By 2018, the online travel agency industry had consolidated around two leaders:Expedia and Priceline. These two market leaders competed with numerous smaller online travel agents (e.g., TripAdvisor, Travelzoo, Skyscanner, Ctrip), with traditional travel agencies and with direct online sales by airlines, hotel chains, and car rental companies. Amazon and Google were both potential entrants to the market. The online travel agents are dependent upon computerized airline reservation systems. Use Porter’s five forces framework to predict the likely profitability of the online travel agency industry over the next ten years
By 2018, the online travel agency industry had consolidated around two leaders:Expedia and Priceline. These two market leaders competed with numerous smaller online travel agents (e.g., TripAdvisor, Travelzoo, Skyscanner, Ctrip), with traditional travel agencies and with direct online sales by airlines, hotel chains, and car rental companies. Amazon and Google were both potential entrants to the market. The online travel agents are dependent upon computerized airline reservation systems. Use Porter’s five forces framework to predict the likely profitability of the online travel agency industry over the next ten years
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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By 2018, the online travel agency industry had consolidated around two leaders:Expedia and Priceline. These two market leaders competed with numerous smaller online travel agents (e.g., TripAdvisor, Travelzoo, Skyscanner, Ctrip), with traditional travel agencies and with direct online sales by airlines, hotel chains, and car rental companies. Amazon and Google were both potential entrants to the market. The online travel agents are dependent upon computerized airline reservation systems. Use Porter’s five forces framework to predict the likely profitability of the online travel agency industry over the next ten years.
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