“Has TripBam figured out overbooking and should hotels consider it?”
00:03 TripBam article discussion
00:14 Alibaba and Marriott short term venture
00:21 Recended Chinese international investment.
00:28 Influencer marketing on Facebook is getting more expensive
00:31 Minimum wage discussion
00:47 Agencies and new contracts with clients getting modified
A. In August, Marriott International announced a joint venture with Alibaba.
· Press release
What are your take-aways from this move? What should we be watching for? Anything we can learn from it?
B. Agencies are using TRIPBAM actively (so is the travel manager for Boeing, and others). How should this impact how we think about changes in pricing? How is it impacting cancellations?
· For reference review these FAQs targeted at agencies that would use TRIPBAM: http://www.tripbam.com/analytics.aspx
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