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August 22, 2014
08:38 EDTTRIP, EXPE, PCLN, OWWTripAdvisor cut metasearch inventory in half, says FBR Capital
FBR Capital says TripAdvisor has made a "material change" to its metasearch inventory by reducing the number of prices shown per hotel from four to two. FBR believes less inventory could "stimulate" cost per click pricing and may be an attempt to pressure online travel agencies to sign up for Assisted Book. The firm adds that its survey indicated Expedia (EXPE) and Priceline (PCLN) are now taking up a significantly higher percentage of TripAdvisor meta slots, with Orbitz (OWW) declining. FBR has a Market Perform rating on TripAdvisor and Orbitz and Outperform ratings on Expedia and Priceline.
News For TRIP;EXPE;PCLN;OWW From The Last 14 Days
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September 17, 2014
10:22 EDTOWWOrbitz Partner Network launches partnership with RIU Hotels
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September 16, 2014
07:57 EDTEXPEFBN Securities to hold a tour
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September 9, 2014
16:20 EDTOWWLazard Asset Management reports 7.05% passive stake in Orbitz
13:58 EDTPCLNStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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11:53 EDTTRIPStocks with call strike movement; YHOO TRIP
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