Online Travel News

News Blog

On the Beach Founder to Step Down as CEO

On the Beach Group CEO Simon Cooper, who founded the UK-based beach holidays online travel agency in 2004, will resign his post within the next 12 months, and Chief Financial Officer Shaun Morton will take over the CEO duties, the company announced. On the Beach Group founder and CEO Simon Cooper plans to step aside…

Dennis Schaal | 2 days ago

Online Travel

A Tour Operator Flips the Playbook by Embracing Travelers’ Passions, Not Destinations

Passion-based itineraries might sound like the latest hype in tours and activities, but it is being fueled by the everyday interest of people who are turning their hobbies into thriving businesses — and by extension, unique travel experiences.

Selene Brophy, Skift | 4 days ago

News Blog

Travelzoo Owner Aims to Invest $10 Million to Fund Metaverse Experiences

Travelzoo, a hotel and package deal publisher, said in a financial filing on Tuesday that it would ask its stockholders to approve a $10 million cash investment that would let its founder increase his ownership and help the company fund the metaverse experiences scouting business it began this year. The subsidiary suffered $63 million in…

Sean O'Neill | 4 days ago

Skift Research

Expedia and Booking in the Post-Pandemic Travel Landscape

Travel is back in full swing and Expedia Group and Booking Holdings are now fully recovered versus the pandemic. But under the hood, big changes are underway as these two booking sites revamp their strategies for the future.

4 days ago

Online Travel

Expedia and Booking Rebuild for Post-Pandemic Landscape: New Skift Research

Travel is back in full swing and Expedia Group and Booking Holdings are now fully recovered versus the pandemic. But under the hood, big changes are underway as these two booking sites revamp their strategies for the future.

Seth Borko, Skift Research | 5 days ago

Online Travel

15 Key Moments During Sam Shank’s Days at Airbnb-Owned HotelTonight

Sam Shank and HotelTonight had a significant impact on the travel industry's competitive landscape. We picked 15 pivotal events that helped to define Shank's legacy as co-founder and CEO as he embarks for a new journey elsewhere.

Rashaad Jorden | 5 days ago

News Blog

Trip.com Group Taps $1.5 Billion Loan Tied to Green Targets

Trip.com Group said on Friday it had tapped a $1.5 billion sustainability-linked loan facility, meaning that the financing terms link the debt's interest rates to the Chinese online travel giant's performance against specific environmental targets. The Shanghai-based company will use three-year dual-tranche term loan facility to refinance some of its debt, and the rest for…

Sean O'Neill | 7 days ago

News Blog

ResortPass Adds $26 Million in Celebrity-Backed Funding

Luxury hotels and resorts, with all their amenities, are usually the playgrounds of the rich and famous and are reserved exclusively for overnight guests who pay top dollar to stay there. However, a group of celebrity funders are boosting ResortPass by $26 million to build out its day-pass marketplace for establishments that want to allow…

Selene Brophy | 1 week ago

Online Travel

Yatra Thinks an Early 2023 India IPO Could Spur New Alliances

Just days after news of Oyo's hoped-for initial public offering, Yatra is confident of getting listed in the Indian bourses by March 2023. If soaring travel demand in India is the new norm, then travel businesses have a lot to cheer about.

Peden Doma Bhutia | 1 week ago

Online Travel

Expedia’s CEO on the Great Opportunities in Travel

Listen to Peter Kern, CEO and vice chairman of Expedia Group, in conversation with Skift's Rafat Ali.

Jason Clampet | 2 weeks ago