Adam Anderson, Director of Industry Relations, Expedia

1) More international travelers—There were 67 million international travelers to the US in '12, and that'll increase to 85 million by 2018, Adam says. (Thank more countries getting hooked up to high-speed Internet and a growing middle class.) Expedia is broadening its global reach (more than 150 sites in over 70 different countries in 36 languages) and spending $2B in global sales and marketing.

2) More mobility—Mobile bookings are estimated to increase to 18% this year, growing threefold in only two years. It’s important for the industry to optimize its websites and apps to be scalable for different tech, Adam says.

3) A bigger focus on meta channels—More travelers will be shopping on meta channels like Kayak, scouring the web for the best deals. Prices will drive hotels' ranks and results on these channels, but it's also important for hoteliers to work with a partner that has the expertise to optimize the efficacy of the channel.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Brookfield Veteran Departs To Become Pretium's Global Real Estate Lead

Lenders Accuse Nord Group Entities Of Pocketing Rents, Faking Insurance As Multifamily Empire Crumbles

Willy Walker On The Risks And Sacrifices Behind Walker & Dunlop's Growth

Howard Hughes Texas President Jim Carman To Step Down

Apartment Rent Declines Slowing, Demand Rising As Renter Pool Expands

Prologis Warns Higher Borrowing Costs Will Slow Industrial Deals, Development

After Rig Collapse, Citadel HQ Project Resumes With Safety Protocol Update

Swedish Real Estate Giant To Buy Stockbridge For Up To $550M

Space Race: How The Private Sector's Orbital Aspirations Are Driving CRE On Earth

Regulators Reject Proposed Rules For Data Centers On Nation's Largest Grid

Brookdale Senior Living To Buy 30 Communities It Operates From Welltower For $290M

Brookfield-Backed Castlelake Dives Into CRE CLO Market With $1.1B Deal