Booking’s Prepaid Hotel Model and 10 Other Digital Trends This Week
Photo Credit: Booking is pivoting toward prepaid hotel bookings. Booking Holdings
Skift Take
This week in digital news, we analyzed third quarter earnings from major players. Booking emphasizes the prepaid hotel model and TripAdvisor's experiences and restaurants businesses are looking up.
Digital Travel News Weekly Roundup
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines digital trends. For all of our weekend roundups, go here.
>>It's back to the future for Booking Holdings, which is pivoting to emphasize the prepaid hotel model that its Booking.com unit basically spurned for most of its history. This means better cash flow because consumers pay when they book, and higher commissions: Booking Holdings Makes Major Pivot Toward Prepaid Hotel Bookings
>>TripAdvisor faces a quandary: It needs to have an alternative accommodations business to round out its hotel offerings, but rentals revenue declined and slowed the otherwise-positive trajectory of its non-hotels segment. While TripAdvisor is a market leader in experiences and restaurants, its rentals business is muddying up the works
