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Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Pictured is a Google office. The company forecasts a difficult second quarter for its advertising business. Associated Press Skift Take: Google’s advertising business slowed in March as the pandemic kicked in globally. The second quarter, which ends in June, could be worse, and travel advertisers doing everything they can to conserve cash will be one […]

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Booking Holdings Admits to Having Critical Failures Even Before the Pandemic

A Booking.com video shows the Copacabana Beach in Rio de Janeiro. Booking Holdings said it isn’t making fast enough progress in the United States. Booking.com Skift Take: Booking Holdings hired a new marketing chief in 2019 because it knew that its brand marketing in the U.S. was falling short, particularly against household name Expedia. Booking […]

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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 […]

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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. — […]

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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 […]

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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 […]

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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 […]

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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: […]

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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 Read the Complete Story On […]

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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 […]