After finishing up a strong third quarter, Booking Holdings upped its outlook for the full year, pointing to strength in room nights, alternative accommodations, flights, AI, Europe and Asia.
After finishing up a strong third quarter, Booking Holdings upped its outlook for the full year, pointing to strength in room nights, alternative accommodations, flights, AI, Europe and Asia.
Booking Holdings announced Friday that it will make a variety of “organizational changes,” including layoffs.
Booking Holdings has a lot of AI experiments in the works.
Much has been written about whether major travel companies have recovered in revenue since the pandemic, but what about their employee rosters?
Anyone remember that blockbuster year in online travel, namely 2015, when Expedia acquired HomeAway (Vrbo), Travelocity and Orbitz Worldwide for nearly $5.7 billion?
Priceline is the first travel company to say that it’s integrating its AI chatbot with the latest voice tech from OpenAI.
Booking Holdings’ short-term rental business has been growing faster than Airbnb’s, and the company’s CEO plans to keep that momentum going.
Where is the growth and momentum going to come from in online travel over the next few years as the law of large numbers and increased competition take hold? Is the thrill gone?
Airbnb gets “so much appreciation” for its “growth and growth outlook” while Booking Holdings is actually “growing much faster” in its alternative accommodations business.
Booking Holdings is now the largest travel business and one of the most profitable, and current CEO Glenn Fogel played a key role in putting all the pieces together starting two decades ago.
Good morning from Skift. It’s Friday, August 16, 2024, and here’s what you need to know about the business of travel today.
Executives of top travel companies continue to emphasize that AI will transform the industry — even if it’s taking longer than expected.
A year ago, in the second quarter of 2023, Airbnb could boast 18% revenue growth. Its gross booking value climbed 13%, and room nights and experiences jumped 11%.
There has been a resurgence in the use of travel agents since the pandemic – and even before – especially for luxury trips.
Booking Holdings CEO Glenn Fogel said he’s disappointed that the company’s U.S. short-term rental portfolio doesn’t “have near the number or the type of home accommodations in the U.S. to be fully competitive.”
In 2014, Booking Holdings — then called the Priceline Group — warned analysts that the 29% room night growth it achieved in the second quarter that year would decelerate over time.
The demand for alternative accommodations in India is at an early stage but continues to grow.
When an online travel company has a fast-growing business unit, it usually doesn’t take much prodding to get officials to tout it. But that’s not the case with Booking Holdings and its nine-year old business unit, Booking.com for Business.
From its early days, Agoda has today evolved into a major player in the online travel space in Asia. Today, the online travel company is known for its advanced tech and three people have been an integral part of that journey: CEO Omri Morgenshtern, Chief Technology Officer Idan Zalzberg and Chief Product Officer Ittai Chorev.
Kayak has found multiple ways to use generative AI, and it’s not always how one may expect.
Many of the travel booking platforms that experimented with generative AI tools early are now releasing second or third versions of that tech.
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