Good morning from Skift. It’s Thursday, April 18. Here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Thursday, April 18. Here’s what you need to know about the business of travel today.
Hotelbeds, which had planned on an IPO in Spain this summer, has reportedly delayed those ambitions until the tail end of 2024 or early next year.
Airbnb turned heads in 2021 when it announced chairman and CEO Brian Chesky had been awarded a $120 million pay package the previous year that potentially included earning 12 million restricted stock units over the following decade.
It’s been two months since Liberty Tripadvisor announced it was exploring a potential sale of itself and Tripadvisor, which it controls. Tripadvisor, in turn, formed an independent committee to vet any deals.
Sponsored listings on Expedia.com and Hotels.com are a “significant” portion of Expedia Group’s advertising business, and the company is considering ways to launch them for the first time on its vacation rental platform Vrbo, as well.
Sonder disclosed in a financial filing Friday that it received a Nasdaq notice that it is not complying with the stock exchange’s listing rules and faces a potential delisting because the company hasn’t filed its annual 10-K report for 2023.
TravelNet Solutions laid off around 15 employees Thursday, roughly 7.5% of its 200-member workforce, a decision the CEO said was about shifting resources toward engineering and its core property management business.
It wasn’t too long ago that if you booked a flight through an online travel agency, you couldn’t pick your seat assignment in advance.
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Trivago has brought back a key executive from its December 2016 IPO – there are now four leaders from the old guard running the Germany-based hotel metasearch outfit.
Good morning from Skift. It’s Tuesday, April 2. Here’s what you need to know about the business of travel today.
Travel metasearch companies used to be among the hottest things in travel. They enabled consumers to compare hotel or flight prices from multiple vendors at a glance, and many online travel agencies saw the need to acquire one.
CEOs at MakeMyTrip and Yatra Online agree: India holds more than just a country.
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Airbnb will be introducing a new cancellation policy on June 6 for weather-related events and government travel restrictions.
Corporate travel could get complicated: Expedia Group has a big stake in Amex Global Business Travel. Booking.com is partners with CWT. What happens to those relationships if the merger between Amex GBT and CWT goes through? Amex GBT CEO Paul Abbott specifically noted CWT’s ties to Booking.com for Business as an upside to the deal as it tries to reach more small businesses customers.
Good morning from Skift. It’s Tuesday, March 26. Here’s what you need to know about the business of travel today.
Booking.com initiated a program in 2021 to highlight properties that were standouts in their sustainability practices – on Monday, it began removing its badges from listings in response to regulators in the Netherlands.
It’s another setback for short-term rental firm Sonder: The company delayed the release of its fourth-quarter earnings report and said it will have to restate earnings for 2022 and 2023 because of accounting errors.
In one 5-second TikTok from Booking.com, a woman who planned a marriage proposal on an upcoming trip faints when she learns her partner has broken up with her.
Good morning from Skift. It’s Friday, March 8. Here’s what you need to know about the business of travel today.
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