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Kayak IPO may be nixed by Facebook

Rumours have grown over the past week that Kayak will move forward with its plans for an IPO, in the wake of Facebook’s flotation.

As Facebook’s share price continues to tumble and Kayak faces increased competition from Google, the window of opportunity for a public listing is rapidly closing, unless the group can prove its worth to potential investors.

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Accor, digital communicator

Accor has continued to develop its digital strategy, using a website to communicate its overhaul of the Ibis brand to consumers and reorganising its divisions to monitor distribution.

The reorganisation will allow Accor to more precisely define key performance indicators and better analyse the business. The moves are the latest in the group’s plan to focus on distribution as it...

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HTNG updates interface standards

Trade association Hotel Technology Next Generation has released a new set of standards which it says will enhance the sharing of customer profile data across hotel systems.

HTNG said that IT organisations and vendors would now be able to focus their resources on capabilities that drove competitive advantage, rather than on basic functionality.

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Wholesale market to grow

Accommodation wholesalers are set to grow, according to comments from TUI Travel CEO Peter Long last week.
Long said that the company’s Hotelbeds division would see the greatest future demand coming from Asia Pacific and Americas. There are also concerns amongst bed banks that the new Flight-Plus Atol regulations would put agents in a stronger bargaining position due to the cost...

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