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Articles tagged “booking holdings”

Hotels

Marriott Is Sued by D.C. as Hotel Resort Fees Come Under Renewed Fire

Resort fees are embedded into many hotels' business models, so it would take a lot to upend them. But the prospect is picking up a lot of momentum.

Dennis Schaal, Skift | 5 years ago

Marriott Is Sued by D.C. as Hotel Resort Fees Come Under Renewed Fire

Online Travel

Highest-Paid Online Travel CEOs of 2018

The CEOs of Booking Holdings, Expedia Group, and TripAdvisor all saw their total compensation fall in 2018, but only because 2017 was an exceptional year for each. Glenn Fogel of Booking and Mark Okerstrom of Expedia were each appointed as CEO in 2017, and Steve Kaufer of TripAdvisor received a long-term incentive award that was undoubtedly the envy of his peers.

Dennis Schaal, Skift | 5 years ago

Highest-Paid Online Travel CEOs of 2018

Online Travel

Booking Holdings Delays Charging Hotels Resort Fee Commissions in Major Reversal

Booking Holdings faced opposition from hotels over its new resort-fee commission policy, although the brands that dropped out of Booking.com would not have delivered a material financial hit. This major reversal coincides with a leadership change atop Booking.com and represents a victory for hotels and their controversial fees.

Dennis Schaal, Skift | 5 years ago

Online Travel

Booking Management Shakeup Leaves Gillian Tans Out as CEO of Flagship Unit

There's little doubt that Tans' abrupt departure, without any transition time, points to conflicts within Booking Holdings over the company's strategic direction.

Dennis Schaal, Skift | 5 years ago

Booking Management Shakeup Leaves Gillian Tans Out as CEO of Flagship Unit

Hotels

Expedia Group Rules Out Charging Commissions on Hotel Resort Fees

Hotels charging resort fees now have the choice of paying higher commissions to Booking.com and/or seeing their properties fall in Expedia's sort order. The other change that many don't want to make is to simply — and painfully — stop charging anti-consumer resort fees.

Dennis Schaal, Skift | 5 years ago

Expedia Group Rules Out Charging Commissions on Hotel Resort Fees

Online Travel

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Cryptocurrency is only in its early days, but already it's easy to see how its mission to democratize the financial system might be co-opted. And do currency reformers really need Facebook, with all of its baggage, leading this Libra effort?

Dennis Schaal, Skift | 5 years ago

Facebook’s New Libra Cryptocurrency Could Solve Travel Payments Dilemma

Online Travel

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Booking Holdings wants to be an innovator and supporter of alternative payments systems given its presence in emerging markets, especially in Asia. So it is understandable that Booking would want to be a first mover in Facebook's digital currency effort, regardless of how it eventually turns out.

Dennis Schaal, Skift | 5 years ago

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Online Travel

Agoda CEO: Online Travel Is Becoming Like the Game of Thrones

Agoda has been an online travel leader in Asia for more than a decade. CEO John Brown doesn't doubt that it will stay the same, but the new competition sure indicates winter is coming.

Tom Lowry, Skift | 5 years ago

Agoda CEO: Online Travel Is Becoming Like the Game of Thrones

Business Travel

Booking Drops Hotel Requirement to Book Tours and Activities

Booking.com's hotel focus has given way to a strategy to serve travelers at every portion of the trip. TripAdvisor already does it, Expedia too. Airbnb is on that full-service road. So Booking.com will have plenty of company.

Dennis Schaal, Skift | 5 years ago

Booking Drops Hotel Requirement to Book Tours and Activities

Online Travel

Booking Holdings Empire Tiptoes Toward Quiet Collaboration

As Booking Holdings brands try to cross-sell their customers on more products, such as attractions, restaurants, and ground transportation, more companywide collaboration may be inevitable. No brand mergers are in the offing, but signs point toward more coordination.

Sean O'Neill, Skift | 5 years ago

Booking Holdings Empire Tiptoes Toward Quiet Collaboration