Booking Holdings Sees Brand Collaborations as Key to Restoring Growth on Steroids

Booking Holdings believes it can gain a more complete view of travelers at the airport or in their destinations to boost the number of repeat customers. Medjet Skift Take: The road back to a flywheel of growth would be a lengthy one for Booking Holdings. Google has a ton of data, too, as do other … [Read more…]

Ctrip Name Change to Trip.com Group Is Now Official

Ctrip hopes the name change to Trip.com Group will enable it to catch the attention of Chinese and other travelers outside of China. Bloomberg Skift Take: The name change to Trip.com Group is not a bad idea for Ctrip as it increasingly comes out of its shell and becomes a global force in online travel. … [Read more…]

Travelzoo Places Bet on Social Media Marketing in China

A look at Travelzoo’s content being promoted in Mandarin on social media channels. The deals marketer is aiming to expand profitably in China. Sean O’Neill / Skift Skift Take: In traditional business logic, the big beat the small. But in Asia-Pacific today, fast companies beat the slow ones. It’s an open question whether Travelzoo can … [Read more…]

An In-Depth Look at Hotel Chain Oyo’s Financials and Strategy: New Skift Research

Skift Take: Oyo promises a new type of hotel company. It’s an asset-light brand that seeks to connect the global long tail of mom-and-pop hotels through its tech and distribution platform. But can it live up to the hype? Skift Research dives deep into Oyo’s business strategy and financial performance. — Seth Borko Read the … [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…]

TravelSky’s Performance Offers a View of China’s Slowing Air Travel Market

China Eastern Airlines is one of many domestic Chinese airlines to rely on TravelSky, a tech vendor, for its computing needs. TravelSky reported its first-half 2019 earnings on Thursday. China Eastern Airlines Skift Take: New data from China’s travel tech giant TravelSky shows that the country’s pace of air travel growth slowed in the first … [Read more…]

Booking Holdings CEO Sees Greater Need for Urgency Under New Exec Structure

Booking Holdings CEO Glenn Fogel wants to speed up the pace of execution at the company. BTO / Flickr Skift Take: Booking Holdings, along with Expedia Group, have both had to deal with acquisitions and integrations that have been taking too long. Booking officials are undoubtedly frustrated with the pace of progress at OpenTable and … [Read more…]

Lonely Planet to Revamp Its Guidebooks, Starting With China

Lonely Planet CEO Luis Cabrera at the Travel Disruption Summit in New York City, May 22, 2019. Isaac Carey / Skift Skift Take: CEO Luis Cabrera has big plans to invest in digital opportunities, but right now the company is still in the experimental stage. — Isaac Carey Slim Leather Travel Passport Wallet Holder RFID … [Read more…]