Online Travel’s eDreams Apes Amazon With Prime Subscription Service

In 2017, eDreams Odiego moved into new offices in Barcelona designed by Vimworks. The company has been trialing a new subscription product. Vimworks Skift Take: It’s a bold move to call your subscription product “Prime,” but if eDreams Odigeo’s new offering is anywhere near as useful as Amazon’s has been, the company will be pretty … [Read more…]

Travelport’s Plans to Go Private Held Up by Russian Regulators

Travelport CEO Gordon Wilson was in high spirits when his company debuted on the public markets in New York in 2014. The travel technology company quietly reported its first quarter 2019 earnings on Friday. The company is weeks away from going private. Travelport Skift Take: Russian regulators have put up obstacles to the long-discussed buyout … [Read more…]

Booking Holdings Empire Tiptoes Toward Quiet Collaboration

Booking Holdings CEO Glenn Fogel photographed in 2017. Fogel has a vision of his conglomerate touching the lives of its users more often than just for a one-off lodging or flight booking. Natasha Miller / Booking Holdings Skift Take: As Booking Holdings brands try to cross-sell their customers on more products, such as attractions, restaurants, … [Read more…]

CEO Hints Booking Holdings Is Ready to Buy More Companies

One part of the lobby of the Booking.com headquarters in Amsterdam. The online travel agency is the largest unit in Booking Holdings, which reported earnings on Thursday. Booking.com Skift Take: Falling victim to the so-called law of large numbers, Booking Holdings saw its total revenues for the first quarter drop 3 percent from the prior … [Read more…]

Amadeus Finds Fastest Growth Overseas in North America

Amadeus IT Group reported positive growth in the first quarter of 2019, supported by more than 14 percent year-over-year growth in North America. Amadeus Skift Take: Texas-based Sabre can no longer take for granted its home market of North America as Amadeus attempts to make inroads on the continent. — Sean O’Neill Leather Passport Holder … [Read more…]

TripAdvisor Reveals Some of Its Tactics in Growing Experiences

A look at a decorative wall at TripAdvisor’s Needham, Massachusetts, headquarters. The online travel company revealed Wednesday more details on its strategy to become one of the world’s largest online travel agencies for tours, activities, and attractions. TripAdvisor Skift Take: TripAdvisor’s key tactics to grow its tours and activities business include the discounting of some … [Read more…]

TripAdvisor Reveals Details on Experiences and Restaurants Growth

A view of the lobby in the global headquarters of TripAdvisor in Needham, Massachusetts. In the first quarter of 2019, TripAdvisor’s revenue declined 1 percent year-over-year, to $376 million. But its new business units grew at a double-digit pace during that time. TripAdvisor Skift Take: TripAdvisor’s greater transparency in its financial reporting is to be … [Read more…]

Expedia Faces Stiff Headwinds in Rebranded Short-Term Rental Business

Expedia Group’s short-term rental business struggled in the first quarter of 2019. Olivia Carville / Bloomberg Skift Take: When Expedia announced the acquisition of HomeAway in 2015, then-CFO Mark Okerstrom called it “a huge opportunity on a go-forward basis.” Today, it still is, but now-CEO Okerstrom said the short-term rental business must strive to gain … [Read more…]

Google Hotels Prompts Trivago to Increase Advertising in 50 Global Markets

Trivago is experimenting with new TV ad concepts, including having its actor spokespeople merely narrate spots instead of appearing in them. Trivago Skift Take: Google is eating the world. When metasearch sites such as Trivago see a strategic benefit in increasing their advertising in Google metasearch, it’s not only enough to make your head spin, … [Read more…]

Sabre Will See Revenue Fallout From Jet Airways Collapse and 737 Max Grounding

Sabre expects to take a financial hit because the FAA has grounded all Boeing 737 Max jets in the United States, and carriers around the world have done likewise. Pictured is a United Airlines Boeing 737 Max 9. United Airlines Skift Take: Sabre is engaged in a tough but necessary technology transition. Beyond the system … [Read more…]