Articles by Dennis Schaal

Oral History: Booking.com Catapulted Priceline From an Also-Ran to First

Oral History: Booking.com Catapulted Priceline From an Also-Ran to First

Dennis Schaal, Skift

The acquisitions of Active Hotels and Bookings B.V., which led to the creation of Booking.com, transformed parent company Priceline.com, and online travel history. Take a look at Priceline's fourth quarter of 2005 financial results, and you'll be able to see the journey in process.

2 days ago

6 Takeaways From The Oral History of Travel’s Greatest Acquisition Booking.com

6 Takeaways From The Oral History of Travel’s Greatest Acquisition Booking.com

Dennis Schaal, Skift

The stars were seemingly aligned when Booking.com made its move. The big U.S. players were too comfortable with their huge margins from the merchant model; Booking.com focused on independent hotels; and search engine marketing was on the rise. Still, it was the entrepreneurs and dealmakers who made it all happen.

1 week ago

Booking Holdings Buys HotelsCombined as Kayak Expands Into Asia Pacific

Booking Holdings Buys HotelsCombined as Kayak Expands Into Asia Pacific

Dennis Schaal, Skift

Booking.com is Booking Holdings' favored child, but with the addition of HotelsCombined, it is apparent that the parent company still sees plenty of opportunity for its Kayak unit in metasearch worldwide. This deal will help Kayak expand in Asia Pacific, and will give HotelsCombined additional resources as well.

1 week ago

Asiatravel Holdings Suspends Trading as Auditors Question Financial Viability

Asiatravel Holdings Suspends Trading as Auditors Question Financial Viability

Bloomberg

It appears as though Asiatravel.com will need to secure new funding or find a so-called white knight to stave off creditors.

2 weeks ago

Video: Naspers Group Investment Exec Sees Consumer Focus Shifting From Price to Convenience

Video: Naspers Group Investment Exec Sees Consumer Focus Shifting From Price to Convenience

Dennis Schaal, Skift

Are consumers discarding price-consciousness for convenience? Uber is convenient, but it's also cheap. These dueling preferences aren't clear-cut, and the trends will remain complex.

2 weeks ago

Booking CEO Gillian Tans Gets a Ctrip Board Seat

Booking CEO Gillian Tans Gets a Ctrip Board Seat

Dennis Schaal, Skift

Online travel's two most influential female executives, Ctrip's Jane Jie Sun and Booking.com's Gillian Tans, will now deliberate around the table together at Ctrip board meetings. Ctrip felt the need to announce that the two companies are strengthening their ties after Booking's 2017 investment in Ctrip rival and IPO-bound Meituan-Dianping.

1 month ago

It’s Not Just Airbnb — HomeAway Starts Adding Hotels Too

It’s Not Just Airbnb — HomeAway Starts Adding Hotels Too

Dennis Schaal, Skift

While Airbnb has been brashly adding independent hotels, HomeAway has been quietly doing the same — although it has been using an entirely different business model given its ties to parent Expedia. Curation may have its place, but all of these companies realize that the more inventory and choice they give consumers, the more likely they are to spend on a stay.

1 month ago

Skift Tech Forum Preview: Kayak’s Chief Scientist Confident on Fare Predictions

Skift Tech Forum Preview: Kayak’s Chief Scientist Confident on Fare Predictions

Dennis Schaal, Skift

Today's data scientists know what they don't know. In other words, they have an appreciation for the complexity of what they are trying to accomplish. Separating the hype from the reality is one of the topics data executives from Kayak and HotelTonight will discuss at the Skift Tech Forum.

1 month ago

HNA Sale of Stake in NH Hotels Could Draw Growing List of Bidders This Week

HNA Sale of Stake in NH Hotels Could Draw Growing List of Bidders This Week

Vinicy Chan, Sarah Syed and Manuel Baigorri, Bloomberg

There's a bright side to HNA's Chinese government-induced sale of its stake in Spain's NH Hotels: The disposal could turn into a downright bidding war.

2 months ago

Global Airlines Bow to Chinese Pressure on Taiwan Designation

Global Airlines Bow to Chinese Pressure on Taiwan Designation

Bloomberg

Designating Taiwan as a part of China is an alternative fact, at least in terms of current realities. And airlines around the world weren't about to risk losing access to a lucrative market and those precious outbound Chinese travelers.

2 months ago

Ford in Talks to Buy Landmark Train Station in Detroit

Ford in Talks to Buy Landmark Train Station in Detroit

Corey Williams, Associated Press

Ford is investing in downtown Detroit. The city hopes other corporations and investment will follow.

2 months ago

London Stansted Airport Subject to Flight Disruptions After UK Lightning Strikes

London Stansted Airport Subject to Flight Disruptions After UK Lightning Strikes

Associated Press

The flight disruptions at London Stansted will have a spillover effect at other airports during a UK bank holiday. Mother Nature obviously got her calendar wrong for this.

2 months ago