Online Travel Agency Giants Are on the Backfoot in Tours and Experiences

Airbnb host Kenyatta Forbes holds a Macrame workshop at the Bing Reading Room in Chicago, Illinois, on April 11, 2017. Expedia, Booking.com, and Ctrip are struggling to gain traction in the selling of sightseeing and experiences compared with new players like Airbnb. Christopher Dilts / Airbnb Experiences Skift Take: Expedia, Booking.com, and Ctrip are boosting … [Read more…]

What 5 Years of Klook Says About the Strength of Its Asia Playbook

Mobile-first Klook. Klook Skift Take: Since Klook’s launch five years ago, big changes have occurred in the sector. TripAdvisor bought Viator, TUI-Musement, and Booking-FareHarbor, and most recently, Airbnb invested in Atlas Obscura. All this, plus competition from online travel agencies, will test Klook’s playbook, even though its strategies seem sound for now. — Raini Hamdi … [Read more…]

Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities

Klook’s co-founders, from left, COO Eric Gnock Fah, CEO Ethan Lin and chief technology officer Bernie Xiong. Photo Credit: Klook. Skift Take: For the first time, an Asian startup, Klook, is attracting the highest funding ever in tours and activities. For the last time, can skeptics of this travel sector please bow out? — Raini … [Read more…]

GetYourGuide Defies Conventional Wisdom on Tour Booking So Far

GetYourGuide cofounders CEO Johannes Reck (left) and CTO Tao Tao at the company’s Berlin headquarters. GetYourGuide Skift Take: GetYourGuide may close an approximately $300 million funding round this year with possible participation by new investors like SoftBank and Temasek. If true, investors would be betting that the attractions booking agency can continue to defy several … [Read more…]