Thousands of Airbnbs and short-term rentals are about to be wiped off the map in New York City.
25.08.2023 - 13:09 / skift.com / Latin America / Dennis Schaal
One of the most intense competitive areas of competition these days among online travel agencies is in their business-to-business partnerships, and Hopper announced a new alliance with LatAm financial services firm Nubank.
The deal, announced Thursday, marks Nubank’s entry into travel. Hopper will provide Nubank, which claims 80 million customers in Brazil, Mexico and Colombia, with travel inventory as well as price prediction tech, and various price protection products on mobile, the companies said.
Nubank’s travel portal is expected to launch in 2024.
In recent months, Hopper announced a deal to power Uber’s flights and fintech products, and Expedia Group now powers travel at Walmart. Booking Holdings has been active, as well.
Thousands of Airbnbs and short-term rentals are about to be wiped off the map in New York City.
Airbnb and New York City have often had a tough relationship, one marked by lawsuits and other disputes. Airbnb has argued that New York City’s regulations have hurt its ability to do business, which the company believes will become more challenging when the city starts enforcing its host registration law regarding short-term rentals on September 5.
These new partnerships will give members more ways to earn points and perks this fall and beyond.
Indian conglomerate Reliance Industries Limited has joined forces with luxury hotel group Oberoi Hotels and Resorts to co-manage three hospitality projects spread across India and the UK.
The European Commission will propose light-touch rules for Airbnb and other short-term home rental companies, people familiar with the matter said.
Do you remember a few years ago how there was so much talk in online travel about the Booking Holdings–Expedia Group duopoly? How Expedia Group, which owned Expedia, Travelocity, Orbitz and Hotels.com, and Booking, with brands including Booking.com, Kayak, Priceline and Agoda, controlled the hotel market and a whole lot more in travel?
Twelve minutes. That’s all the time it took for the board of directors of Avianca, the second largest airline in Latin America, to set the fate of the carrier and begin a series of sweeping changes to the airline industry in the region.
New Orleans & Company will have a new president and CEO on January 1. Walt Leger III will be replacing Stephen Perry, who has been in the role for 20 years. He wants the destination marketing organization to embrace a more direct-to-consumer strategy and take more risks with emerging technologies.
Travel platform Agoda has been pushing ahead with a series of new fintech partnerships, with its eye on Asia’s corporate travel recovery.
Several big-name hotel companies have entered 2023 with tech partnerships to modernize operations and services.
Hotel real estate investor and management company Highgate signed a deal to acquire Viceroy Hotels & Resorts as Highgate intensifies its quest to add luxury lifestyle hotels to its already ample portfolio.
Good morning from Skift. It’s Wednesday, January 18. Here’s what you need to know about the business of travel today.