Online travel newsletter tips

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.

Looking to establish itself as the number 1 online travel agency in Southeast Asia, Air Asia Move, previously known as AirAsia superapp, announced the launch of its ASEAN Explorer Pass on Thursday.

American Airlines was poised to stop enabling customers of certain travel agencies to earn loyalty points on the airline’s bookings starting May 1, but said Tuesday it is extending that deadline until July 11.

For more than a decade, travel companies have been saying sustainability would gain in importance – Tripadvisor said the “the green travel trend is gaining momentum” back in 2012.

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.

By the time a Gen Zer in the U.S. reaches age 30, they’ll have spent approximately $145,000 on rent on average. In comparison, millennials spent roughly $127,000 by the same age.

DerbySoft, a hotel distribution tech company, is expanding into the airline industry through the acquisition of Pkfare. 

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.

Indian online travel agency EaseMyTrip.com on Monday confirmed an investment in business-to-business (B2B) travel portal ETrav Tech.

Google said Wednesday that it is adding several new tools meant to help travelers plan trips and explore destinations. 

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.

Amadeus has acquired Voxel, which provides digital products that travel companies can use to complete payments from consumers.

Kayak this week released a tool that it says can read flight fare information from a screenshot and then search for a better price. 

AirAsia Move is serious about an IPO – but first the timing and the business mix needs to be right.

With competition getting more intense in performance marketing channels, Germany-based metasearch company Trivago saw its fourth quarter profits nosedive.

In a letter to employees — obtained by Skift — after the news broke that he’d be stepping down in May, Expedia Group CEO Peter Kern said there were times when he wasn’t sure whether the multiyear reorganization of the company was going deep or fast enough.

In a stunner that few observers saw coming, Expedia Group announced CEO Peter Kern will step down from his post and Ariane Gorin will succeed him, effective May 13.

Expedia Group announced after its fourth quarter 2023 earnings call that Ariane Gorin would become the online travel agency’s CEO on May 13, succeeding current CEO Peter Kern. Gorin will join the board of directors, where Kern will remain. Barry Diller will continue in his roles as Expedia Group’s senior executive and chairman.

Tripavisor plans to release a metaverse experience later this year. 

Reverse stock splits are almost never a good sign and companies have a tough time recovering. They do it when their shares are in the basement and they’re at risk of a delisting.