There was no mention of the recent personnel shake-up at hotels.com on the earnings call but highlights of Q3 include:
• A 20% increase in room nights year-on-year driven by Expedia and Asia’s eLong while revenue increased 17% put down to the room night growth as well as advertising and media revenue. Domestic room nights increased 12% and international were up 28%.
• Revenue per available room night declined 7% and the company is expecting to see a continued decline because of a shift in the mix in certain markets, especially Asia, as well as discounting and other factors.
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