Booking Holdings CEO Glenn Fogel: eTraveli Acquisition, Prices — Full Video
Photo Credit: Booking Holdings CEO Glenn Fogel in discussion with Skift Executive Editor Dennis Schaal at Skift Global Forum Skift
Skift Take
Despite his frustration with the European Commission blocking Booking Holdings' deal with the eTraveli Group, Glenn Fogel maintains his company will still build out its flight business. Watch him address that and more during his recent appearance at Skift Global Forum.
Booking Holdings has viewed its planned $1.7 billion acquisition of Swedish-based company eTraveli Group as a coup in its attempts to boost its flight business. However, the European Commission has blocked the deal, arguing that the deal would increase Booking.com's hotel market share in Europe.
Booking Holdings CEO Glenn Fogel addressed the ongoing issue at the recent Skift Global Forum in New York City. He also touched on commission fees for partners and New York City's new short-term rental regulations, among other issues.
Watch the full video or read a transcript of it below.
https://www.youtube.com/watch?v=fVlUU5LHhsI Interview TranscriptDennis Schaal: Good morning, we're back. More importantly, you're back, Glenn. Thanks.
Glenn Fogel: I'm back.
Schaal: Thanks for being here.
Fogel: Well, thanks for having me again. It's just beautiful. I mean, this is so much better than last year.
Schaal: An