Page 24

Articles tagged “booking holdings”

Coronavirus

European Travel Ban Came Too Late and 11 Other Top Coronavirus Travel Stories This Week

In coronavirus-related travel stories this week, Skift covered the tardiness of banning European travel to the United States, Airbnb and Trivago's workforce cuts, staycations, Hilton's views on drive vacations, and Alaska Airlines' bets on its agility with domestic travelers.

Dennis Schaal, Skift | 4 years ago

Coronavirus

Are the Views of the CEOs of Tripadvisor and Booking Holdings Sage or Stale for Travel Post-Pandemic?

Surprises will inevitably pop up that Glenn Fogel, Steve Kaufer, and others can't envision now about what the travel industry may look like in 2022 and beyond. So the duo, both 20-year travel industry veterans, may be wrong about some crystal ball assumptions, but that doesn't mean their companies won't be able to adapt.

Dennis Schaal, Skift | 4 years ago

Are the Views of the CEOs of Tripadvisor and Booking Holdings Sage or Stale for Travel Post-Pandemic?

Coronavirus

Booking Holdings Sees First Signs of Changing Traveler Behavior Brought on by Pandemic

Will it be hotels or alternative accommodations that bounce back first? Booking Holdings officials said they see a shift toward alternative accommodations when travelers are booking stays at least two months in advance. But this trend won't necessarily stick over the long term.

Dennis Schaal, Skift | 4 years ago

Booking Holdings Sees First Signs of Changing Traveler Behavior Brought on by Pandemic

Coronavirus

Kayak and OpenTable Layoffs and Furloughs Impact 400 Employees

The job cuts at Kayak and OpenTable represent the first reported layoffs and furloughs at parent company Booking Holdings growing out of the coronavirus crisis other than for 48 contractors at Booking.com whose agreements weren't renewed. Few travel companies will emerge unscathed so it wouldn't be surprising if more cuts were coming at other Booking brands.

Dennis Schaal, Skift | 4 years ago

Kayak and OpenTable Layoffs and Furloughs Impact 400 Employees

Coronavirus

Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Google's advertising business slowed in March as the pandemic kicked in globally. The second quarter, which ends in June, could be worse, and travel advertisers doing everything they can to conserve cash will be one of the reasons.

Dennis Schaal, Skift | 4 years ago

Travel’s Paralysis Will Hurt Google’s Advertising Business in Coming Months

Online Travel

Booking Holdings Admits to Having Critical Failures Even Before the Pandemic

Booking Holdings hired a new marketing chief in 2019 because it knew that its brand marketing in the U.S. was falling short, particularly against household name Expedia. Booking is pivoting to address shortcomings, realizing finally you can't keep kicking the can down the road with basically the same strategy.

Dennis Schaal, Skift | 4 years ago

Booking Holdings Admits to Having Critical Failures Even Before the Pandemic

Coronavirus

Booking Holdings Applies for European Relief With Substantial Layoffs Possible

Government relief or not, if a substantial coronavirus recovery doesn't take shape by June, it's hard to believe that Booking Holdings won't execute substantial layoffs like everyone else. Perhaps the crisis, too, will spur new discussions about enormous pay gaps between CEOs and their workers.

Dennis Schaal, Skift | 4 years ago

Booking Holdings Applies for European Relief With Substantial Layoffs Possible

Coronavirus

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

In our coronavirus in travel coverage this week, marketers will have to throw out the playbook post-crisis, Booking Holdings mulled dire financial scenarios, a devalued Airbnb secured new financing at unattractive terms, Flight Centre closed 800 travel agencies, and Carnival Corp. took a controversial investment from the Saudi government.

Dennis Schaal, Skift | 4 years ago

Travel Marketing Post-Crisis and 11 Other Coronavirus Travel Stories This Week

Coronavirus

Airbnb’s Valuation Almost Halved to $18 Billion

Love it or hate it, you can hardly blame Airbnb for a deflated valuation, although not all of the plunge is coronavirus-related. The pain that is infecting travel and other companies at this moment is boundless.

Dennis Schaal, Skift | 4 years ago

Airbnb’s Valuation Almost Halved to $18 Billion

Coronavirus

Booking Holdings Lays Out an Ominous Financial Outlook

If the impact of coronavirus gets worse, and if the company doesn't tap any additional borrowings, Booking Holdings probably has enough money to pays its obligations until the second half of 2021 — but it can't guarantee that will be the case. This has potential chilling implications for weaker competitors, let alone tens of thousands of smaller businesses that will likely be long gone by then.

Dennis Schaal, Skift | 4 years ago

Booking Holdings Lays Out an Ominous Financial Outlook