Categories
`skift health score airbnb amadeus booking holdings Booking Sites Digital expedia google short-term rentals travel vrbo

Booking Holdings Is Holding Its Own Amidst the Wreckage But Then There’s Google

A screenshot from a 2019 Booking.com video, Booking.com Careers: Expand Horizons. Skift Take: The Skift Health Score ranked Booking Holdings as the overall leader in August among 100 public travel companies but the entire travel industry faces grave uncertainties. Then there’s that little search engine Google, which has an even larger travel business than Booking. […]

Categories
advertising booking booking holdings Booking Sites commissions Digital expedia metasearch online travel travel trivago

Booking’s Ad Play on Trivago Shows How to Create Opportunity From Crisis

Pictured is the Il Boro Tuscany property in France on August 24, 2019. Trivago is seeing increased demand for drive trips to rural areas. R Boed / Flickr.com Skift Take: Trivago was glad to see that Booking Holdings kept on advertising, however modestly, and upped its bidding in Trivago auctions while many other partners went […]

Categories
advertising Booking Sites coronavirus Digital expedia getyourguide google omio recovery programs travel

Google Made Advertising Concessions to Travel Partners But They’re Still Angry

Google and some of its advertising partners have clashed over Google’s coronavirus relief efforts. Felice Maranz / Bloomberg Skift Take: Google’s travel ad chief said companies that aren’t seeing enough advertising benefits with Google probably shouldn’t spend as much as they are. Few big travel companies would drop out of Google knowing it might sabotage […]

Categories
Apollo Global Management Booking Sites coronavirus debt Digital expedia private equity silver lake travel travel recovery tripadvisor

Expedia to Deliver Early Payday to Private Equity Investors

Expedia Group is looking to refinance $3.2 billion in private equity debt at a lower interest rate. Getty Images Skift Take: It’s no accident that Expedia Group disclosed improved booking trends on Monday, and then announced a senior notes offering to refinance the company’s private equity debt a day later. Hey, whether you are a […]

Categories
barry diller Booking Sites Digital expedia political contributions politics shareholders trade organizations travel

Expedia Shareholders Reject Proposal to Require Greater Disclosure of Company’s Political Donations

The U.S. Capitol as seems on January 18, 2017. Expedia shareholders rejected a proposal to provide more transparency about political contributions. Geoff Livingston / Flickr.com Skift Take: Regarding this particular shareholder proposal on increased transparency about political contributions, the stockholder who mattered the most was Barry Diller. But if the political winds in the U.S. […]

Categories
airbnb booking holdings Booking Sites booking.com coronavirus Coronavirus and Hospitality ctrip Digital expedia facebook google recovery relief travel trip.com group tripadvisor

Booking Holdings Takes Solitary Path in Online Travel Debate Over Offering Financial Relief to Partners

Pictured is a Spring Airlines A320 bedecked as Booking.com as seen on July 7, 2018. Booking Holdings doesn’t have a financial relief program for travel partners growing out of the coronavirus crisis. Kwok Ho Eddie Wong / Flickr.com Skift Take: Booking Holdings may be calculating that partner memories aren’t exceedingly long. On the other hand, […]

Categories
airbnb alternative accommodations apartmentjet Booking Sites coronavirus Coronavirus and Hospitality Digital expedia mergers and acquisitions pillow short-term rentals sonder travel

Expedia Shuts a Short-Term Rental Biz It Created From 2 Acquisitions

Pictured is an apartment building that was managed by Vacasa. Expedia Group shuttered its short-term rental service for buildings of this type. Vacasa Skift Take: Expedia Group is trying to simplify its far-flung operations, and its multifamily, short-term rental business wasn’t a core endeavor. That’s especially true when you consider how Covid-19 has decimated demand […]

Categories
airbnb Booking Sites booking.com ceo interviews coronavirus Digital expedia google peter kern private equity silver lake travel

Expedia Group CEO Peter Kern on Navigating a Frenemy Relationship With Airbnb

Expedia Group CEO Peter Kern is open to a partnership with Airbnb. Expedia Group Skift Take: Many companies won’t reopen for business when coronavirus ebbs, but two that will definitely still be left standing will be Expedia Group and Airbnb. They could potentially find ways to cooperate in the face of bigger threats in the […]

Categories
Booking Sites coronavirus Digital earnings expedia marketing travel travel recovery vacation rentals vrbo

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 […]

Categories
advertising booking holdings Booking Sites Coronavirus and Hospitality corporate travel Digital earnings employee travel expedia google travel

Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Pictured is a Google office. The company forecasts a difficult second quarter for its advertising business. Associated Press Skift Take: Google’s advertising business slowed in March as the pandemic kicked in globally. The second quarter, which ends in June, could be worse, and travel advertisers doing everything they can to conserve cash will be one […]