Hilton said Monday it’s taking steps to streamline how small- and medium-sized businesses book and manage billings for business travel and small-group meetings and events.
27.09.2023 - 16:13 / skift.com / Dennis Schaal / Glenn Fogel / Selene Brophy
Glenn Fogel, Booking Holdings CEO confirmed Wednesday that Booking.com has extended its contract with eTraveli and would continue to build its fledgling flight business as it is set to appeal the European Commission’s objection to the acquisition.
However, he said the scaled-down strategy would mean going slower and “consumers would end up paying.”
Fogel raised concerns about the blocking of the deal in a discussion with Skift Founding Editor Dennis Schaal at the Skift Global Forum in New York. “I absolutely believe they’re wrong on the facts, wrong on the law, and it’s the wrong policy,” he said.
In the commission’s view, the eTraveli deal would make Booking.com even stronger in hotel sales because an increasing number of flyers would be offered hotel deals when they buy airline tickets. The commission claims the company has more than 60% hotel, online hotel, OTA market share in Europe, with a survey of 15,000 hotels indicating that the hotels were fearful the deal would boost Booking’s ability to raise prices.
Fogel questioned how owning the company would change its ability to raise prices. “We’re currently doing business with eTraveli. We’ll be doing the same business after we own the shares of eTraveli. How does that impact anything? Again, the logic makes no sense at all.”
Considering the impact of a failed appeal and what it meant for future mergers and acquisitions, Fogel said he believed the eTraveli deal had broader implications, claiming “regulators are trying to make a statement and coming up with new laws and new regulations without actually having to have new laws.”
Hilton said Monday it’s taking steps to streamline how small- and medium-sized businesses book and manage billings for business travel and small-group meetings and events.
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Fearing another Expedia-like breakup, Hopper abruptly ended its hotel partnership with Booking Holdings a week ago, Skift has exclusively learned.
You’d think the most successful online travel companies would push customers to book flights (or hotels) as fast as possible. Book the sale before the customer can get distracted or find a better deal.
eTraveli Group was left at the altar last week when the European Commission blocked its acquisition by Booking Holdings on antitrust grounds. Booking is appealing, but eTraveli CEO Mathias Hedlund said the $1.8 billion deal would be “no longer in play.” “We are a bigger fish now than we were at the time,” Hedlund said in an exclusive interview with Skift, referring to when the company signed the merger deal in November 2021. He said eTraveli is 2.4 times larger than before the pandemic.
Turkish Airlines has recently launched a new online booking service specifically benefiting passengers traveling with their pets; an unsurprising move given its headquarters in cat-friendly Istanbul. The global airline—which flies to more countries than any other—will provide passengers the opportunity to book pet carrier services online via the website and mobile app while booking the original passenger ticket.
Pilots at United Airlines have ratified a new contract with up to 40% pay increases.
Two months after Expedia Group abruptly stopped providing Hopper with hotels and vacation rentals, Hopper announced Wednesday that it struck deals with two hotel bedbanks — Hotelbeds and WebBeds — to add more than 700,000 properties to its roster.
JetBlue on Tuesday became the latest airline to agree to status match for Delta Air Lines customers after the carrier changed how passengers can earn status for next year.