Booking Holdings CEO Glenn Fogel Tests Positive for Coronavirus

Glenn Fogel, who is the CEO and president of Booking Holdings, spoke at Skift Global Forum on September 18, 2019, with Executive Editor Dennis Schaal. Skift Skift Take: Booking Holdings CEO Glenn Fogel said he “feels fine” after testing positive for coronavirus. As a public company, Booking Holdings prudently disclosed the diagnosis in a financial … [Read more…]

Expedia Withdraws First Quarter Guidance and Halts Share Repurchases

The worse-than-expected coronavirus impact prompted Expedia Group to withdraw its first quarter financial guidance. Olivia Carville / Bloomberg Skift Take: You can expect numerous other companies to withdraw their first quarter financial guidance, if they haven’t already done so. A key question is how will the competitive landscape get reshaped once the crisis abates. — … [Read more…]

Airbnb Loses $276 Million and 6 Other Takeaways From Its Fourth Quarter

An Airbnb Plus property in Nashville, Tennessee. Airbnb piled up losses in the fourth quarter of 2019. Airbnb Skift Take: Airbnb’s fourth quarter financials show it is 10 times larger than Tripadvisor. They also provide clarity that Booking Holdings has a long way to go to catch Airbnb in short-term rental businesses. Airbnb’s growing marketing … [Read more…]

The Most Important Story in Online Travel in 2019

Pictured is an Airbnb cottage for rent in Mayne Island, British Columbia, Canada. Airbnb booked more room nights than Expedia in the first quarter of 2019. Airbnb Skift Take: Airbnb overtook Expedia in room nights booked in the first quarter of 2019, but questions loom for 2020. Will Airbnb lose its focus as it vows … [Read more…]

What Barry Diller Told Anxious Expedia Workers About the Future

Barry Diller, shown here in an earlier photo, addressed Expedia workers at the Seattle headquarters on Dec. 19, 2019. JD Lascia / Flickr Skift Take: Expedia Group Chairman Barry Diller flew to Seattle to rally the troops. His message to all the employees around the world was, in essence, the sun will rise tomorrow at … [Read more…]

Kayak’s Search App Will Soon Let Users Check in to Select Rentals and Hotels

Shown here is the interior of a short-term rental run by hospitality company Lyric at a location in Philadelphia’s Washington Square West neighborhood and featuring on the walls photography by artist Shawn Theodore. Lyric is the first hospitality company invited to partner with travel search company Kayak on new online booking cross-promotion. Lyric Skift Take: … [Read more…]

What Does Online Travel Really Mean by a ‘Connected Trip’?

Lengthy lines at Newark International Airport in New Jersey. Bart Everson / Flickr Skift Take: Creating the connected trip means online travel agencies will have to become high-powered, tech-first, traditional travel agencies. It sounds cool but probably isn’t feasible without major upheaval across the global travel market. — Andrew Sheivachman Slim Leather Travel Passport Wallet … [Read more…]

Booking Holdings and Expedia in Arms Race to Deliver the Connected Trip

Travelers check an information monitor as weather causes flight cancellations and delays during a winter storm in Boston, Massachusetts, February 5, 2014. Dominick Reuter / Reuters Skift Take: From the wishful thinking and hype of years ago, the connected trip is beginning to draw real investment and to become a thing. It will take a … [Read more…]

Did Booking.com Swallow Kayak? No, It’s Just a Marketing Thing

Pictured is a screengrab from a Kayak video about trip-planning. Kayak and OpenTable are highlighting their ties to Booking.com to heighten Booking.com’s appear in the United States. Kayak Skift Take: Booking.com may be a household name in Europe, but Kayak and OpenTable are far better known in the United States. Parent company Booking Holdings is … [Read more…]

Trivago’s Incoming CEO Gets Busy Tweaking Its Advertising Strategy

In July 2019, Trivago moved into a new headquarters in Dusseldorf, Germany, whose main entrance hall is shown here. Trivago Skift Take: Trivago’s incoming CEO Axel Hefer signaled Thursday that the company would change its auctions to appeal more to advertisers. Most promising is how it will now let Booking.com and other advertisers bid for … [Read more…]