Skift Travel News Blog

Short stories and posts about the daily news happenings around the travel industry.

Online Travel

Tripadvisor Names Appointees to Fill Out Reorganization of Its Core Business

1 year ago

Tripadvisor filled in the blanks, naming two executive appointments to flesh out a reorganization of its core business that the company disclosed during its fourth quarter earnings call a week ago.

Sanjay Raman, who had previous stints at Airbnb, Greylock and Google, starting working in January as chief product officer, a new position within Tripadvisor’s core business segment.

Kristen Dalton. Source: Dave Kotinsky/Getty Images for Tripadvisor

Likewise, Kristen Dalton, who has served in Tripadvisor roles since 2019 as vice president of financial planning and analysis and interim head of the company’s business to consumer group, started serving in January as chief operating officer of the company’s core business. That is a new position, as well.

Core Business Is Distinct From Viator and TheFork

What is Tripadvisor’s core business? Tripadvisor defines it as “Tripadvisor branded hotels, Tripadvisor branded display and platform, Tripadvisor experiences and dining revenue, and other revenue,” including cruise. Tripadvisor recently de-emphasized vacation rentals, flights, car rentals within its “other revenue” category.

Sanjay Raman. Source: Scott Eisen/Getty Images for Tripadvisor

Although Tripadvisor experiences and dining revenue are part of the core segment, the separately branded Viator experiences and TheFork dining revenue don’t fall within the core business. That means the January appointees won’t be responsible for Viator and TheFork, which have separate teams.

With the appointments and the reorganization of Tripadvisor’s core segment, Tripadvisor now had functionally led teams in operations (led by Dalton), marketing (John Boris), product (Raman) and engineering (Sugata Mukhopadhyay).

Under the prior structure, the teams were organized along business to consumer and business to business lines.

While Viator reached 171 percent of 2019 revenue levels in 2022, TheFork hit 99 percent, and Tripadvisor’s core business generated only 79 percent of 2019 revenue.

Online Travel

Caesars Now Sells Flights and Vacation Packages

1 year ago

Caesars Entertainment is adding an online travel agency business model, as it launches a new website that lets guests books flights as well as their accommodation.

The resort operator’s new “Caesars Rewards Travel Bundle” venture, as reported by Skift’s Daily Lodging Report, is powered by Snowstorm Technologies.

To coincide with the new Caesars website (caesars.com/flights-hotels) Snowstorm has launched new division called yourWurld. It describes it as a “turnkey packaging technology solution combined with global content and fulfillment services.”

Snowstorm now wants to target other hotel groups so it can build packaging solutions for them as well.

Caesars claims it is the first time a major domestic casino company in the U.S. has added this type of model. It’s being rolled out in Las Vegas first, before onboarding its 50 other properties in the U.S. later this year. Car rental, dining and entertainment (through Ticketmaster) will be added at a later date.

It will only sell accommodation for its own properties.

Guests can earn Caesars Rewards credits when booking packages, and redeem them at its gaming destinations or online. The company says it has 60 million Caesars Rewards members in the U.S.

Online Travel

Tripadvisor Names Former Booking Holdings Finance Official as New Chief Financial Officer

1 year ago

Tripadvisor will replace longtime chief financial officer Ernst Teunissen with Michael Noonan, a former Booking Holdings vice president of finance, effective October 31.

Tripadvisor, who several months ago saw the appointment of Matt Goldberg as CEO, replacing Steve Kaufer, said Teunissen, who served as chief financial officer for the past seven years, will leave “to pursue other interests.”

Michael Noonan, Tripadvisor’s new CFO. Source: Tripadvisor.

In addition to his chief financial officer role, Teunissen also served as chief executive of Tripadvisor brands Viator, The Fork and Cruise Critic.

Tripadvisor said Noonan, who has three decades of finance experience, most previously served as chief financial officer of the health app Noom. He was in that role since October 2020.

Tripadvisor didn’t say who, if anyone, might assume Teunissen’s role at Viator, The Fork and Cruise Critic. He will stay on through the first quarter of 2023 for transition purposes.

“I would like to thank Ernst, also on behalf of our Board of Directors, for his many valuable contributions over the past seven years, and personally for the counsel he has provided through my own onboarding,” Goldberg said in a statement. “His guidance, especially through the volatile pandemic period, has been key to our strong financial position.  Moreover, his leadership of Viator, TheFork, and Cruise Critic, has driven strong revenue growth for these strategic businesses coming out of the pandemic.”

Online Travel

Booking.com Adds Klook To Its Roster of Activities Providers

1 year ago

Booking.com expanded the geographic reach of its tours and activities offerings in Asia by entering a long-term strategic partnership with Klook, Booking.com announced Monday.

Madame Tussauds Singapore source Merlin Entertainments
The set of a Bollywood movie at Madame Tussauds Singapore. Travelers can buy tickets to this attraction and have their reservations instantly confirmed via Klook, an online travel agency that specializes in experiences. Madame Source: Merlin Entertainments

“Klook experiences are now live in over 175 cities, across over 30 markets on Booking.com, and the majority of these are available in Asia and Oceania,” Booking.com stated as it cited Klook as “the category leader for experiences in Asia.”

Booking.com is headquartered in Amsterdam, and Klook is based in Singapore.

Booking.com already had provider agreements with TUI’s Musement, based in Europe, and Tripadvisor’s Viator, which is headquartered in the U.S.

Booking.com sister company Priceline last week announced that it, too, hooked up with Musement to access tours and activities.

Tour Operators

Tours and Activities Companies Launch Standards Association

2 years ago

Nearly three dozen tours and activities operators, reservation systems, and distributors debuted a non-profit association geared to formulate connectivity standards.

Source: Reuters

The 501c3 association, Open Connectivity for Tours, Activities & Attractions intends to promote an open source specification “to enable reservation and ticketing system providers and tour, activity and attraction ticket sellers to connect their systems for more efficient distribution,” the group announced Tuesday.

Founding members of the group include Arival, Checkfront, Gateway Ticketing Systems, Go City, Holibob, Peek, Tiqets, TUI Musement, Ventrata, Xola and Zaui.

Several major booking platforms, including Viator, GetYourGuide, Klook, Booking.com and Expedia weren’t part of the launch announcement.