Digital

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Raini Hamdi, Skift

Grab will hire an additional 1,000 tech employees in 2019, after doubling the number of software engineers, data scientists, and analysts it added this year to 2,000. A look at its next R&D hiring plan gives a few hints on what it is working on.

23 hours ago

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $114 million in funding, including WhyHotel, Oyo, Noken, and Wow Venue.

1 day ago

The Amazon Factor in Travel: New Skift Research E-Book

The Amazon Factor in Travel: New Skift Research E-Book

Seth Borko, Skift Research

Amazon's influence over travelers is likely to grow, and travel companies need to pay careful attention. Our limited edition e-book evaluates lessons, threats, and opportunities that Amazon presents for the travel industry.

4 days ago

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Why Online Travel Agencies Need to Beat the Cookie and Improve Customer Identification

Why Online Travel Agencies Need to Beat the Cookie and Improve Customer Identification

BounceX + Skift

OTAs need to do a better job at identifying their customers and understanding why they’re abandoning their carts before booking. Relying on cookie-based technology to solve for this is no longer enough.

21 hours ago

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Sean O'Neill, Skift

To quote a smart venture capitalist, "Just because investment money is pouring in doesn’t mean all bets are good bets!” WhyHotel itself may be a well-run business, but the sudden rush of venture money into a full array of hospitality businesses does raise eyebrows overall.

4 days ago

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Dennis Schaal, Skift

Expedia has dealt with a ton of distractions in recent years as it acquired Wotif, Travelocity, Orbitz Worldwide, and HomeAway, for example. CEO Mark Okerstrom wants to focus on the basics instead, and doesn't want to take bold steps into dining reservations or food delivery for now. On the other hand, Expedia is a very acquisitive company so never say never.

4 days ago

Travelport’s Proposed Buyout Deal May Not End the Drama

Travelport’s Proposed Buyout Deal May Not End the Drama

Sean O'Neill, Skift

The early consensus is that Elliott Management put together a disappointing deal for investors. We cover the case for and against the deal here. But expect larger Travelport investors to consider resisting the deal or hope that a white knight acquirer rides in with a better offer.

4 days ago

New Skift Research Explains What Repeat Tourists Want

New Skift Research Explains What Repeat Tourists Want

Meghan Carty, Skift Research

Keeping visitors loyal is often a complex task for destinations. Understanding those travelers who are most likely to go back to places they’ve visited is a crucial component of this equation.

4 days ago

Travelport Is Being Taken Private in $4.4 Billion Deal

Travelport Is Being Taken Private in $4.4 Billion Deal

Sean O'Neill, Skift

The long-predicted buyout of public-company Travelport has happened at a premium of about twice the market capitalization of the company. Expect a spinout of the company's eNett payments division and the proverbial "cost restructuring."

5 days ago

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Sean O'Neill, Skift

This year Lufthansa made a series of small moves that, when looked at together, reveal a doubling down on its multi-front strategy to pressure Amadeus, Travelport, and especially Sabre to conform more to its preferred airline distribution practices. Connect the dots, and it looks like a low-grade war.

5 days ago

HotelQuickly Disaster Raises Questions on How Travel Search Giants Vet Advertisers

HotelQuickly Disaster Raises Questions on How Travel Search Giants Vet Advertisers

Sean O'Neill, Skift

It's a matter of probability that some companies will face cash crunches. It appears HotelQuickly has. But global travel search companies need to detect problems sooner. They must quickly put a pause on referring consumers to troubled companies before too many victims pile up.

6 days ago

Airbnb Ranks Its Top Up-and-Coming Destinations for 2019

Airbnb Ranks Its Top Up-and-Coming Destinations for 2019

Colin Bertram, Bloomberg

Quieter locales in Scotland, New Zealand, China, and Mexico lead Airbnb’s trending destinations for the coming year. Note that these statistics show gains in search interest from small base numbers and so they're somewhat misleading. Paris hasn't lost its status as a popular spot, for instance.

7 days ago