Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.
After Covid put the travel industry under a microscope, Ecuador aims to define who’s who in the agencies segment, create a clearer environment for online sales, avoid embezzlements and improve the quality of professionals.
In 2021, Camplify went public as a kind of Airbnb for recreational vehicles. Its financial numbers help serve as a benchmark for the potential of this segment, with its many competitors.
U.S. and Chinese hotel performance surged in recent weeks while European properties saw a dive in demand. American and Chinese hoteliers shouldn’t waste time taking a victory lap.
Although tour operators are wise to try to limit the risks their guests might face during trips longer than two weeks, they need to find ways to resume these profitable trips immediately because their businesses can't take the further financial hits.
These travel managers have no regrets in keeping things hush-hush among employees, because why risk everything when all it takes is another variant to emerge? Backtracking after a two-year hiatus is, understandably, not something they're prepared to do.
No big surprises on Google Maps, but Booking.com outpaced rival Airbnb in downloads in the online travel agency category globally by nearly 20 million in 2021. That's not a game-changer, but it's important if Booking is going to eat into Airbnb's daunting direct-booking advantage.