2019 Archives

Online Travel

Expedia's Payout to Its Ousted CEO Could Be Nearly $12 Million

When you consider Mark Okerstrom's performance, which will lead to a golden parachute substantially less than what might have been, he can take a bunch of blame — but not for everything. The integration of the Vrbo acquisition was clearly messed up, as was the reorganization. Conversely, he inherited a very tough competitive environment.
Hotels

Unpacking TUI’s New Hotel Strategy

Not only is TUI making a big bet on its own branded hotels, it wants to try and get independent hotels onto its new digital platform. How many are really going to want to get involved, and might it be better to try to fix its underperforming tour operator division?
Tourism

The Most Important Story in Tourism in 2019

While the story of tourism in chaotic Hong Kong this year is specific to that place, it also points to the tenuousness of the global tourism industry as a whole.
Airlines

The Most Important Story in Airlines in 2019

The grounding of the Boeing 737 Max worldwide may be the most consequential aviation event in the past decade. Boeing is still confident the plane will fly again. But when?