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…]

Expedia’s 23-Year Evolution in Online Travel

Home page for Expedia’s main travel site, Expedia.com. The company has grown rapidly since its launch nearly 25 years ago. Skift Take: Expedia has come a long way since its launch nearly a quarter century ago, making acquisitions a key part of its strategy. It will be interesting to see what’s next for the company … [Read more…]

The Rise and Fall of Mark Okerstrom as Expedia CEO

A September 2017 photo by Expedia Group CEO Mark Okerstrom at a charity event with some workers who support the travel company’s more than 20 brands. Mark Okerstrom’s time as CEO of Expedia Group, which ended abruptly Wednesday after merely two years. Here’s a recap of Okerstrom’s tenure. Expedia Group Skift Take: Mark Okerstrom’s time … [Read more…]

Travel Leaders Group’s Goal for UK Growth and 5 Other Top Digital Stories This Week

Barrhead Travels is offering holiday vacation packages to destinations like Pierre & Vacances Village Club Fuerteventura Origo Mare in Las Palmas, Spain, from the UK. Barrhead Travel Skift Take: This week in digital, Travel Leaders Group has a goal to fill the void left behind following the demise of Thomas Cook. Meanwhile, hotel chain Selina … [Read more…]

2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week

Aung Kyaw Moe, founder and CEO of 2C2P, poses for a photograph in Bangkok, Thailand, on Thursday, January 2018. 2C2P is a digital payments platform that has just raised a fresh round of funding. Taylor Weidman / Bloomberg Skift Take: This week, travel startups announced more than $101 million in funding for a range of … [Read more…]

Online Travel Agency On the Beach Sees a Blessing and Curse From Thomas Cook’s Demise

An aerial photograph of Nissi beach Agia Napa, Cyprus. On the Beach has taken a financial hit from the Collapse of Thomas Cook. dronepicr / Flickr Skift Take: On the Beach’s purchase of Classic Collection Holidays now looks like a strategic masterstroke in light of the collapse of Thomas Cook. Brick-and-mortar travel agents in the … [Read more…]

Oyo’s Widening Losses and Other Financial Takeaways From Its Latest Filing

An example of an Oyo property. Oyo Rooms disclosed details about its financial performance as the hospitality company continues its breakneck expansion while piling up losses. Oyo Skift Take: Oyo has disclosed a surge in losses in documents related to its $1.5 billion in new funding. The hospitality company claims it will turn profitable three … [Read more…]

Booking and Expedia Battle to Offer Connected Trips and 18 Other Top Digital Stories This Week

Travelers are waiting on a long line in a crowded Budget car rentals site. Booking sites have hopes to make this process quicker with connected trips. Jim Jegans Jr / Flickr Skift Take: This week in digital, the online booking giants strive and compete to give travelers a more seamless experience. Meanwhile, travel management company … [Read more…]

Tencent Bets Big on Ctrip-Backed LvYue Hotel Group: Travel Startup Funding This Week

An image of the lobby of the 69-room Vyluk Hotel in Chongqing, China, which is run by LvYue, a hotel group that’s a strategic investment of Trip.com Group and that received a round of investment led by Tencent this week. Vyluk Hotel Skift Take: Is there anything that Trip.com Group (formerly Ctrip) won’t do? LvYue … [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…]