Articles tagged “booking holdings”

Expedia Group stepped out of the pack and ceased offering travel to and from Russia because of Putin's invasion of Ukraine. The company doesn't have a ton of Russia-related business, so even if the move is more symbolic than anything else, it is an important statement.

Booking Holdings is a significantly more profitable company than Airbnb, which recovered from the pandemic faster, and likely has more upside, but that is certainly debatable.

Listen now to a conversation with Booking Holdings CEO Glenn Fogel at Skift Global Forum in September 2021 in New York City.

As part of its "connected trip" and loyalty strategy, Booking Holdings argued it can convince hotels and other partners to offer up substantial discounts and perks, and this would spur incremental bookings. But do hotels really want to be a cog in building the Booking.com brand?

Booking.com has a substantial presence in the Middle East, but there is a vacuum that Wego Group and homegrown players could begin to fill over the next few years.

Good morning from Skift. It's Monday, February 21, in New York City. Here's what you need to know about the business of travel today.

As the Booking.com vice president said, consumers do indeed have myriad choices in how to book hotels in Europe. But it is also true that Booking.com wields a lot of power when it comes to the prospects for the large swath of independent hotels in the region.

Expedia Group's Peter Kern may or may not be correct in his claim that the trend toward long-term stays will eventually weaken to a considerable degree. On the other hand, his Vrbo vacation rental brand probably could have done more to capitalize on the trend.

So many Super Bowl ads strive for this level of emotion, to tap into deeply felt, pent-up or even repressed sentiments during a certain moment in history. The Turkish Airlines ad, getting aired during the tumult of a pandemic, will connect with people, and is so on point for the airline.

We could hear more about Booking Holdings' rationale for eliminating a chunk of Booking.com's customer service workforce when the parent company reports its fourth quarter earnings February 23. It saves money to outsource operations, but doesn't foster better relationships with customers.