Online Travel Buoyed By Positive Q1 Trends: Cowen

By | April 7, 2014

Scalper1 News

The global hotel industry posted solid numbers in Q1, a positive trend for online travel companies such as Priceline Group (PCLN), Expedia (EXPE) and TripAdvisor (TRIP), investment bank Cowen & Co. said in a research note Monday. Cowen analysts Kevin Kopelman and Andrew Marok said hotel-industry revenue per available room, or RevPAR, has been stable or improving across all major regions. RevPAR is a key hotel performance measure. In the U.S., Scalper1 News

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