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Sonder Delays 2023 Earnings Report - skift.com
skift.com
17.03.2024

Sonder Delays 2023 Earnings Report

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.

Hotelbeds Delays IPO Until the End of 2024 at the Earliest: Reports - skift.com - Spain - India
skift.com
17.04.2024

Hotelbeds Delays IPO Until the End of 2024 at the Earliest: Reports

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.

Viator Chief to Resign: Change at Tripadvisor's Experiences Brand - skift.com - Iceland - city New York
skift.com
09.04.2024

Viator Chief to Resign: Change at Tripadvisor's Experiences Brand

Ben Drew, president of Tripadvisor’s travel experiences brand Viator for the past four years, announced on Tuesday that he would leave the company on April 12 for “a new opportunity in a new industry.”

HomeToGo Partners With Outdoor Adventure Planning App Komoot - skift.com - Germany
skift.com
03.04.2024

HomeToGo Partners With Outdoor Adventure Planning App Komoot

German vacation rental platform HomeToGo has partnered with Komoot, a route planning and navigation app for outdoor activities such as hiking, cycling, mountain biking, and running.

Booking and Expedia: After Easy Money, What Comes Next? - skift.com
skift.com
22.03.2024

Booking and Expedia: After Easy Money, What Comes Next?

The period after the Great Financial Crisis in 2008-2009 until 2019 was a golden decade for online travel agencies. Booking and Expedia benefitted from the shift to online bookings, a consolidation of the online distribution landscape, and share gains from hotels. They become the most powerful duopoly in online travel. 

Tripadvisor In Play: Forms Committee to Consider Sale - skift.com - county Liberty
skift.com
13.02.2024

Tripadvisor In Play: Forms Committee to Consider Sale

Tripadvisor said Monday it was reviewing a potential sale of the company to Liberty Tripadvisor, which has long held a controlling stake in the travel reviews site.

Skift's Top 12 Travel Research Reports of 2023 - skift.com
skift.com
27.12.2023

Skift's Top 12 Travel Research Reports of 2023

Skift Research produces a wide range of reports, surveys, and data tools – we published more than 50 reports in 2023, a record for us.

Hotels to Pay Middlemen $75 Billion in 2023: Skift Research - skift.com - New York
skift.com
14.10.2023

Hotels to Pay Middlemen $75 Billion in 2023: Skift Research

How much will hotel companies pay OTAs (online travel agencies) and similar third-party distributors this year? That was the thought-provoking question raised on Thursday by Max Starkov in a LinkedIn post.

Vacasa Announces Reverse Stock Split - skift.com - Announces
skift.com
08.09.2023

Vacasa Announces Reverse Stock Split

Property manager Vacasa announced its intent to conduct a one-for-20 reverse stock split that’s geared to get its share price higher than $1 per share and therefore to be continued to trade on Nasdaq.

Oyo India CEO and Europe Head Quit to Start Own Ventures - skift.com - China - India - Uae
skift.com
06.09.2023

Oyo India CEO and Europe Head Quit to Start Own Ventures

Ankit Gupta, the India CEO of hospitality technology platform Oyo, and Mandar Vaidya, the head of Oyo’s European operations, will both be moving on from the company.

GetYourGuide Originals Tours label on hold - skift.com
skift.com
25.08.2023

GetYourGuide Originals Tours label on hold

Improved customer experience was the driving hypothesis behind Originals, GetYourGuide’s private label offering. Reports that it is ending raise the question of why.

Fast-Growing Food Tours Operator Hungry for More Acquisitions - skift.com - city European - Britain - city Seattle - county Miami - city Havana
skift.com
25.08.2023

Fast-Growing Food Tours Operator Hungry for More Acquisitions

Secret Food Tours, a global food tours company located in over 60 cities, is hedging its expansion and growth through niche acquisitions and partnerships.

Day Tours Operator Context Adds Pre-Trip Virtual Learning - skift.com
skift.com
25.08.2023

Day Tours Operator Context Adds Pre-Trip Virtual Learning

Online travel platforms that pay close attention to the unique curation of their tours and activities will own the longtail game of discovery.

Travelzoo Moves To Fund Metaverse Experiences - skift.com
skift.com
25.08.2023

Travelzoo Moves To Fund Metaverse Experiences

Travelzoo, a hotel and package deal publisher, said in a financial filing on Tuesday that it would ask its stockholders to approve making a metaverse experiences scouting business a wholly owned subsidiary of Travelzoo. The business, Metaverse Travel Experiences (MTE), is currently wholly owned by Azzurro Capital.

Chinese Travel Searches Spike 10X on Loosening of Covid Rules - skift.com - Japan - China - Hong Kong - city Hong Kong - Macau - South Korea - Thailand
skift.com
25.08.2023

Chinese Travel Searches Spike 10X on Loosening of Covid Rules

Chinese people, cut off from the rest of the world for three years by stringent COVID-19 curbs, flocked to travel sites on Tuesday ahead of borders reopening next month, even as rising infections strained the health system and roiled the economy.

Travel Agents and Tour Operators Have Generative AI Opportunity - skift.com - San Francisco
skift.com
25.08.2023

Travel Agents and Tour Operators Have Generative AI Opportunity

The potential of generative artificial intelligence (AI) to produce personalized travel recommendations and itineraries, as well as on-point content for travel companies, is setting the travel sector abuzz. 

Kayak CEO Steve Hafner Predicts China to Fully Reopen After Travel Search Surge - skift.com - China - city Beijing
skift.com
25.08.2023

Kayak CEO Steve Hafner Predicts China to Fully Reopen After Travel Search Surge

Travel website KAYAK, owned by Booking Holdings Inc, said domestic searches for hotels within China surged last week, after the country loosened its COVID-19-related restrictions.

Big Banks Chase a Much Bigger Piece of the Travel Market - skift.com - county Chase
skift.com
25.08.2023

Big Banks Chase a Much Bigger Piece of the Travel Market

Big banks are making a bold statement in travel and will increasingly become the first place — at the top of the proverbial trip-planning funnel — where customers look to book their trips.

The Empire State Building and Tech's Potential in Tours & Activities - skift.com - New York - China
skift.com
25.08.2023

The Empire State Building and Tech's Potential in Tours & Activities

Tour operators need to catch up in digitizing their systems to improve booking efficiency, brand reach and the overall quality of their experience. In a nutshell, the traditional way consumers find and book an attraction or activity needs to be more convenient. 

G Adventures announces Restructure With New Holding Company - skift.com - Usa - Announces
skift.com
25.08.2023

G Adventures announces Restructure With New Holding Company

G Adventures, the small group tour operator, is restructuring as G Travel Community (GTC). The holding company sets the scene to bring its existing brands into one stable but with expanded space for new brand acquisitions.

Oyo Claimed to Have Outpaced U.S. Budget Hotel Recovery - skift.com - county Miami - city San Antonio - state Oregon - Houston - India
skift.com
25.08.2023

Oyo Claimed to Have Outpaced U.S. Budget Hotel Recovery

Oyo, which advertises itself online as “India’s Best Online Hotel Booking Site for Sanitized Stays,” said it is performing well in the U.S. — after de-emphasizing its U.S. presence during the height of the pandemic.

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