Expedia CEO Is Unfazed by Airbnb’s Growing Vacation Rental Lead

Shown here is a photo of Mark Okerstrom Expedia Group CEO and President speaking on-Stage at Skift Global Forum in New York on Thursday. Skift Skift Take: Mark Okerstrom, the chief of Expedia Group, has high hopes for his recently rebranded homesharing unit Vrbo. But as competition intensifies in the segment, we’re wondering if we’ll … [Read more…]

Booking Holdings Reaffirms Plan to Charge Commissions on Hotel Resort Fees

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: Despite criticism and reports of misgivings, Booking Holdings will plow ahead with a groundbreaking policy of charging commissions on resort fees charged by hotels, said CEO and president … [Read more…]

TripAdvisor CEO Welcomes More Pressure on the Travel Industry to Develop Green Practices

TripAdvisor CEO Steve Kaufer speaking on stage Wednesday, September 18, 2019, with Skift Founder and CEO Rafat Ali at Skift Global Forum in New York City. Skift Skift Take: When it comes to certain green practices and the refugee crisis, TripAdvisor CEO Steve Kaufer believes corporations and CEOs can’t sit on the sidelines and must … [Read more…]

Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules

Shown here is the Hotelbeds stand at the ITB trade fair in Berlin in March 2019. Hotelbeds Group Skift Take: The collapse last week of Amoma suggests that an industrywide crackdown on online travel agencies that violate hotel contracts is getting serious. For example, many hoteliers have wanted Hotelbeds to crack down on bad behavior … [Read more…]

Datalex to Lose Lufthansa Contract and 15 Other Digital Trends This Week

Lufthansa’s plane waiting on the runway isn’t the only thing ready to take off as the company is expected to end its contract with Datalex. Lufthansa Skift Take: In this week’s digital news, Datalex continues to plummet under the looming threat of losing its contract with Lufthansa. Meanwhile, the EU’s top antitrust regulator has her … [Read more…]

Amoma.com Troubles May Delight Hoteliers That Hate Its Rate Discounting

A photo of the Amoma.com site on a tablet in September 2019. The online travel agency offers discounted rates on hotels. Sean O’Neill / Skift Skift Take: Hoteliers probably disliked Amoma.com more than any other online travel agency in the past few years. Amoma often undercut hoteliers on price. Now its reported troubles may have … [Read more…]

What 5 Years of Klook Says About the Strength of Its Asia Playbook

Mobile-first Klook. Klook Skift Take: Since Klook’s launch five years ago, big changes have occurred in the sector. TripAdvisor bought Viator, TUI-Musement, and Booking-FareHarbor, and most recently, Airbnb invested in Atlas Obscura. All this, plus competition from online travel agencies, will test Klook’s playbook, even though its strategies seem sound for now. — Raini Hamdi … [Read more…]

Skift Global Forum Preview: Why Airbnb Turned to HotelTonight for Its Data Savvy

The Lucky Dragon Hotel and Casino is an Asian-themed boutique hotel and casino that has sometimes offered rooms on booking site HotelTonight. You can hear the CEO of HotelTonight, Sam Shank, speak at Skift Global Forum in New York City in September 2019. Tim Rue / Bloomberg Skift Take: HotelTonight’s acquisition by Airbnb last March … [Read more…]

Skift Global Forum Preview: Expedia CEO Plays the Long Game in Short-Term Rentals

Mark Okerstrom, the CEO of Expedia Group, believes his company has lots of tools to be a winner in accommodations. Adam Shane Productions / Expedia Group Skift Take: Is Airbnb going to eat Expedia’s lunch? The brand name Vrbo, really? Expedia CEO Mark Okerstrom faces some real challenges as the online travel agency pecking order … [Read more…]

Ctrip Changing Name to Trip.com Group to Emphasize International Business

Harbor views from Marco Polo Hotel in Hong Kong. Will calm return to the city? The volatile situation in Hong Kong, political tensions with Taiwan, and the U.S.-China trade war have negatively impact Ctrip’s business. Wharf Hotels Management Skift Take: Ctrip, or the company soon-to-be known as Trip.com Group Ltd., is banking on international growth … [Read more…]