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…]

Google’s Travel Gains Levy Pain at TripAdvisor and Expedia

TripAdvisor CEO Steve Kaufer (left) and Expedia Group CEO Mark Okerstrom separately pointed to Google as hurting their businesses’ performance in the third quarter of 2019. TripAdvisor and Expedia Skift Take: The fact that Google is leveraging its dominance as a search engine into taking market share away from travel competitors is no longer even … [Read more…]

Expedia’s Reorganization Efforts Make the Company Less Nimble

Expedia Group is reshaping its internal teams, which contributed to a weak third quarter of 2019. Expedia Group Skift Take: Behind the scenes, the reorganization within Expedia Group must be ugly. Otherwise the CEO wouldn’t have cited it near the beginning of his prepared remarks during the earnings call. The last time Expedia cited a … [Read more…]

Trainline Experiments With Hotels to Boost Revenue

The Trainline logo. The company is branching out into other areas to generate more revenue. Trainline Skift Take: Understandably, CEO Clare Gilmartin didn’t want to play up moves into other travel areas too much at such an early stage, but we’ll be keeping a close eye on how the company evolves over the next few … [Read more…]

Sabre Predicts Clear Skies for Its Airline Distribution and Tech Businesses

Sabre CEO Sean Menke shown at an industry event in Kraków, Poland, in 2017. Sabre, a travel technology company, reported third-quarter earnings, with revenue up 1 percent year-over-year, totaling $984 million. Sabre Skift Take: To paraphrase Sabre executives, airlines in North America are too fat and happy to be bothered to mimic the experiments with … [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…]

Did Airbnb’s Contrarian Narrative Just Get Messed Up?

New reporting on Airbnb suggests its finances might not be as neat and tidy as it hopes to present ahead going public, with operating losses doubling in the first quarter. Lulu Yilun Chen / Bloomberg Skift Take: Airbnb is on a path toward spending as much as $2 billion in sales and marketing in 2019. … [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…]

Online Travel Agency eDreams Odigeo Urges Investors to Stick Around

An aircraft in the sky. eDreams is diversifying its product offering. tatsuo yamaguchi / Flickr Skift Take: EDreams believes it has developed a long-term recipe for success but needs time to realize those gains. If it can convince enough people to sign up — and stay signed up — to its subscription service it might … [Read more…]