will cohost the inaugural Travel Association Summit@The PhoCusWright Conference, November 15 – 17, 2011 in Hollywood, FL USA (Ft. Lauderdale/Miami). The PhoCusWright Conference annually attracts over 1,200 senior executives from 30+ countries to debate, discuss and define the future of travel. Associations representing a diverse range of sectors, geographies and objectives will collaborate to meet common goals and collectively advance the global travel, tourism and hospitality industry. PhoCusWright's partnership with WTTC amplifies the event's impact, forging lasting relationships among associations that will continue to yield dividends long after the gathering. "As the world's largest industry continues to evolve, travel industry trade associations... Thu, 15 Sep 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1713 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1704 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com Travel Website Visitor Traffic in China: We Ain't Seen Nothing Yet New PhoCusWright report examines traffic volume and visitor behavior across key online travel categories in China Sherman, CT USA, August 25, 2011 – China's travel market – the second largest in APAC – is also among the fastest growing in the region; however, online penetration remains relatively low. A new report from travel industry research authority PhoCusWright finds that the travel category attracts just 14% of China's Internet users. Created in partnership with global digital intelligence provider comScore, PhoCusWright's China Online Travel Traffic Report reveals that traffic to both online travel agencies as well as metasearch and other non-transactional categories are driving strong growth in the country's online travel market. "China is home to the largest Internet population and the second largest travel market in APAC, yet it... Thu, 25 Aug 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1704 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1680 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com Referrals and Conversions to Travel Websites from Facebook Soar New PhoCusWright report examines the growing impact and implications of social media for online travel Sherman, CT USA, July 14, 2011—Facebook may be a general social networking site, but its influence on travel planning and even purchasing appears to be on the rise. A new report by travel industry research authority PhoCusWright reveals that not only is the social networking behemoth delivering more direct referrals to travel websites, but the rate at which those referrals become purchasers is outpacing some travel planning websites. Created in partnership with Circos Brand Karma, Compete and Travelport, PhoCusWright's Social Media in Travel 2011: Traffic, Activity and Sentiment finds that average monthly unique visitors to social travel category websites – travel review sites, traveler review pages of online travel agencies and travel blogs – grew... Thu, 14 Jul 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1680 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1678 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com PhoCusWright Announces Partnership with TravelDaily in China Sherman, CT USA, July 12, 2011—PhoCusWright, the travel industry research authority, announces a partnership with TravelDaily, China's leading travel and tourism online publisher and event organizer, for the 2011 PhoCusWright Conference, November 15 – 17 in Hollywood, Florida United States (between Ft. Lauderdale and Miami). As an official media partner of The PhoCusWright Conference, TravelDaily will strengthen awareness of this illustrious event in China and gain access to a collection of travel, tourism, and hospitality executives not found anywhere else. "We are pleased to bring this Chinese delegation to participate in The PhoCusWright Conference and visit the world-class OTAs onsite prior to the conference," said Charlie Li, founder of TravelDaily. "The communications between the business leaders from the two largest economies in the world will foster the understanding and cooperation of the... Tue, 12 Jul 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1678 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1673 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com PhoCusWright Releases Key U.S. Traveler Insights PhoCusWright's Consumer Travel Report Third Edition and upcoming Webinar explore U.S. traveler behavior, attitudes and preferences Sherman, CT USA, July 7, 2011—As the second half of 2011 gets underway, U.S. travelers may finally be getting their groove back, according to a new report from travel industry authority PhoCusWright. After a tepid return to leisure travel in 2010, many consumers are eager to bid farewell to financial worries and get away for a well-deserved vacation. With traveler intentions predicting an uptick in both leisure trips and travel spend, 2011 should be yielding better results for travel companies across the spectrum. According to PhoCusWright's U.S. Consumer Travel Report Third Edition, 63% of U.S. adults with Internet access took a paid leisure trip in 2010, representing only a slight improvement over the prior year (61%). Yet... Thu, 07 Jul 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1673 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1664 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com Traffic to Travel Websites in Australia Surges More than 30% in 2010 New PhoCusWright report on Australia analyzes traffic to key online travel categories Sherman, CT USA, June 16, 2011—Australia's Internet user population may be dwarfed by that of regional neighbors China, Japan and India, but the continent is nonetheless one of Asia Pacific's most mature and dynamic online travel markets. A new report from travel industry research authority PhoCusWright, created in partnership with global digital intelligence provider comScore, finds that travel is one of the country's most popular Internet categories, and is growing fast. PhoCusWright's Australian Online Travel Traffic Report reveals that traffic to travel websites increased more than 30% year over year in 2010, compared to just 3% for all Internet traffic. "Online travel is a mature Internet category in Australia, but it is also growing much... Thu, 16 Jun 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1664 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1655 Northstar Travel Media Acquires PhoCusWright VIEW THE PRESS RELEASE FROM NORTHSTAR TRAVEL MEDIA HERE. Thu, 09 Jun 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1655 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1649 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com PhoCusWright and DEMO Collaborate to Create Unique Award Promoting Travel Innovation The DEMO Award will honor an outstanding innovator at PhoCusWright’s 2011 Travel Innovation Summit Sherman, CT USA, May 26, 2011—PhoCusWright Inc., the travel industry research authority, and DEMO, the world-renowned launchpad for emerging technology, have joined forces to identify and reward technology-driven innovation in the travel, tourism and hospitality industry. The companies have partnered to create The DEMO Award for Travel Innovation, designed to recognize and promote an exceptional demonstrator at The Travel Innovation Summit@The PhoCusWright Conference (November 15, 2011 in Ft. Lauderdale/Miami, Florida USA). The Travel Innovation Summit is the preeminent event showcasing the next generation of applied travel technology to an influential audience of executives, investors and media. Carefully screened innovators from around the world demonstrate the applications and solutions that will advance travel planning, purchasing... Thu, 26 May 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1649 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1625 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com Asia Pacific Surpasses the U.S. to Become Second Largest Regional Travel Market PhoCusWright launches Asia Pacific (APAC) Research Subscription with a new study that maps the APAC online travel opportunity, analyzing the complex growth dynamics of the region’s diverse markets. Sherman, CT USA, May 9, 2011—The Asia Pacific (APAC) travel market surged 17% in 2010, surpassing the U.S. to become the second largest regional travel market worldwide, according to a new report by travel industry research authority PhoCusWright. Fueled by a recovering economic climate and strong growth in key emerging markets, APAC grew faster than all other regions to reach US$255.8 billion in 2010. PhoCusWright's Asia Pacific Online Travel Overview Fourth Edition reveals a diverse APAC travel market poised for significant online growth. The region quickly rebounded following a resilient response to the global economic slowdown. While the European... Mon, 09 May 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1625 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1611 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com Local OTAs Rule India's Growing Online Travel Market Sherman, CT USA, April 28, 2011—The global online travel agencies (OTAs) may be the biggest names in online travel, but Indian travelers clearly prefer the flavor of OTAs grown closer to home. A recent report by travel industry research authority PhoCusWright revealed the dominance of India’s homegrown OTAs, particularly among air and hotel shoppers. PhoCusWright's Indian Online Travel Traffic Report, created in partnership with global digital intelligence provider comScore, tracks the growth of India's online travel population. More than 40% of Internet users visited the online travel category in 4Q10, representing a 45% increase in unique visitors year over year. By comparison, the total Internet audience grew only 13% over the same period. OTAs are playing a major role in driving online travel growth. Traffic to OTAs grew faster than that... Thu, 28 Apr 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1611 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1609 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com TRAVEL UNLEASHED: ANY, EVERY, ALWAYS PhoCusWright announces 2011 theme for The PhoCusWright Conference. Sherman, CT USA, April 26, 2011—PhoCusWright, the travel industry authority on the dynamics that influence how travelers, suppliers and intermediaries connect, today revealed the theme for its signature event, The PhoCusWright Conference. "Travel Unleashed: Any, Every, Always" heralds the exceptional forces liberating the travel, tourism and hospitality marketplace. As in previous years, the theme is a barometer of the unique pressures disrupting the world's largest industry, and challenges companies to leverage powerful new catalysts. At its core, "Travel Unleashed: Any, Every, Always" describes an industry in which constant change is the norm with unrelenting activity – all the time, everywhere, and from all quarters. Empowered, hyper-connected consumers are engaging with information and organizations in entirely new ways. Simultaneously, rapid advances in technology and renewed vigor in... Tue, 26 Apr 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1609 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1603 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com One Third of World's Travel Sales to be Booked Online by 2012* A New PhoCusWright Report Tracks Online Travel Penetration Growth Dynamics in Four Regions Sherman, CT USA, April 21, 2011—By the end of 2012, travelers will book one third of the world’s travel sales online, according to a new report from travel industry research authority PhoCusWright. Online leisure/unmanaged business travel bookings will grow twice as fast as the total market, to surpass US$313 billion by 2012. PhoCusWright's Global Online Travel Overview Second Edition compares four major regions – Europe, U.S., Asia Pacific and Latin America – revealing a global travel industry still recovering from the 2009 recession, which triggered a 13% decline in global sales. PhoCusWright projects that global travel bookings will increase 6% in both 2011 and 2012, at which time the market will recover from 2009... Thu, 21 Apr 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1603 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1594 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com PhoCusWright Announces Winner of Travel Industry Young Leadership Award PhoCusWright awards Class of 35 winner Evan Konwiser of FlightCaster US$10,000 in conference or research credit for his company Sherman, CT USA, April 11 2011—Travel industry research authority PhoCusWright Inc. has announced the winner of its Travel Industry Young Leadership Award. Evan Konwiser, co-founder of FlightCaster and an inaugural member of PhoCusWright's Class of 35, won a $10,000 PhoCusWright conference or research credit for his company. "The quality of leadership separates winners from losers," commented PhoCusWright president and CEO Philip Wolf, "and the Travel Industry Young Leadership Award is a catalyst for cultivating young executive talent in the world's largest industry." PhoCusWright annually selects up to 35 elite young leaders in the travel, tourism and hospitality industries to be part of its Class of 35, a year-long executive development program... Mon, 11 Apr 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1594 PhoCusWright http://legacy.phocuswright.com/library/pressrelease/1595 FOR IMMEDIATE RELEASE Contact: Cathy Schetzina +1 860 350-4084 x380 cschetzina@phocuswright.com OTA Gross Bookings in Latin America Will More Than Double by 2012 PhoCusWright report uncovers key dynamics driving growth in Latin America's diverse online travel marketplace Sherman, CT USA, April 7, 2011—A new report from PhoCusWright reveals that, despite the global economic slowdown, the Latin American online travel marketplace is bursting with potential, and is poised for strong double-digit growth for the next several years. The travel research authority indicates that online travel agencies (OTAs) – well-established local/regional players, and global brands that have recently arrived in the region – are expected to double their gross bookings to approximately US$5 billion in the next two years. PhoCusWright's Latin America Online Travel Overview explores the characteristics and key dynamics that drive this diverse market, including recent efforts by global OTAs to carve a niche for themselves in the region. "Until... Thu, 07 Apr 2011 00:00:00 +0000 http://legacy.phocuswright.com/library/pressrelease/1595 PhoCusWright