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Articles tagged “booking holdings”

Online Travel

Booking Holdings Expands Loyalty Program to Priceline, Kayak and Agoda

At a time when some big hotel brands seek to increase average daily rates, Booking Holdings' expansion of its Genius loyalty and discounting program could hurt that effort. Some individual properties, hungry for increased exposure as they compete with vacation rentals and other hotels, will welcome the move.

Booking Holdings Expands Loyalty Program to Priceline, Kayak and Agoda

Online Travel

Booking Holdings Loses Shareholder Vote on Climate Progress Report

Corporations are going to have to get used to shareholders taking them to task about the existential challenge of climate change. In this case, the shareholders were correct — buying carbon offsets while increasing carbon emissions just won't make the cut.

Booking Holdings Loses Shareholder Vote on Climate Progress Report

Online Travel

Booking Holdings to Repay $110 Million in Pandemic Aid After Dutch Criticism About Bonuses

Booking Holdings was obviously not going to rescind the executive bonuses, and needs decent relations with both the Dutch government and its employees in the Netherlands, where Booking.com is headquartered. The company did the right thing, albeit under pressure.

Booking Holdings to Repay $110 Million in Pandemic Aid After Dutch Criticism About Bonuses

Coronavirus

U.S. Emerges as Unlikely Growth Hub for These Travel Sectors

The relative stability found in the U.S. will help companies in the online travel agency and vacation rental orbit fuel growth for the next few years — but don’t completely write off Asia and Europe. Most major hotel companies see those regions as the way to continue adding thousands of hotels to their portfolios.

U.S. Emerges as Unlikely Growth Hub for These Travel Sectors

Business Travel

Maldives Tests New Tourism Models and 10 Other Top Travel Stories This Week

In Skift's top stories this week, we covered the Maldives' experiment with new tourism models, the blurring of work and travel, Priceline's acquisition of an airline technology startup, and a Skift research analysis of hotel direct booking.

Maldives Tests New Tourism Models and 10 Other Top Travel Stories This Week

Online Travel

Spunky Vrbo Is Outpacing Airbnb in Listings Growth

Vrbo indeed seems to be stealing a bit of market share from Airbnb in the U.S. in recent months, albeit from a much smaller base. Vrbo's aggressive marketing campaign earlier this year appears to be paying off.

Spunky Vrbo Is Outpacing Airbnb in Listings Growth

Mergers and Acquisitions

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Booking.com faces tough-going in U.S. short-term rentals. Its business model has hosts perceiving they pay lower commissions to Airbnb, and the latter is has a big brand advantage. At the same time, Booking.com needs to defend Airbnb incursions on its own European turf.

Booking Holdings CEO: We Can Replicate European Short-Term Rental Success in U.S.

Online Travel

Priceline Buys Travel Startup Flyiin for Its Airfare Sales Tech

Airlines have been shaking up how they sell and distribute their airfares and ancillaries. Priceline is one of a few brands striving to keep pace through acquisitions or research and development.

Priceline Buys Travel Startup Flyiin for Its Airfare Sales Tech

Online Travel

Booking Holdings Sees a Surge in Flight Bookings as It Plays Catch-Up With Expedia

For years, industry analysts would muse: When is Booking.com going to launch flights? Well, now that business is showing strength, albeit from a small base. Seen as strategic, that airline ticket business comes at a price — lower profit margins.

Booking Holdings Sees a Surge in Flight Bookings as It Plays Catch-Up With Expedia

Online Travel

Booking Holdings Missed Out on the Pandemic’s Global Short-Term Rental Boom: Here’s Why

The geographic business mix of Booking Holdings has always been a tightly held secret. The trajectory of the uneven recovery, with the U.S. being its strongest and Europe the weakest regions, prompted the company the tell-all. The dynamic proved disadvantageous for Booking's short-term rentals.

Booking Holdings Missed Out on the Pandemic’s Global Short-Term Rental Boom: Here’s Why