Articles tagged “booking.com”

Expedia Begins Revealing Its Big Ambitions in Hotel Services

Expedia is seeking to gain even more influence in the hotel industry while the big chains are trying to limit online travel agencies' clout through the hotels' direct-booking campaigns. As Expedia's recent Marriott Vacations and Red Lion deals, along with the needs of smaller hotels, show, there is substantial upside for Expedia.

1 week ago

Booking.com in Reversal as it Launches Loyalty Program for Business Travelers

There's no doubt that Booking.com already has the user base -- and can increase it -- to be successful in catering to unmanaged business travelers. Whether a loyalty program will turn out to be advantageous remains to be seen and can be adjusted as the situation merits. The real question is whether Booking.com, like Expedia's Egencia, will take the next step into managed travel by acquisition or otherwise.

3 weeks ago

Hotel Direct Booking Campaigns Won’t Hurt Priceline and Expedia Says Study

Expedia, Booking.com and Ctrip are all slated to grow at at healthy clip over the next few years despite moves by big chains to steal some market share. If Morningstar's numbers are right, then some of the chains may find that the potential advantages of their direct-booking campaigns may not be as large as they once imagined.

3 weeks ago

Priceline Exec Says Virtual Reality May Make Travel Planning Obsolete

It was almost heresy a few years ago to say that people would arrive for a trip in a destination without a hotel reservation. Advances in artificial intelligence and virtual reality in coming years may take that whole trend even further. Will your grandkids say, "Trip-planning: What was that?"

4 weeks ago

Booking.com CEO: Direct and Third-Party Bookings Can Peacefully Co-Exist

OTAs have had it their own way for a long time but the boss of Booking.com seemed relaxed about the future. Different customers will continue to require different ways to book a room.

4 weeks ago

Priceline Group CEO Sees Changing Consumer Search Behavior on Alternative Accommodations

Metasearch sites such as Kayak, Hipmunk, Trivago, TripAdvisor and Tripping have a lot of heavy lifting to do because consumers will increasingly be demanding better ways to comparison-shop for alternative accommodations that are often unique and difficult to define. All things being equal -- and they aren't -- that's a big market opportunity for these sites.

3 months ago

Priceline CEO to Hotels: We Can Offer Discounted Rates, Too

Priceline Group Interim CEO Jeffery Boyd is too much of a gentleman and a professional to get into a public shouting match with his hotel-chain partners. Still, behind the scenes, he doesn't intend to sit back and let hotel chains withhold their lowest rates without taking retaliatory steps.

3 months ago

CEO Interview: Mobile Booking, Digital Marketing and the New Way to Sell Hostels

Like many successful companies, Hostelworld resolves to win by maintaining its focus on what it does best: Selling hostels. Its big challenge is to generate more awareness about the modern and socially oriented hostel while larger players like Airbnb and Booking.com suck the air out of Google.

4 months ago

TripAdvisor Is a Smart Acquisition for Someone Right Now

Buying TripAdvisor would be a very large -- albeit relatively cheap -- acquisition given its current stock price. One very significant impediment, especially for Priceline, is the fact that Liberty TripAdvisor Holdings, which has historic ties to Barry Diller's Expedia, controls TripAdvisor. Still, for the right price, Liberty would have to consider a sale of its prized asset as TripAdvisor goes through a very challenging and prolonged transition.

4 months ago

Priceline.com CEO Departs Part Way Through Turnaround Plan

Brett Keller, Priceline.com's new interim CEO, knows his way around headquarters, having worked there for 17 years. He takes over at a critical time for the Priceline.com brand, although Booking.com is by far the Priceline Group's most important cog.

5 months ago

Oral History of Online Travel: Booking.com Succeeds Despite Doing It ‘Wrong’

Booking.com rode the agency model, which is attractive for its lack of complexity in forging online travel agency-hotel relationships and consumer-friendliness, into the growth engine of a $68 billion business. Its executives did so by ignoring the trendiness of the crowds and sticking to their own beliefs and vision.

5 months ago

Booking.com Gets a Nearly $400 Million Tax Bill From France

European tax authorities, in this case from France and Italy, continue to go after online travel agencies like Booking.com for back taxes. Booking.com is such a large company that a $400 million bill, if it actually must be paid, won't cause the company to sweat excessively.

5 months ago