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China’s Trip.com Group Has ‘Less Worse’ Second Quarter Than Booking and Expedia

The exterior of a Wangfujing Mandarin Oriental Hotel in Beijing. Trip.com Group said the high-end hotel sector is propelling its financial results. Mandarin Oriental Skift Take: In some respects, travel companies are prisoners of their geographic strengths and weaknesses in the Covid-19 era. Operational considerations aside, it sure didn’t hurt Trip.com Group to be based […]

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Latin America’s Despegar Is on a Buying Spree Despite Pandemic Challenges

Ipanema Beach in Rio de Janeiro. Despegar is dealing with the coronavirus calamity, with a recovery yet to begin in much of Latin America. sandeepachetan.com / Flickr.com Skift Take: Despegar is playing the hand it’s been dealt during the depths of the coronavirus crisis, and that means it will cut costs, ensure liquidity, and be […]

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Gogo in Talks to Sell Its In-Flight Wi-Fi Business

A passenger uses in-flight internet service on a flight. Gogo, the in-flight internet company, is in talks to sell its commercial aviation business to a competitor, the company said. Gogo Skift Take: Let’s hope the deal talks will go faster than Wi-Fi aboard a plane. — Sean O’Neill Read the Complete Story On Skift

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U.S.-China Tensions Could Roil Internet Usage Rules, Hurting Online Travel: Booking CEO

Booking Holdings CEO Glenn Fogel spoke with CNBC’s Seema Mody on August 7 about the company’s earnings. CNBC Skift Take: All of the world’s consumers and businesses will suffer if governments turn the internet into a “splinternet.” Booking Holdings CEO Glenn Fogel is one of rare U.S. public figures to say this out loud. — […]

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Sabre Preps for a World Where Global Corporate Travel Lags a Broader Rebound

A United Airlines 787 Dreamliner. This week United said it had extended its global distribution agreement where it provides travel agents access to its airfares and other content through the Sabre travel marketplace. United Skift Take: A crisis makes reputations. Sabre’s top bosses have seen the pandemic render useless their old playbook for handling a collapse in […]

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Booking Holdings Says Leisure Hotels Are Able to Hold Rates Without Having to Offer Deep Discounts

A jetty for guest arrivals at the Baros Maldives, a luxury property in the Baros resort island in the Maldives that reopens October 1, 2020. Baros Maldives Skift Take: A hotel price war hasn’t materialized as some dreaded. Booking Holdings CEO Glenn Fogel sees an opportunity to prove the value of his brands as a […]

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Spain’s eDreams Odigeo Sees Revenue Hit Due to Crisis

Image of a French town. Frederic Jutant / EDreams Odigeo Skift Take: Analysts expected the revenue loss. They liked hearing that the travel group won’t need new financing. — Sean O’Neill Read the Complete Story On Skift

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India’s MakeMyTrip Pushes Out Expectations for Profits Even Further Because of Pandemic

The Jal Mahal Palace near Jaipur, which is the capital of the state of Rajasthan, India. Sayan Nath / Unsplash Skift Take: One wonders whether some travel companies like MakeMyTrip Group must rethink parts of their business during the pandemic. They may continue to struggle to pay out millions in refunds to customers due to […]

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Expedia CEO Details Anti-Google Game Plan

Expedia’s new CEO, Peter Kern, wants to reduce the company’s reliance on Google marketing. Expedia Group Skift Take: Can Expedia Group wean itself away from Google, and avoid performance marketing spending when it doesn’t hit return on investment targets? New CEO Peter Kern said the coronavirus crisis presents an opportunity to chase these goals. Kern […]

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Booking Holdings Sees First Signs of Changing Traveler Behavior Brought on by Pandemic

Booking Holdings saw travel rebounding in Vietnam (shown here), China, South Korea and Germany in April 2020. This is a file photo of Anam Villas, Nha Trang, Vietnam, a member of Worldhotels. Worldhotels Skift Take: Will it be hotels or alternative accommodations that bounce back first? Booking Holdings officials said they see a shift toward […]